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500 Gulf Shore Drive

Destin, FL 32541

1 bed
1 bath
636 sqft
$566 per sqft
1977 build
– on site

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Here is Destin's best value for a Gulf-front unit offering 10% gross rental returns yearly. It has been professionally inspected and all repairs completed, including a brand new water heater! Perfectly positioned, this 5th floor unit has breathtaking views of 1 of the largest beaches (900 ft) on Holiday Isle, in this coveted location just around from the East Pass and Destin's Harbor Walk. It is being offered turn-key and furnished with some newer furniture recently, including a new sofa/sleeper and also has a new refrigerator. Over the past few years, the JE owners have updated the complex with new hurricane windows and doors, along with a new cooling tower for the unit's ACs. Jetty East is a lovely, gated property with 24 hour security, with lovely and lush grounds. The amenities include: a 2400 sq. ft. pool with sun deck, hot tub, beach side pavilion with charcoal grills, tennis courts, pickle ball, fitness room, kid's activities, music entertainment, shuffleboard, and an owner's meeting room. Here you feel like you are a world away from real life, yet you are just a couple of miles to all the conveniences of Destin: shopping, eateries, ice cream shoppes, entertainment venues, and some of the best restaurants the Emerald Coast has to offer. This condo is perfect for primary, secondary or short-term rental. It did $43,876 in Gross rental revenue in 2022, managed by the onsite mgmt, and this is with the owner blocking several peak weeks for personal use. There are booked rental weeks to convey at a closing IF the buyer desires them through the Jetty East Management. *Note that with an acceptable offer the Sellers will pay the remaining balance on the current special owner's assessment at closing. *All listing details are deemed to be correct and accurate, but buyer is responsible for verifying any and all details as needed.

Listing courtesy of ECARMLS / Compass

Last checked: Checking… • Last updated Oct 27, 2024 •

MLS# 919195 —

The Building

Year Built:

1977
Architectural Style:

N/A
Direction Faces:

None
Construction Materials:

Concrete, Foundation On Piling, Roof Membrane, Stucco
Foundation Details:

None
Basement:

None
Exterior Features:

Balcony, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Tennis Court
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Green Energy Efficient:

Doors
Levels:

None
Stories Total:

6
Building Area Total:

636.0
Building Area Source:

Building Plan

Interior

Rooms Total:

3
Interior Features:

Breakfast Bar, Floor Tile, Furnished - All, Lighting Track, Owner's Closet, Pantry, Renovated, Washer/Dryer Hookup, Window Treatment All
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

From HWY 98, turn South onto Gulf Shore Drive (across from Target & McDonald's). Follow Gulf Shore Drive around the curve and through the traffic light for approx. 1.3 miles until you see the sign for Jetty East. It is a gated community with an attendant.

The Property

Parcel Number:

00-2S-24-1295-0000-519A
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Units:

Acres
Possible Use:

None
Topography:

None
View:

Gulf
Waterfront:

true
Waterfront Features:

Gulf, Shore - Beach
Water Body Name:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

2930.24
Tax Legal Description:

APARTMENT NO. 519-A OF JETTY EAST, UNIT 1, A CONDOMINIUM

Beds

Bedrooms Total:

1

Baths

Total Baths:

1.0
Total Baths:

1
Full Baths:

1
Partial Baths:

None
Bathrooms Three Quarter:

None
Quarter Baths:

None

The Listing

Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electric, Public Sewer, Public Water, TV Cable
Electric:

None
Sewer:

None

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer

Schools

Elementary School:

Destin
Middle Or Junior School:

Destin
High School:

Fort Walton Beach
Elementary School District:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

JETTY EAST CONDO
Senior Community:

No
Community Features:

BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront, Whirlpool
Pool Private:

None
Pool Features:

Pool Type
Spa Features:

None
Pets Allowed:

None
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee Includes:

Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, Security, Sewer, Telephone, Water, Cable TV, Trash
Association Fee Frequency:

Quarterly
Association Fee 2:

3349.0

Parking

Attached Garage:

true
Carport:

false
Parking Features:

Covered

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$113/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
7/27/23 Jul 27, 2023	Sold	ECARMLS	$360,000

Condo Sold on 7/27/2023

$360,000

Listing provided by broker:

Rachel Hutchings

Compass

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Listing Courtesy of: ECARMLS and Compass.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

500 Gulf Shore Drive

Destin, FL 32541