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506 Gulf Shore Drive

Destin, FL 32541

2 beds
2 baths
1,362 sqft
$337 per sqft
1983 build
– on site

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Beautiful Gulf Front property with great views of the Gulf, Pass, and Destin Harbor from this sixth floor top level unit! Beachy decor and paint makes this unit a strong renter. Last year it grossed over $42,000 with some owner usage and is having a strong year for 2020 in spite of losing the spring due to Covid 19. It has two bedrooms, two full baths and a bunk room which make it desirable for families. Large Master Suite with walk in closet. Owner lock out closet in unit and an added bonus is the under garage parking and separate storage unit. Inlet Reef is gated and offers on-site security, on-site HOA, lighted tennis courts, heated pool and spa, cabana, grills, gym, shuffle board, community room, and the most beautiful beaches on the Emerald Coast that have just been re-nourished. Inlet Reef has to increase the HOA dues due to shortages from covid. They basically added $100/month. They are hoping to reduce them once the rental income comes back. Being offered fully furnished and is turn key rental ready. HBO is included in the cable package included in the HOA dues. Owners are allowed to have pets. The complete HVAC system was replaced in 2016. There a a few exclusions of wall decor: The Destin Rodeo framed prints and an original painting done by the seller.

Listing courtesy of ECARMLS / Five Star Properties RE FL Inc

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# 852673 —

The Building

Year Built:

1983
Architectural Style:

N/A
Construction Materials:

Concrete, Roof Concrete, Roof Flat, Stucco
Direction Faces:

None
Basement:

None
Foundation Details:

None
Exterior Features:

Balcony
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Stories Total:

7
Levels:

None
Building Area Total:

1362.0
Building Area Source:

Condo Docs
# of Buildings:

1

Interior

Rooms Total:

4
Interior Features:

Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Furnished - All, Hallway Bunk Beds, Pantry, Plantation Shutters, Renovated, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
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

Financial & Terms

Buyer Financing:

Conventional, Other

Location

Directions:

From Hwy 98, turn south onto Gulf Shore Dr (Target intersection) and go 1.2 miles, through 2 stop signs, and Inlet Reef is on the left.

The Property

Parcel Number:

00-2S-24-4575-0000-6150
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Units:

Acres
Possible Use:

None
Topography:

None
View:

Harbor, Gulf
Waterfront:

true
Waterfront Features:

Gulf
Water Body Name:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2019
Tax Annual Amount:

3995.62
Tax Legal Description:

INLET REEF CLUB UNIT 615

Beds

Bedrooms Total:

2

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

2
Partial Baths:

None
Bathrooms Three Quarter:

None
Quarter Baths:

None

The Listing

Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Ceiling Fan(s), Central Air
Cooling:

true

Utilities

Utilities:

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

None
Sewer:

None

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Continue Clean, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
Dryer:

true
Washer:

true
Disposal:

true
Microwave:

true
Dishwasher:

true

Schools

Elementary School:

Destin
Elementary School District:

None
Middle Or Junior School:

Destin
Middle Or Junior School District:

None
High School:

Fort Walton Beach

The Community

Subdivision Name:

INLET REEF CLUB CONDO
Senior Community:

No
Community Features:

BBQ Pit/Grill, Beach, Elevators, Exercise Room, Gated Community, Pool, Sauna/Steam Room, Separate Storage, Tennis, TV Cable, Waterfront
Pool Private:

None
Pool Features:

Pool Type
Spa Features:

None
Pets Allowed:

None
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee Includes:

Ground Keeping, Insurance, Internet Service, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Trash
Association Fee Frequency:

Quarterly
Association Fee 2:

2170.0

Parking

Carport:

false

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

$148/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
10/9/20 Oct 9, 2020	Sold	ECARMLS	$460,000

Condo Sold on 10/9/2020

$460,000

Listing provided by broker:

Russell Wamble

Five Star Properties RE FL Inc

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Listing Courtesy of: ECARMLS and Five Star Properties RE FL Inc.

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.

506 Gulf Shore Drive

Destin, FL 32541