506 Gulf Shore Drive
Destin, FL 32541
- 2 beds
- 2 baths
- 1,362 sqft
- $671 per sqft
- 1982 build
- – on site
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Inlet Reef on Holiday Isle, Destin, experience the luxury and lifestyle of coastal living in this highly sought-after Gulf Front Condo. The unparalleled views and direct access to the balcony from both the living area and the master bedroom, offer the perfect vantage point to enjoy the sunsets. The custom kitchen, designed for culinary enthusiasts, features custom cabinetry, new appliances, elegant granite counters, and recessed lighting. The master bath has been thoughtfully renovated with quartz counters, double sinks, a seated vanity, a spacious tile shower, and a custom closet complete with a built-in shoe rack. The guest room, with its generous closet, provides a tranquil space for relaxation. An added convenience is a full size in-unit washer and dryer. The condo is also equipped with a Halo water detection system, Impact Sliders and storm shutters for added peace of mind. Recent upgrades, including a completely replaced HVAC system in 2021 and a new Water Heater in 2020. Inlet Reef's amenities include a large gulf-front pool, lighted tennis courts, pickle ball courts, and a state-of-the-art workout facility. Owners enjoy garage parking on a first-come, first-serve basis, and owners pets are welcome. This unit is not only a luxurious residence but also an income-producing opportunity, thanks to its prime location. Units in Inlet Reef have demonstrated impressive gross rental income ranging from $68,000 to $117,000, depending on occupancy. Additionally, for the upcoming season, enjoy the added convenience of beach chair service. Don't miss this rare opportunity to own a piece of coastal paradise with luxurious living and impressive rental potential. Schedule your showing today.
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Last updated Feb 20, 2025
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MLS# 937227 —
The Building
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Year Built:1982
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Construction Materials:Concrete, Steel, Stucco
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# of Buildings:114
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Building Area Total:1362.0
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Building Area Source:Appraiser
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Architectural Style:N/A
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Basement:None
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Stories Total:7
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Levels:None
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Foundation Details:None
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Exterior Features:Balcony
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Direction Faces:None
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Green Energy Efficient:Doors
Interior
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Interior Features:Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - None, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Washer/Dryer Hookup
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Rooms Total:4
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:From Highway 98 in Destin, turn south on Gulf Shore Drive. Continue on Gulf Shore DR, Inlet Reef building will be on your left.
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Parcel Number:00-2S-24-4575-0000-4040
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Topography:None
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Waterfront:true
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Waterfront Features:Gulf
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2022
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Tax Annual Amount:3710.12
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Tax Legal Description:INLET REEF CLUB UNIT 404
Beds
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Bedrooms Total:2
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Home Warranty:No
Heating & Cooling
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Heating:No
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Cooling:No
Utilities
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Utilities:Community Water, Electric, Public Sewer, Public Water, TV Cable
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Electric:None
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Sewer:None
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
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Dryer:true
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Washer:true
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:Destin
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Elementary School District:None
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Middle Or Junior School:Destin
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Middle Or Junior School District:None
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High School:Destin
The Community
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Subdivision Name:INLET REEF CLUB CONDO
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Community Features:BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Pets Allowed, Pool, Sauna/Steam Room, Separate Storage, TV Cable, Waterfront, Whirlpool
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:3459.0
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Association Fee Frequency:Quarterly
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Association Fee Includes:Accounting, Ground Keeping, Insurance, Internet Service, Management, Security, Sewer, Water, Cable TV, Trash
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Attached Garage:false
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Carport:false
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Parking Features:Garage, Covered, See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/1/24
Mar 1, 2024
|
Sold | ECARMLS | $915,000 |