500 Gulf Shore Drive UNIT 115B Destin, FL 32541

Condominium MLS #: 967582 Courtesy Of East Pass Realty

$649,900

2 beds | 2 baths | 1,030 sq ft
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Est. Property Tax: $3,455
Estimated monthly payments: $3,129/mo.* (recalculate)

Property InformationDescription

Gulf front 2-bedroom 2 bath condo. The upgrades have paid off in its 1st year on the rental program. 2023 Gross Rental income of $54,000 2023 upgrades: all new stainless appliances, new furniture, new mattresses, new décor and rugs 2024 New luxury plank flooring, new double vanity counter tops in the master bathroom, new countertop, cute backsplash and new sink in the kitchen. New sink and countertop in guest bath, new faucets and patio furniture. Custom Shutters 115B is located on the 1st floor, which is above the covered parking garage, allowing for great views. Centrally located to the elevator or stairs. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. (Roughly $30,000) . Begin and end each day enjoying spectacular morning views of the Gulf of Mexico. Enjoy evening sunsets and seasonal fireworks from the beach. Great location for shopping, grocery stores (New Publix) and restaurants. Jetty East Amenities: 900 feet of beach, 2400 sq. ft. pool with sun deck, hot tub, beach side pavilion with charcoal grills, tennis courts, pickleball, fitness room, kids' activities, music entertainment, shuffleboard, covered parking, 24-hour security. Nice owners room with full kitchen for meetings or parties. Financing Note: Jetty is a Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing.

Milestone Inspection and Structural Studies competed August 1, 2024 special assessment to replace building ski lights ($11,616) has been paid work will be completed 2/20/25
MORTGAGE CALCULATOR

Features

  • Age: 41-50 Years Old
  • Amenities: Dock, Water Front
  • Appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
  • Architecture Style: Other
  • Exterior Type: Concrete
  • Heating System: Central Furnace
  • Rooms: Living Room

MAP & DIRECTIONS

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500 Gulf Shore Drive UNIT 115B, Destin, FL 32541
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School Information

500 Gulf Shore Drive UNIT 115B, Destin, FL 32541

Elementary School
Grades PK-4 | Public School
DESTIN ELEMENTARY SCHOOL
Destin, FL 32541
630 Kelly St
850.­833.4360
Distance: 1.4 mi
School Rating
A
Student:Teacher Ratio
16:1
Total Students
948
Elementary School
Grades 5-8 | Public School
DESTIN MIDDLE SCHOOL
Destin, FL 32541
4608 Legendary Marina Dr
850.­833.7655
Distance: 4.7 mi
School Rating
A-
Student:Teacher Ratio
19:1
Total Students
765
Middle School
Grades 5-8 | Public School
DESTIN MIDDLE SCHOOL
Destin, FL 32541
4608 Legendary Marina Dr
850.­833.7655
Distance: 4.7 mi
School Rating
A-
Student:Teacher Ratio
19:1
Total Students
765
High School
Grades 9-12 | Public School
FORT WALTON BEACH HIGH SCHOOL
Fort Walton Beach, FL 32548
400 Hollywood Blvd SW
850.­833.3300
Distance: 8.6 mi
School Rating
C+
Student:Teacher Ratio
22:1
Total Students
1910
Other Nearby Schools Distance Type Grades School Rating
Shalimar Elementary School 6.4 mi Public PK-5 C-
Meigs Middle School 6.6 mi Public 6-8 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Destin, FL 32541

Median Age: 43.3
Married: 50%
Number of Households: 8,407
Households with Children: 25.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.