500 Gulf Shore Dr Unit UNIT 213B, Destin, FL 32541

$650,000
2
BD
2
BA
1,036
SqFt

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List Price
$650,000
Days on Market
0
MLS#
1015557
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Full Bathrooms
2
Living Area
1,036
Neighborhood
Destin Beach West

Property Description

Jetty East is a gated, six-story midrise located directly on the beach on Holiday Isle along Gulf Shore Drive in Destin. It offers covered under-building parking and convenient access to Destin Harbor, East Pass jetties, and New Norriego Point for walking, biking, snorkeling, and fishing. Unit Details & Renovations (Unit 213B):Full Remodel (2015): Taken down to the studs with a reconfigured kitchen layout. Upgrades included complete copper rewiring with a new electrical panel, exterior venting for both bathroom fans, updated plumbing lines, luxury vinyl plank (LVP) flooring, quartz countertops in the kitchen and bathrooms, custom kitchen cabinets, crown molding, shiplap walls, and tiled showers with glass doors. Appliance & Systems Updates: Water heater (10/26), Refrigerator (7/26), Microwave (5/25), and HVAC system (6/20). Rental Income: Generates $42,500 to $45,800 annually, even with heavy owner usage. Building Amenities & Location: Amenities: 900 feet of beach frontage, a 2,400-square-foot pool with a sun deck, hot tub, beachside pavilion with charcoal grills, tennis and pickleball courts, fitness room, shuffleboard, children's activities, seasonal music entertainment, 24-hour security, and an owners' room with a full kitchen. Location: Close proximity to local shopping, dining, and grocery stores, including the new Publix. Financing & Structural Notes: Jetty East is classified as a non-warrantable condotel and does not qualify for conventional Fannie Mae or Freddie Mac financing. The required Milestone Study and Structural Reserve Study were both completed in mid-summer.

Additional Information

Appliances
Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Elementary School
Destin
Exterior Features
Balcony, Gazebo, Tennis Court(s)
High School
Fort Walton Beach
Interior Features
Breakfast Area, Crown Molding, Lock Out, Walls Mirrored, Washer Hookup
Legal Description
JETTY EAST UNIT 213-B
Middle School
Destin
Neighborhood
Destin Beach West
Community Features
BBQ Pit/Grill, Beach Access, Community Room, Elevator, Exercise Room, Gated, Pavillion/Gazebo, Pool, Tennis Court(s), Water Access, Pets Allowed, Pickleball, Short Term Rental Allowed
Subdivision
Jetty East Condominium
Waterfront Features
Gulf, Beach Access
View
Gulf
Year Built
1977

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Listing courtesy of East Pass Realty Inc.

Vendor Member Number : 28166