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500 Gulf Shore Drive, UNIT 407, Destin, FL 32541 (MLS# 795195)


$699,000
500 Gulf Shore Drive, UNIT 407
Destin, FL 32541
MLS# 795195
Status: Sold
3 beds  |  2 baths  |  1630 sqft


500 Gulf Shore Drive, UNIT 407, Destin, FL 32541
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Property Description
These Gulf side lockout units do not come on the market often. The unit can either be rented as a three bedroom two bath or as a two bedroom one bath and a one bedroom one bath. This unit grossed over $75,000 in 2017. It is hard to find a better return anywhere along the beach. Jetty East offers a Gulf side pool, Tennis Courts and a Gazebo with BBQ grills on the beach.

Details
Maps
Status Change Info
Status: Sold
Under Contract Date: 2019-05-30
Sold Date: 2019-07-08
Sold Price: $690,000
Sold Price/SqFt: 423.31
Contract Info
List Date: 2018-04-02
Current Price: $690,000
List Price: $699,000
List Price/SqFt: 428.83
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 500
Street Name: Gulf Shore
Street Suffix: Drive
Unit #: UNIT 407
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1401 - Destin Beach West
Project Name/Subdivision: Jetty East Condominium
Parcel ID: 00-2S-24-1295-0000-4070
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: JETTY EAST UNIT 407
General Property Info
Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1630
Balcony SqFt: 216
SqFt Source: County PA Records
Bedrooms: 3
Full Baths: 2
Total Bathrooms: 2
# Stories: 6
Stories In Unit: 1
# of Units in Bldg: 198
Stories in Building: 6
Unit Floors Above Ground: 5
Year Built: 1975
Immediate Occupancy: Yes
Covered Spaces: 2
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 1650
Assessment Paid: Quarterly
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 5779.37
Last Tax Year: 2017
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: These Gulf side lockout units do not come on the market often. The unit can either be rented as a three bedroom two bath or as a two bedroom one bath and a one bedroom one bath. This unit grossed over $75,000 in 2017. It is hard to find a better return anywhere along the beach. Jetty East offers a Gulf side pool, Tennis Courts and a Gazebo with BBQ grills on the beach.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 2.5
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Waterfront: Gulf; Shore - Beach; Shore - Natural; Unit Waterfront
Waterview: Gulf
Parking Features: Covered; Guest
Project Facilities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Elevators; Exercise Room; Fishing; Gated Community; Handicap Provisions; Laundry; Leasehold; Pavillion/Gazebo; Pets Allowed; Pool; Tennis; TV Cable; Waterfront; Whirlpool
Construction/Siding: Concrete; Foundation On Piling; Roof Membrane; Stucco
Exterior: Balcony; Hurricane Shutters
Interior: Breakfast Bar; Floor Tile; Furnished - All; Kitchen Island; Lighting Recessed; Renovated; Split Bedroom; Window Treatment All
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Continue Clean; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBed Waterfront
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Balcony; Bedroom; Dining Room; Kitchen; Master Bedroom
Financing: Conventional
Fees Include: Accounting; Ground Keeping; Internet Service; Legal; Licenses/Permits; Management; Other Utilities; Security; Sewer; Telephone; Trash; TV Cable; Water
Existing Leases: Daily/Weekly
Room Information
Room Name Level Dimensions Length Width Remarks Dimensions
Dining RoomFirst24 x 1224.0012.00Dining/Living Combo24 x 12
Dining RoomFirst15 x 1215.0012.00Dining/Living Combo15 x 12
KitchenFirst12 x 912.009.0012 x 9
KitchenFirst9 x 69.006.009 x 6
Master BedroomFirst15 x 1215.0012.0015 x 12
Master BedroomFirst15 x 1215.0012.0015 x 12
BedroomFirst15 x 1215.0012.0015 x 12
BalconyFirst12 x 912.009.0012 x 9
BalconyFirst12 x 912.009.0012 x 9

Listing Office: East Pass Realty Inc

Last Updated: September - 12 - 2019


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.