506 Gulf Shore DR #UNIT 404, Destin, FL 32541
506 Gulf Shore DR #UNIT 404, Destin, FL 32541
506 Gulf Shore DR #UNIT 404, Destin, FL 32541
52
$915,000
$924,990
1.1%
Est.Price: ?

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2 BD
2 BA
1,362 SqFt

506 Gulf Shore DR #UNIT 404 Destin, FL 32541

Est. payment /mo
SOLD DATE : 03/01/2024

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Key Details

Sold Price $915,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,362 sqft

Price per Sqft $671

Subdivision Inlet Reef Club Condo

MLS Listing ID 937227

Bedrooms 2

Full Baths 2

HOA Fees $1,153/qua

Year Built 1982

Annual Tax Amount $3,710

Tax Year 2022

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Okaloosa

Community Bbq Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Pets Allowed, Pool, Sauna/Steam Room, Separate Storage, Tv Cable, Waterfront, Whirlpool

Area 14 - Destin

Rooms

Kitchen true

Exterior

Exterior Feature Balcony, Balcony

Parking Features Garage, Covered, See Remarks

Pool Pool Type

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

Utilities Available Community Water, Electric, Public Sewer, Public Water, TV Cable

Waterfront Description Gulf

Building

New Construction No

Schools

Elementary Schools Destin

Middle Schools Destin

High Schools Destin

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 Emerald Coast MLS - IDX
Listed by Paige A Brown Coldwell Banker Realty

NEARBY SCHOOLS & BUSINESSES

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Brian Burgett

Brian Burgett

Broker | License ID: e30470

+1(515) 473-0962

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