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506 Gulf Shore DR #UNIT 404 Destin, FL 32541
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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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