NOT LISTED FOR SALE

500 Gulf Shore Dr Unit 405 Destin, FL 32541

Estimated Value: $827,000 - $963,284

3 Beds
3 Baths
1,630 Sq Ft
$607/mo HOA Fee

Last Sold September 04, 2020

Last sale price $700,000 $429 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,046/month

58 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Gated Community
  • Destin Elementary School Rated A-
  • Fishing
  • Main Floor Primary Bedroom

About This Home

As of September 2020

GROSS RENTAL INCOME 2019 $84,226; 2018 $76,675; Projected 2020 $40,000 5/1/20. This 3 bedroom Duplex has 2 bedrooms 2 baths on one side and 1 bedroom 1 bath on the other side. Each unit has a complete updated kitchen with stainless appliances & granite counter tops, washer/dryer and is beautifully decorated. See the pictures! You have 2 separate units but only one maintenance fee. This West end unit is perfectly situated on the South end of the building with views of the Gulf's Emerald water for miles. New Storm Doors and windows. If you are an Investor Buyer, this one can't be overlooked. Best Location in Destin nearly 800 feet of beachfront. Pool, Pavilion, Hot tub, Tennis Courts & all right on the Gulf of Mexico. It's a gated community with 24 hour security. Come BUY Today!

Last Agent to Sell the Property

Carly St. Peter

East Pass Realty Inc License #634180 Listed on: 05/13/2020

Co-Listed By

Yvonne Lazarus

East Pass Realty Inc License #3008194

Last Buyer's Agent

Carly St. Peter

East Pass Realty Inc License #634180 Listed on: 05/13/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,454

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean
  • Leasehold Lot

HOA Fees

  • $607 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,630 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Gazebo
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-1295-0000-4050

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, licenses/permits, management, utilities, security, sewer, telephone, water, cable TV, trash
  • 198 Buildings
  • 198 Units
  • Jetty East Condo Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,454

Year Built

Built in 1975

Lot Details

0

HOA Fees

$607 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EEAS
  • Co List Office Phone: 850-837-4191
  • Subdivision Name: JETTY EAST CONDO
  • Directions: Hwy 98 to Gulf Shore Drive, follow Gulf Shore Dr 1.5 miles and Jetty East will be on the left on the beach side
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 6
  • Year Built: 1975
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Energy:Storm Windows: Yes
  • Energy:Storm Doors: Yes
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Number Of Buildings: 198
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Continue Clean, Range Hood, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Furnished - All, Kitchen Island, Window Treatment All
  • Stories: 6
  • Window Features: Storm Window(s)
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling, Roof Membrane, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Shower, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Laundry, Leasehold, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1822.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, Other Utilities, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-1295-0000-4050
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 198

Tax Info

  • Tax Annual Amount: 5454.33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Sep 4, 2020
Sold by
Geehan Elizabeth A and Estate Of Douglas M Geehan
Bought by
Frederick Rentals Llc
Seller's Agent
Carly St. Peter
East Pass Realty Inc
Buyer's Agent
Carly St. Peter
East Pass Realty Inc
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$901,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,571
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Nov 5, 2019
Sold by
Okaloosa County
Bought by
Geehan Douglas
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frederick Rentals Llc $700,000 Aqua Title Services
Geehan Douglas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geehan Douglas $557,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $700,000 0.0% $429 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $700,000 +15.2% $429 / Sq Ft
06/23/2019 06/23/19 Off Market $607,500 -- --
08/29/2016 08/29/16 Sold $607,500 0.0% $373 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $607,500 -- $373 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,615 $640,000 -- $640,000
2023 $7,615 $640,000 $0 $640,000
2022 $7,252 $630,000 $0 $630,000
2021 $6,520 $525,000 $0 $525,000
2020 $6,081 $500,000 $0 $500,000
2019 $5,454 $430,000 $0 $430,000
2018 $5,977 $465,500 $0 $0
2017 $6,084 $465,500 $0 $0
2016 $4,755 $380,500 $0 $0
2015 $4,586 $346,000 $0 $0
2014 $4,046 $289,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carly St. Peter

    East Pass Realty Inc

    (850) 865-0853

    63 in this area

    67 Total Sales

    Carly St. Peter
    Section Image

  • Y

    Seller Co-Listing Agent in 2020

    Yvonne Lazarus

    East Pass Realty Inc

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 846154

Emerald Coast Association of REALTORS®

APN: 00-2S-24-1295-0000-4050

Florida Okaloosa County Destin 32541

500 Gulf Shore Dr Unit 405, Destin, FL

This home is located at 500 Gulf Shore Dr Unit 405, Destin, FL 32541 since 13 May 2020 and is currently estimated at $901,571, approximately $553 per square foot. This property was built in 1975. 500 Gulf Shore Dr Unit 405 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes