500 Gulf Shore Dr Unit 516A Destin, FL 32541
Estimated payment $3,175/month
Total Views
4,502
1
Bed
1
Bath
636
Sq Ft
$566
Price per Sq Ft
Highlights
- Beach
- Intracoastal View
- Main Floor Primary Bedroom
- Destin Elementary School Rated A-
- Gated Community
- Furnished
About This Home
Jetty East is a Gated 6-story midrise with under building parking located on the beautiful sugar sand beach in Destin, Fl. The location is unique as it is located on Holiday Isle (Gulf Shore Drive) which ends at Destin Harbor. It's great for biking or walking. The jetties of the east pass make a great spot to snorkel or fish from the jetties. Jetty East is one of the few condos to offer covered parking. The required Milestone Study and Structural Reserve Study were completed mid-summer. There was an assessment August 1, 2024, for replacing the building sky light and has been completed. Unit 516A is a very light and bright unit with large tile flooring and luxury plank in the bedroom. Granite counter tops in the kitchen with a new refrigerator. Great views from the unit and balcony Gross Rental income ranges from $35000 to $45000.
The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. Approximately $20,000 value. Begin and end each day enjoying spectacular morning views of the Gulf of Mexico. Enjoy evening sunsets and seasonal fireworks from the beach. Great location for shopping, grocery stores (New Publix) and restaurants. Jetty East Amenities: 900 feet of beach, 2400 sq. ft. pool with sun deck, hot tub, beach side pavilion with charcoal grills, tennis courts, pickleball, fitness room, kids' activities, music entertainment, shuffleboard, covered parking, 24-hour security. Nice owners room with full kitchen for meetings or parties. Financing Note: Jetty is a Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,053
Year Built
- Built in 1977
HOA Fees
- $975 Monthly HOA Fees
Property Views
- Intracoastal
- Bay
- Gulf
Home Design
- Membrane Roofing
- Concrete Siding
- Piling Construction
Interior Spaces
- 636 Sq Ft Home
- Furnished
- Entrance Foyer
- Living Room
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 002s2412950000516a
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, management, security, sewer, water, cable TV, trash
- Jetty East Condo Subdivision
Amenities
- Community Barbecue Grill
- Community Pavilion
- Recreation Room
- Elevator
Recreation
- Beach
- Tennis Courts
- Community Pool
- Community Whirlpool Spa
Pet Policy
- Pets Allowed
Security
- Gated Community
- Fire Sprinkler System
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,053 | $300,000 | -- | $300,000 |
| 2023 | $3,053 | $265,000 | $0 | $265,000 |
| 2022 | $2,711 | $225,000 | $0 | $225,000 |
| 2021 | $2,173 | $175,000 | $0 | $175,000 |
| 2020 | $2,125 | $175,000 | $0 | $175,000 |
| 2019 | $1,903 | $150,000 | $0 | $150,000 |
| 2018 | $1,798 | $140,000 | $0 | $0 |
| 2017 | $1,712 | $131,000 | $0 | $0 |
| 2016 | $1,650 | $131,000 | $0 | $0 |
| 2015 | $1,687 | $117,000 | $0 | $0 |
| 2014 | $1,549 | $104,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2025 03/08/25 | For Sale | $359,900 | +53.1% | $566 / Sq Ft |
| 03/19/2021 03/19/21 | Sold | $235,000 | 0.0% | $374 / Sq Ft |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/16/2021 01/16/21 | For Sale | $235,000 | -- | $374 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | Mcneese Title Llc | |
| Warranty Deed | $140,000 | Attorney | |
| Warranty Deed | $200,000 | Associated Land Title Group | |
| Quit Claim Deed | -- | Associated Land Title Group |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,250 | New Conventional | |
| Previous Owner | $160,813 | Purchase Money Mortgage | |
| Previous Owner | $239,200 | Unknown | |
| Previous Owner | $124,000 | Unknown |
Source: Public Records
Similar Homes in Destin, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 970558
APN: 00-2S-24-1295-0000-516A
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