Inlet Reef Club Condo 506 Gulf Shore Dr Unit 107 Destin, FL 32541
Estimated payment $5,445/month
Highlights
- Beach
- Property fronts gulf or ocean
- Gated Community
- Destin Elementary School Rated A-
- Deeded access to the beach
- Main Floor Primary Bedroom
About This Home
Discover true beachfront living in this charming 1st floor condo with fantastic Gulf views! Although it is on the first floor, the elevation above the parking area ensures unobstructed views of the Gulf! No need to take the elevator when you're steps from the sand and pool! There's an opportunity to enhance the unit by converting the breakfast nook into a charming bunk room, as seen in other units. By purchasing this two-bedroom condo and creating an additional bedroom, you can significantly increase its value! Enjoy a spacious open floor plan that flows into an outdoor terrace, perfect for enjoying your morning coffee and cocktails at sunset. Upgrades in 2024 include new carpet in bedrooms, new A/C, new Stainless steel appliances, and washer and dryer. Premium amenities at Inlet Reef Cl lub include a large gulf-front pool, beach chair service, lighted pickleball & tennis courts, shuffleboard, full gym, covered owners parking, guest parking, and owner's storage closet for all your beach items. This serene beach retreat would make a great permanent residence, second home or a fully furnished turnkey rental investment! This property is a must-see, offering everything you desire in a coastal getaway!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,979
Year Built
- Built in 1982
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $1,133 Monthly HOA Fees
Parking
- 1 Covered Space
Home Design
- Mirrored Walls
- Wallpaper
- Concrete Roof
- Concrete Siding
- Steel Siding
- Stucco
Interior Spaces
- 1,362 Sq Ft Home
- Furnished
- Recessed Lighting
- Window Treatments
- Living Room
- Breakfast Room
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Dressing Area
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-24-4575-0000-1070
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, licenses/permits, management, master, recreational faclty, security, sewer, water, cable TV, trash
- Inlet Reef Club Condo Subdivision
- 7-Story Property
Amenities
- Community Barbecue Grill
- Sauna
- Recreation Room
- Laundry Facilities
- Elevator
Recreation
- Beach
- Community Whirlpool Spa
Pet Policy
- Pets Allowed
Security
- Gated Community
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Inlet Reef Club Condo
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 | $6,458 | $675,000 | -- | $675,000 |
| 2023 | $6,458 | $575,000 | $0 | $575,000 |
| 2022 | $5,604 | $465,000 | $0 | $465,000 |
| 2021 | $5,774 | $465,000 | $0 | $465,000 |
| 2020 | $5,498 | $450,000 | $0 | $450,000 |
| 2019 | $5,198 | $430,000 | $0 | $430,000 |
| 2018 | $4,558 | $355,000 | $0 | $0 |
| 2017 | $4,576 | $350,500 | $0 | $0 |
| 2016 | $4,131 | $318,000 | $0 | $0 |
| 2015 | $4,181 | $303,000 | $0 | $0 |
| 2014 | $4,163 | $298,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Price Changed | $700,000 | -4.8% | $514 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $735,000 | -- | $540 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Advance Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,400 | New Conventional | |
| Closed | $248,000 | Unknown |
Source: Emerald Coast Association of REALTORS®
MLS Number: 972597
APN: 00-2S-24-4575-0000-1070
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