Inlet Reef Club Condo 506 Gulf Shore Dr Unit 319 Destin, FL 32541
Estimated payment $5,457/month
Highlights
- Beach
- Fishing
- Gated Community
- Destin Elementary School Rated A-
- Gulf View
- Main Floor Primary Bedroom
About This Home
*bring any and all offers* This is a can't miss opportunity on Large 3-bedroom Corner unit. The building has passed Milestone and structural integrity reporting. The owners have voted to replace all windows and reface the balcony to update this already beautiful building. The sellers are willing to pay all assessments that have been levied at closing so the next buyer of this beautiful condo will benefit from the building updates.
This is coastal luxury! This stunning 3-bedroom, 2-bath Gulf-front corner unit offers 6 Soon to be new widows. Due to corner location this is one of 6 units allowing the natural light from Crab Island and showcasing incredible sunsets daily.
Inside, you'll find the largest 3-bedroom layout in the building—plenty of room for family, maximizing rental income The open-concept living and dining area is perfect for entertaining, while the spacious bedrooms offer a private retreat after a day at the beach. Both full bathrooms are tastefully updated, blending modern finishes with a relaxed, beachy vibe. This unit comes fully furnished.
Whether you're searching for a dream 2nd home or a top-performing rental property, this rare corner unit delivers the best of both worlds- Unit has produced top rental revenues in 2025!
Listing Agent
Pensacola Beach Properties Real Estate Sales License #3549583 Listed on: 04/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,729
Year Built
- Built in 1982
HOA Fees
- $1,300 Monthly HOA Fees
Property Views
Home Design
- Concrete Siding
- Steel Siding
- Stucco
Interior Spaces
- 1,600 Sq Ft Home
- Wet Bar
- Crown Molding
- Ceiling Fan
- Bay Window
- Living Room
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Self-Cleaning Oven
- Induction Cooktop
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
Parking
- Garage
- Carport
Outdoor Features
- Balcony
- Built-In Barbecue
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-24-4575-0000-3190
Community Details
Overview
- Inlet Reef Club Condo Subdivision
- Handicap Modified Features In Community
- 6-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
- Elevator
Recreation
- Beach
- Fishing
Security
- Gated Community
- Fire and Smoke Detector
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 | $6,729 | $694,000 | -- | $694,000 |
2023 | $6,729 | $694,000 | $0 | $694,000 |
2022 | $6,032 | $604,000 | $0 | $604,000 |
2021 | $4,644 | $374,000 | $0 | $374,000 |
2020 | $4,429 | $354,000 | $0 | $354,000 |
2019 | $4,110 | $324,000 | $0 | $324,000 |
2018 | $3,904 | $304,000 | $0 | $0 |
2017 | $3,868 | $296,000 | $0 | $0 |
2016 | $3,598 | $277,000 | $0 | $0 |
2015 | $3,664 | $264,000 | $0 | $0 |
2014 | $3,640 | $259,000 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/29/2025 08/29/25 | Price Changed | $674,900 | -0.7% | $422 / Sq Ft |
08/22/2025 08/22/25 | Price Changed | $679,900 | -0.4% | $425 / Sq Ft |
08/16/2025 08/16/25 | Price Changed | $682,500 | -0.4% | $427 / Sq Ft |
08/08/2025 08/08/25 | Price Changed | $684,999 | -0.6% | $428 / Sq Ft |
07/25/2025 07/25/25 | Price Changed | $689,000 | -0.8% | $431 / Sq Ft |
07/18/2025 07/18/25 | Price Changed | $694,700 | 0.0% | $434 / Sq Ft |
07/03/2025 07/03/25 | Price Changed | $695,000 | -0.4% | $434 / Sq Ft |
06/14/2025 06/14/25 | Price Changed | $698,000 | -0.1% | $436 / Sq Ft |
06/07/2025 06/07/25 | Price Changed | $699,000 | -6.2% | $437 / Sq Ft |
05/24/2025 05/24/25 | Price Changed | $744,900 | -0.6% | $466 / Sq Ft |
04/25/2025 04/25/25 | For Sale | $749,700 | +63.0% | $469 / Sq Ft |
03/27/2022 03/27/22 | Off Market | $460,000 | -- | -- |
05/31/2019 05/31/19 | Sold | $460,000 | 0.0% | $286 / Sq Ft |
04/11/2019 04/11/19 | Pending | -- | -- | -- |
10/30/2018 10/30/18 | For Sale | $460,000 | -- | $286 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $368,000 | New Conventional |
Source: Emerald Coast Association of REALTORS®
MLS Number: 974793

APN: 00-2S-24-4575-0000-3190
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