$674,900

Inlet Reef Club Condo 506 Gulf Shore Dr Unit 319 Destin, FL 32541

Estimated payment $5,457/month

Total Views 7,632
3 Beds
2 Baths
1,600 Sq Ft
$422 Price per Sq Ft

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

Brad Taylor

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,729

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: INLET REEF CLUB CONDO
  • Directions: From Hwy 98, turn south on Gulf Shore Dr. (across from Target). Travel 1.5 miles and Inlet Reef Club is on your left.
  • Architectural Style: N/A
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 1982
  • Utilities Electric: Yes
  • Utilities:Public Sewer: 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
  • Waterview:Harbor2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Floor Tile, Floor Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Kitchen Island, Owner's Closet, Washer/Dryer Hookup, Wet Bar
  • Stories: 6
  • Window Features: Window Bay
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Wet Bar: Yes
  • Interior:Window Bay: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Harbor, Gulf
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Carport
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Carport3: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Handicap Provisions, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 3900.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-24-4575-0000-3190

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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
Source: Emerald Coast Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $368,000 New Conventional
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 974793

Emerald Coast Association of REALTORS®

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