NOT LISTED FOR SALE

Inlet Reef Club Condo 506 Gulf Shore Dr Unit 608 Destin, FL 32541

Estimated Value: $769,000 - $888,770

3 Beds
2 Baths
1,600 Sq Ft
$529/mo HOA Fee

Last Sold March 15, 2013

Last sale price $510,000 $319 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,583/month

135 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Sauna
  • Destin Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of March 2013

A top-floor 3-bedroom in the beachfront wing of the Inlet Reef building ... Inlet Reef Club is a highly regarded beachfront condominium building which has covered parking and a heated pool (and hot tub) and a spacious interior design of all units. Note the way the innovative hex-shaped balcony ''works'' -- stand or sit forward to enjoy a panoramic east-to-west view, or sit back and enjoy your privacy (and there's still plenty of gulf out there). And the shape of the balcony provides ''depth'' that affords outdoor dining. (And on the 7th floor level you are above the ordinary range of the insect biosphere.) Note the beachfront window-pair in the living room -- looking straight out to the beach and the gulf without having to look over the balcony. This unit has upgrades including its updated kitchen with granite countertop and granite countertops in baths. New ceiling fans. Note the crown molding. Custom built-in shelving. Four flat-screen TVs. New washer and dryer. Breakfast room at back of kitchen, next to laundry area, with angled window to beachfront. (See breakfast room beach view photo.) A not-insignificant convenience: the trash chute is 20 feet from your door. Inlet Reef Club is a popular vacation rental building with lots of established repeat business, and this condo has been a popular vacation rental unit. Your real estate agent will need to call the rental management desk to learn when it can be shown. * * *

Last Agent to Sell the Property

G Doss Fowler

Aquatic Resort Properties Inc License #601719 Listed on: 10/01/2012

Last Buyer's Agent

Marie Hill

Jetty East Condominium Association Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,006

Year Built

  • Built in 1983

Lot Details

  • 6

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dressing Area
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-4575-0000-6080

Community Details

Overview

  • Association fees include ground keeping, management, water, cable TV, trash
  • Inlet Reef Club Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Elevator

Recreation

  • Beach

Security

  • Gated Community
  • Building Fire Alarm
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,006

Year Built

Built in 1983

Lot Details

0

HOA Fees

$529 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: INLET REEF CLUB CONDO
  • Directions: Beachfront on the Holiday Isle peninsula (which forms Destin Harbor): From Highway 98 in Destin turn south on Gulf Shore Drive (2 miles east of Destin Bridge, 3 miles west of Mid-Bay Bridge Road ... T
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1983
  • Utilities Electric: Yes
  • 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
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Storm Windows: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Recessed, Washer/Dryer Hookup
  • Stories: 7
  • Window Features: Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Covered
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Exercise Room, Gated Community, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1587.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-4575-0000-6080
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Landry Carroll John and Landry Mary Pizzolato
Bought by
Landry Carroll John and Landry Mary Pizzolato
Current Estimated Value
$830,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$218,218
Interest Rate
2.15%
Mortgage Type
New Conventional
Estimated Equity
$662,120

Purchase Details

Closed on
Apr 26, 2005
Sold by
Dyer Nita H
Bought by
Dyer Investment Co Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Landry Carroll John -- Coastal Land Title Llc
Dyer Investment Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landry Carroll John $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $510,000 -- --
03/15/2013 03/15/13 Sold $510,000 0.0% $319 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $510,000 -- $319 / 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 $8,006 $690,000 -- $690,000
2023 $8,006 $690,000 $0 $690,000
2022 $7,192 $600,000 $0 $600,000
2021 $6,706 $540,000 $0 $540,000
2020 $6,750 $540,000 $0 $540,000
2019 $6,215 $490,000 $0 $490,000
2018 $6,228 $485,000 $0 $0
2017 $5,992 $458,500 $0 $0
2016 $5,670 $436,500 $0 $0
2015 $5,678 $416,000 $0 $0
2014 $5,665 $410,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    G Doss Fowler

    Aquatic Resort Properties Inc

    (850) 376-8700

    16 in this area

    17 Total Sales

    G Doss Fowler
    Section Image

  • M

    Buyer's Agent in 2013

    Marie Hill

    Jetty East Condominium Association Inc

  • M

    Buyer's Agent in 2013

    Marie Tommasone

    Costa Vita Properties LLC

    Section Image
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About Inlet Reef Club Condo

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 584747

Emerald Coast Association of REALTORS®

APN: 00-2S-24-4575-0000-6080

Florida Okaloosa County Destin 32541

506 Gulf Shore Dr Unit 608, Destin, FL

This home is located at 506 Gulf Shore Dr Unit 608, Destin, FL 32541 since 01 October 2012 and is currently estimated at $830,693, approximately $519 per square foot. This property was built in 1983. 506 Gulf Shore Dr Unit 608 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.

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