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Aaron Thompson

aaron.thompson@engelvoelkers.com +1(423) 413-8387

$ 440,000

Est. payment -/mo

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Active

500 Gulf Shore DR #UNIT 507A Destin, FL 32541

1 Bed

1 Bath

636 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 636 sqft

Price per Sqft $691

Subdivision Jetty East Condo

MLS Listing ID 998602

Bedrooms 1

Full Baths 1

HOA Fees $3,206/qua

HOA Y/N Yes

Year Built 1977

Annual Tax Amount $3,789

Tax Year 2025

Property Sub-Type Condominium

Source Emerald Coast Association of REALTORS®

Land Area 636

Property Description

Jetty East is a Gulf front 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 the New Norriego Point Park. Gulf Shore drive has a bike or walking path. 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. Enjoy Gorgeous Views of the Gulf of Mexico, Destin/East Pass and expansive views toward Fort Walton. Unit 507A is 1 of 6 - one-bedroom units on the Gulf facing east side of Jetty East. Huge Value in this unit's location. Gorgeous Views of the pool and Gulf. Gross rental income '23 $42,676 24' $41,437 25' $42,137 Rents are typically higher in this location. No winter rental income. The kitchen/living room is open and spacious. Kitchen feature stainless steel appliances, tiled back splash and granite counter tops with small built-in desk. The bathroom features tall cabinets and tiled floors. 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, 3 beach accesses, tennis courts, pickleball, fitness room, kids' activities, music entertainment, shuffleboard, covered parking, 24-hour security. Remodeled owners' room with full kitchen for meetings or parties. The required Milestone Study and Structural Reserve Study were completed mid-summer 2025. Financing Note: 98% of STR condos are Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing.

Location

State FL

County Okaloosa

Community Short Term Rental - Allowed, Pickle Ball, Bbq Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, Waterfront, Whirlpool

Area 14 - Destin

Direction Hwy 98 to Gulf Shore Drive(Holiday Isle) Jetty East is on the beach side just after Inlet Reef

Rooms

Primary Bedroom Level Main

Master Bedroom true

Interior

Interior Features Owner's Closet, Washer/Dryer Hookup

Heating Central

Cooling Central Air

Flooring Floor Tile

Furnishings Furnished - All

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect

Exterior

Exterior Feature Balcony, Balcony

Parking Features Covered

Pool Pool Type

Community Features Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, Waterfront, Whirlpool

Utilities Available Electric, Public Water, TV Cable

Waterfront Description Gulf

View Gulf

Roof Type Membrane

Accessibility 198

Garage No

Building

Faces Hwy 98 to Gulf Shore Drive(Holiday Isle) Jetty East is on the beach side just after Inlet Reef

Foundation Foundation On Piling

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Destin

Middle Schools Destin

High Schools Fort Walton Beach

Others

Pets Allowed No

HOA Fee Include Accounting, Ground Keeping, Insurance, Internet Service, Management, Sewer, TV Cable, Trash, Water

Tax ID 00-2S-24-1295-0000-507A

Miscellaneous Jetty East is a Gulf front 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 the New Norriego Point Park. Gulf Shore drive has a bike or walking path. 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. Enjoy Gorgeous Views of the Gulf of Mexico, Destin/East Pass and expansive views toward Fort Walton. Unit 507A is 1 of 6 - one-bedroom units on the Gulf facing east side of Jetty East. Huge Value in this unit's location. Gorgeous Views of the pool and Gulf. Gross rental income '23 $42,676 24' $41,437 25' $42,137 Rents are typically higher in

Security Features Fire Alarm/Sprinkler

Listed by Carly G St Peter East Pass Realty Inc

NEARBY SCHOOLS & PROPERTIES

Aaron Thompson

Advisor | License ID: SL3519273

+1(423) 413-8387

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