500 Gulf Shore Drive, Destin, FL 32541

$1,000,000

3BR/3BA GULF FRONT DUPLEX at Jetty East. Amazing Views! Only 10 duplexes on the Gulf Side of Jetty East. Duplex Advantages: 1. Income from 2 units 2. one association fee. ($11,704 annual savings) This 3-bedroom Duplex features 2BR 2BA and 1BR 1BA . Unit 211A&B is… Read More centrally located to the pool with amazing views. The 2BR features an updated kitchen with granite counter tops, updated cabinets, tiled back splash and stainless-steel appliances. The kitchen features a little more storage than most. A new refrigerator is on order. There is tile flooring in the living room, kitchen, foyer and bathroom with plank flooring in the bedroom. AC was replaced in 2021; Hot water heater is newer. The 1BR features an updated kitchen with granite counter tops, updated cabinets, tiled back splash, stainless steel appliances and an open kitchen layout. There is tile flooring in the living room, kitchen, foyer and bathroom with plank flooring in the bedroom. Newer AC. The rental income for 2023 total of $85,873 (1/1 $34,122 and 2/2 $51,775) 2024 total of $71,295 (1/1 $26,600 and 2/2 $44,693). 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 Destin Harbor. It's great for biking or walking. 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. The required Milestone Study and Structural Reserve Study were completed mid-summer. There was an assessment August 1, 2024, for replacing the sky lights and the work has been completed. Beautiful views of the East Pass, Crab Island and the Jetties. Tile flooring, solid doors and tall bathroom vanity finish off this bright, light and inviting condo on the beach. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. Approximately $45,000 value. Begin and end each day enjoying spectacular morning views. 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, tennis courts, pickleball, fitness room, kids' activities, music entertainment, shuffleboard, covered parking, 24-hour security. Lovely owners room with full kitchen for meetings or parties. Financing Note: Short Term Condos are considered Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing. Read Less

Courtesy of Carly G St Peter, East Pass Realty Inc, 850-865-0853

Listing Snapshot

Days Online

Last Updated

May 4, 2025

Beds

Square Ft.

1,668

Year Built

1977

MLS Number

974763

30 Days Snapshot Of 32541

$606k

-2%

(avg) sold price

+33%

homes sold

148

-12%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Architectural style: "N/A", Total area: 1,668, Built in 1977

Cooling

"Central Air"

Exterior Features

"Balcony", "BBQ Pit/Grill", "Hot Tub", "Pavillion/Gazebo", "Shower", "Tennis Court"

Heating

"Central"

Interior Features

"Breakfast Bar", "Lock Out", "Owner's Closet", "Pantry"

Property

View: "Gulf", "Gulf"

Taxes

Annual amount: $7,582

Windows

"Plantation Shutters", "Window Treatment All", "Storm Windows"

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500 Gulf Shore Drive

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