$4,511 Closing Credit¹
#965114, Carly G St Peter, Listing Office: East Pass Realty Inc
$359,900 List price
500 Gulf Shore Dr Unit 516A Destin, FL 32541
$4,274
Closing credit¹
1 bed
1 full
636 sqft
$566 / sqft
Condo
Property details
About 500 Gulf Shore Dr Unit 516A
Jetty East is a 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. Its 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 building sky light and has been completed. Unit 516A is a very light and bright unit with large tile flooring and luxury plank in the bedroom. Granite counter tops in the kitchen with a new refrigerator. Great views from the unit and balcony Gross Rental income ranges from $35000 to $45000. 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, tennis courts, pickleball, fitness room, kids activities, music entertainment, shuffleboard, covered parking, 24-hour security. Nice owners room with full kitchen for meetings or parties. Financing Note: Jetty is a Non-warrantable/ Condotel. No conventional (government backed Fannie or Freddie) financing.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size636 sqft
Year built1977
MLS #970558
ViewGulf, Bay
Summary
- MLS Number: 970558
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: East Pass Realty Inc
- Office Email: wanda@eastpass.com
- Listing Agent: Carly G St Peter
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$359,900
500 Gulf Shore Dr Unit 516A
$4,274
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 23, 2021 | Home Sold | $235,000 |
| Jun 04, 2010 | Home Sold | $140,000 |
| Jun 04, 2007 | Home Sold | $200,100 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $265,000 | $3,052 |
| 2022 | $225,000 | $2,711 |
| 2021 | $175,000 | $2,711 |
| 2020 | $175,000 | $2,173 |
| 2018 | $140,000 | $1,797 |
| 2017 | $131,000 | $1,712 |
History based on county public records data.
Nearby schools
8
Destin Elementary School
Public District PK-4
1.4 mi
•630 Kelly St
5
Elliott Point Elementary School
Public District PK-5
6.3 mi
•301 Hughes St NE
4
Shalimar Elementary School
Public District PK-5
6.4 mi
•1350 Joe Martin Cir
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $111,932. Typical income of Destin, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
0%
<35k
44%
35k-100k
25%
100k-200k
31%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
5%
Single, with Kids
36%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
20%
18-34 yrs old
56%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
College Football
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Express/Express For Men
BJs Wholesale Club
Stein Mart
Where do the neighbors go to eat?
Sonic
Panera
Cracker Barrel
What do the neighbors drive?
Kia
Infiniti
Lexus
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 500 Gulf Shore Dr Unit 516A
This home is located at 500 Gulf Shore Dr Unit 516A in Destin, FL and zip code 32541. This 636 square foot home was built in 1977. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $359,900.
Destin, FL housing market in February 2025 saw over 1 listings sold above listed price, more than 9 sold at listed price and over 38 sold below. Between January and February 2025, Destin, FL real estate market has seen increase in the number of listings by 12.2%. Listings spent 108 days on the market in February 2025, and had a median list price of $615,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.