$8,253 Closing Credit¹
#973629, G Doss Fowler, Listing Office: Aquatic Resort Properties Inc
$735,000 List price
506 Gulf Shore Dr Unit 107 Destin, FL 32541
$8,728
Closing credit¹
2 beds
2 full
1,362 sqft
$540 / sqft
Condo
Property details
About 506 Gulf Shore Dr Unit 107
Discover true beachfront living in this charming 1st floor condo with fantastic Gulf views! Although it is on the first floor, the elevation above the parking area ensures unobstructed views of the Gulf! No need to take the elevator when youre steps from the sand and pool! Theres an opportunity to enhance the unit by converting the breakfast nook into a charming bunk room, as seen in other units. By purchasing this two-bedroom condo and creating an additional bedroom, you can significantly increase its value! Enjoy a spacious open floor plan that flows into an outdoor terrace, perfect for enjoying your morning coffee and cocktails at sunset. Upgrades in 2024 include new carpet in bedrooms, new A/C, new Stainless steel appliances, and washer and dryer. Premium amenities at Inlet Reef Cl lub include a large gulf-front pool, beach chair service, lighted pickleball & tennis courts, shuffleboard, full gym, covered owners parking, guest parking, and owners storage closet for all your beach items. This serene beach retreat would make a great permanent residence, second home or a fully furnished turnkey rental investment! This property is a must-see, offering everything you desire in a coastal getaway!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,362 sqft
Year built1982
MLS #972597
WaterfrontGulf
ViewGulf
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
- Interior: Breakfast Bar, Recessed Lighting, Owners Closet, Wallpaper, Mirrored Walls, Washer/Dryer Hookups
- Total Bedroom Count: 2
- Private Pool: No
- Waterfront: Gulf
- View: Gulf
- Exterior: Balcony
- Architectural Style: N/A
- Heating: Central
- Cooling: Central Air
- List Price: $735,000
- Price/SqFt: $539
- HOA Amount: $3400 Quarterly
- Annual Tax Amount: $6,458
- Tax Year: 2023
- Directions: Turn South off HWY 98 onto Gulf Shore Dr., Inlet Reef is a gated community on the left, about 1.5 miles on Gulf side.
- Year Built: 1982
- Living Area: 1,362 SqFt
- MLS Number: 972597
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Compass
- Office Email: brokerfl@compass.com
- Listing Agent: Cassandra L DeJulio
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: 5/22/2025, 11:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$735,000
506 Gulf Shore Dr Unit 107
$8,728
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $575,000 | $6,458 |
| 2022 | $465,000 | $5,603 |
| 2021 | $465,000 | $5,603 |
| 2020 | $450,000 | $5,774 |
| 2018 | $355,000 | $4,558 |
| 2017 | $350,500 | $4,576 |
History based on county public records data.
Nearby schools
8
Destin Elementary School
Public District PK-4
1.3 mi
•630 Kelly St
5
Elliott Point Elementary School
Public District PK-5
6.4 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. Residents of Destin, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living 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
Similar homes for sale
$8,301 Closing Credit¹
#969305, Jacqueline L Riel, Listing Office: Coldwell Banker Realty
$9,251 Closing Credit¹
#969866, Jacqueline L Riel, Listing Office: Coldwell Banker Realty
$7,778 Closing Credit¹
#974875, Erin A Treadwell, Listing Office: Mainsail Realty Company
$8,431 Closing Credit¹
#973362, Wendy M Thomas, Listing Office: Keller Williams Realty FWB
$8,063 Closing Credit¹
#975457, John C Baldree, Listing Office: Mainsail Realty Company
$6,947 Closing Credit¹
#962333, Kimberly D McCall, Listing Office: Compass
5 days on Rocket
$7,422 Closing Credit¹
#976554, John C Baldree, Listing Office: Mainsail Realty Company
$7,931 Closing Credit¹
#952713, Sean T Lynch, Listing Office: Legendary Realty LLC
$9,975 Closing Credit¹
#967014, Alicelyn W Hudson, Listing Office: The Real Estate Market Inc
Frequently asked questions
About 506 Gulf Shore Dr Unit 107
The listing price of 506 Gulf Shore Dr Unit 107 property is $735,000.
The property 506 Gulf Shore Dr Unit 107 is a condo located in Destin, Florida, 32541.
Active Listing: 506 Gulf Shore Dr Unit 107 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 506 Gulf Shore Dr Unit 107 are: Destin Elementary School (GreatSchools Rating 8/10), Elliott Point Elementary School (GreatSchools Rating 5/10), Shalimar Elementary School (GreatSchools Rating 4/10), Destin Middle School (GreatSchools Rating 8/10), Northwest Florida Ballet Academie (GreatSchools Rating 10/10), Meigs Middle School (GreatSchools Rating 5/10), Choctawhatchee High School (GreatSchools Rating 4/10), Fort Walton Beach High School (GreatSchools Rating 5/10), Okaloosa Technical College and Choice High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,458 (source: MLS/based on county public records data).
The property at 506 Gulf Shore Dr Unit 107 has 2 bedrooms and 2 bathrooms.
The property 506 Gulf Shore Dr Unit 107 is 1,362 SqFt (source: MLS/tax record).
The year of construction for 506 Gulf Shore Dr Unit 107 is 1982.
This home is located at 506 Gulf Shore Dr Unit 107 in Destin, FL and zip code 32541. This 1,362 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $735,000.
While more than 1 listings in Destin, FL in April 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 45 were sold below. The number of homes for sale in Destin, FL increased by 9% between March and April 2025. While the average time on the market in April 2025 was 113 days, the median list price was $615,000.
From Rocket Homes Real Estate and based on county public records data.