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Proudly Licensed with Navarre Beach Realty, Inc

705 Gulf Shore Drive, UNIT 101, Destin, FL 32541

$540,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,203 Status: Active
Current Price: $540,000 List Date: 12/18/2023 Last Modified: 4/03/2024

Description

Welcome to 705 Gulf Shore Drive, Unit 101 in Destin, a promising investment with similar units in the community reaching $57,000 in annual rental income. This inviting unit offers a comfortable interior, ideal for personal enjoyment and appealing to renters. It boasts access to a community dock, perfect for boating enthusiasts. Situated in a desirable location, this property balances the charm of a beachside retreat with the practicality of a profitable rental, making it an attractive choice for homeowners and investors alike.

More Information MLS# 938542

Status Change Info

Status: Active

Contract Info

List Date: 2023-12-18 Current Price: $540,000 List Price: $540,000 List Price/SqFt: 448.88 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 14 - Destin Street #: 705 Street Name: Gulf Shore Street Suffix: Drive Unit #: UNIT 101 State: FL Zip Code: 32541 County: Okaloosa Sub Area: 1401 - Destin Beach West Project Name/Subdivision: DESTIN SANDS CONDO Parcel ID: 00-2S-22-0639-0000-1010 Elementary School: Destin Middle School: Destin High School: Destin Legal Description: DESTIN SANDS CONDO APT 101

General Property Info

Sub-Type: Condominium Design: N/A Apx SqFt(Htd/Cooled): 1203 SqFt Source: Appraiser Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 Stories In Unit: 1 Unit Floors Above Ground: 1 Year Built: 1981 Garage: No Carport: No Pool: No Pool Type: None

Listing Info, Tax & Legal

Assessment Fees: Yes Assessment Amount: 1683 Annual Assessment Amount: 6732 Assessment Paid: Quarterly Is Subject Leased: No New Buyer Fee: No New Buyer Fee Amt: 250 Last Taxes: 4642.58 Last Tax Year: 2022 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Welcome to 705 Gulf Shore Drive, Unit 101 in Destin, a promising investment with similar units in the community reaching $57,000 in annual rental income. This inviting unit offers a comfortable interior, ideal for personal enjoyment and appealing to renters. It boasts access to a community dock, perfect for boating enthusiasts. Situated in a desirable location, this property balances the charm of a beachside retreat with the practicality of a profitable rental, making it an attractive choice for homeowners and investors alike.

Office/Member Info

Single Agent Comp: 3 Single Agent Comp Type: % Trans Broker Comp: 3 Trans Broker Comp Type: % Non-Rep Comp: 1 Non-Rep Comp Type: %

Property Features

Construction Status: Construction Complete Utilities: Public Water Energy: AC - High Efficiency Bedroom: First Rooms: Bedroom

Room Information

Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0
Listing Office: Dream Destin Realty PLLC
Last Updated: April - 03 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.