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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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500 Gulf Shore Dr Unit 115B , Destin, FL 32541
$649,900
Est. Payment: $3,590.60/mo
2 Bed
2 Bath
1030 Sqft
Status: Active | Days on site: 576
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Harrison Lilly Team
Owner/Operator

House Description

Gulf front 2-bedroom 2 bath condo. The upgrades have paid off in its 1st year on the rental program. 2023 Gross Rental income of $54,000 2023 upgrades: all new stainless appliances, new furniture, new mattresses, new décor and rugs 2024 New luxury plank flooring, new double vanity counter tops in the master bathroom, new countertop, cute backsplash and new sink in the kitchen. New sink and countertop in guest bath, new faucets and patio furniture. Custom Shutters NEW AC & HOT WATER HEATER 2025 115B is located on the 1st floor, which is above the covered parking garage, allowing for great views. Centrally located to the elevator or stairs. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. (Roughly $30,000) . 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. Milestone Inspection and Structural Studies competed August 1, 2024 special assessment to replace building ski lights ($11,616) has been paid work will be completed 2/20/25

Highlights

Listed by Carly G St Peter , 850-865-0853 East Pass Realty Inc , 850-837-4191. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1977

County

Okaloosa

Area

14 - Destin

Neighborhood

Jetty East Condo

Listing ID

967582

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Central Air
Fireplaces:
Floor:Floor Vinyl
Other:
  • ▪ Additional:Owner's Closet, Washer/Dryer Hookup

Exterior Features

Lot:Gulf
Others:
  • ▪ Additional:Balcony, Hurricane Shutters
Sewer:Public Sewer
Principal Interest
$3,591
Taxes
$288
HOA
$0

Home Price

$649,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$129,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,590.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,590.60 $287.97 $0.00 $3,878.57
Yearly $43,087.25 $3,455.59 $0.00 $46,542.84
Total $1,292,617.40 $103,667.70 $0.00 $1,396,285.10

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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