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Harrison Lilly

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

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500 Gulf Shore Dr Unit 516A , Destin, FL 32541
$359,900
Est. Payment: $1,825.34/mo
1 Bed
1 Bath
636 Sqft
Status: active | Days on site: 385
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

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. 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 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

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

970558

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Central Air
Fireplaces:
Floor:Floor Tile,Floor Vinyl
Other:
  • Additional:Owner's Closet, Washer/Dryer Hookup

Exterior Features

Others:
  • Additional:Balcony
Sewer:Public Sewer
Principal Interest
$1,825
Taxes
$229
HOA
$0

Home Price

$359,900

Loan Details

30 yrs
6.529%

Down Payment

20%
$71,980
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:
$1,825.34

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,825.34 $229.44 $0.00 $2,054.78
Yearly $21,904.14 $2,753.24 $0.00 $24,657.37
Total $657,124.16 $82,597.05 $0.00 $739,721.21

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:32:47.000Z

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