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Harrison Lilly

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

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775 Gulf Shore Dr Unit 1045 , Destin, FL 32541
$365,000
Est. Payment: $1,851.21/mo
1 Bed
1 Bath
629 Sqft
Status: active | Days on site: 129
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Investor alert! This 1BR/1BA end-unit canal-front condo with harbor access already has $30K+ on the books for 2026 and is still booking, offering immediate cash flow. Enjoy an extended waterfront deck with stunning sunrise and sunset views. Dock your boat right outside for a nominal fee with water and electric hookups. Located in a gated community, amenities include five pools, three hot tubs, a 9-hole par-3 golf course, tennis, pickleball, private beach access, and two on-site restaurants—one beachfront and one waterfront. A turnkey, proven income-producing coastal asset. =° Canal-Front Waterfront Income Producer - $30K+ Already Booked for 2026 Investor alert! This 1-bedroom, 1-bath end-unit canal-front, harbor-access condo is already delivering results with over $30,000 on the books for 2026 and still actively booking, offering immediate cash flow and strong forward revenue potential. Located in a private gated community, this prime waterfront unit sits directly on the canal with harbor access, providing the features vacationers actively seek. Guests enjoy stepping straight onto the extended deck overlooking the waterperfect for morning coffee at sunrise and breathtaking sunset views. Boating enthusiasts can dock right outside the condo for a nominal fee, complete with water and electric hookups, creating a rare and highly desirable rental advantage. Inside, modern upgrades include a tankless hot water heater for energy efficiency and long-term durability. The end-unit location enhances privacy and natural light, increasing both guest satisfaction and rental appeal. The community's extensive resort-style amenities continue to drive strong demand, offering five swimming pools, three hot tubs, a 9-hole par-3 golf course, six lighted tennis courts, pickleball courts, private beach access, and two on-site restaurantsone a casual beachfront favorite and the other a fine dining waterfront experience overlooking the harbor. With built-in 2026 revenue, direct canal frontage with harbor access, boating convenience, and a full suite of high-demand amenities, this turnkey property represents a rare opportunity to secure a proven, income-producing coastal asset that is already performing and still booking.

Highlights

Listed by Jacqueline L Riel , 313-590-1072 Coldwell Banker Realty , 850-650-4563. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

1978.94 Quarterly

Year Built

1976

County

Okaloosa

Area

14 - Destin

Neighborhood

Sandpiper Cove Ph 01

Listing ID

986869

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect, Water Heater - Tnkls
Air Cond:Ceiling Fans,Central Air,Gas
Fireplaces:
Other:
  • Additional:Washer/Dryer Hookup

Exterior Features

Lot:Canal
Others:
  • Additional:Balcony, Dock, Tennis Court
Sewer:Public Sewer
Principal Interest
$1,851
Taxes
$219
HOA
$1,979

Home Price

$365,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$73,000
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:
$1,851.21

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,851.21 $219.13 $1,978.94 $4,049.28
Yearly $22,214.53 $2,629.54 $23,747.28 $48,591.35
Total $666,436.01 $78,886.20 $712,418.40 $1,457,740.61

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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