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Harrison Lilly Team

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

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775 Gulf Shore Dr Unit 8250 , Destin, FL 32541
$285,000
Est. Payment: $1,574.58/mo
1 Bath
470 Sqft
Status: Active | Days on site: 429
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EGCL - E25894
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Harrison Lilly Team
Owner/Operator

House Description

Turnkey vacation retreat with proven rental income! **Bring Offers-Under contract with a KICKOUT CLAUSE***This property generated over $27k in gross rental income in 2025, with more than $11,000 already paid as of May 26, 2026 and an additional $11,000 in future bookings. With immediate income potential and strong forward bookings, this is the perfect investment opportunity! Act quickly if you're interested in this charming, updated studio condo. It is beautifully decorated which is why it generates great rental income. Located next to the pool and just a 2-minute walk to the beach, this condo features stainless steel appliances, energy-efficient windows, hurricane-rated sliding doors, and a renovated bathroom with a walk-in shower. Additional upgrades include shiplap accents, a new HVAC system, and quartz countertops. The property, SPC, is a resort-style facility occupying 43 acres in the heart of downtown Destin. Notable on-site amenities include 1,100 feet of deeded beachfront access, five pools, six tennis courts, pickleball, bocce ball, shuffleboard, canal boat docking, marina slips (by reservation and subject to availability), and a popular nine-hole par-3 pitch-and-putt golf course. Make your appointment today for a private showing!

Highlights

Listed by Nichole P Causton , 850-714-7600 Go Coastal Realty LLC , 850-714-7600. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1986

County

Okaloosa

Area

14 - Destin

Neighborhood

Sandpiper Cove Ph 13

Listing ID

976253

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
Air Cond:Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • ▪ Additional:Breakfast Bar, Owner's Closet

Exterior Features

Others:
  • ▪ Additional:Balcony
Sewer:Public Sewer
Principal Interest
$1,575
Taxes
$185
HOA
$0

Home Price

$285,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$57,000
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:
$1,574.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,574.58 $184.76 $0.00 $1,759.34
Yearly $18,895.01 $2,217.12 $0.00 $21,112.13
Total $566,850.22 $66,513.60 $0.00 $633,363.82

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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