About This Home

This 2-bedroom, 2-bathroom condo at 500 Gulf Shore Drive #115B in Destin, FL is listed for $649,900 ($631 per sqft). Built in 1977, the home offers 1,030 sqft of living space on a N/A lot.

Key Features

  • Built in 1977
  • 6 stories
  • Waterfront

Property Details

6 stories
2 full
#115B
1977

Amenities

WaterfrontA/C
Listing 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 decor 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

Monthly Cost Estimate

$6,682/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,816
Insurance$190
HOA$3,206

Estimates only. Actual payments may vary.

Location

500 Gulf Shore Drive #115B

Destin, FL 32541

JETTY EAST CONDO

Features & Amenities

Interior Features

Owner's ClosetWasher/Dryer Hookup

Exterior Features

BalconyHurricane Shutters

Property Details

Flooring

Vinyl

Construction

Concrete

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveOven Self CleaningRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 2-bedroom, 2-bathroom condo at 500 Gulf Shore Drive is listed at $649,900 ($631/sqft). The estimated monthly payment is $6,682 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $3206/month.

Key features include: Built in 1977, 6 stories, Waterfront. Interior Features: Owner's Closet, Washer/Dryer Hookup. Exterior Features: Balcony, Hurricane Shutters.

This property is listed by Carly G St Peter.

CP

Carly G St Peter

License 634180

Agent at East Pass Realty

Listed by East Pass Realty · Broker phone: (850) 837-4191 · View on Broker Site · Broker website

MLS# 967582· Source: Emerald Coast Association of Realtors· 635 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Gulf Shore Drive #115B, Destin, FL 32541

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