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Sold

506 Gulf Shore Drive, UNIT 404

506 Gulf Shore Drive, UNIT 404, Destin, FL 32541

$915,000
Inlet Reef on Holiday Isle, Destin, experience the luxury and lifestyle of coastal living in this highly sought-after Gulf Front Condo. The unparalleled views and direct access to the balcony from both the living area and the master bedroom, offer the perfect vantage point to enjoy the sunsets.

The custom kitchen, designed for culinary enthusiasts, features custom cabinetry, new appliances, elegant granite counters, and recessed lighting. The master bath has been thoughtfully renovated with quartz counters, double sinks, a seated vanity, a spacious tile shower, and a custom closet complete with a built-in shoe rack. The guest room, with its generous closet, provides a tranquil space for relaxation. An added convenience is a full size in-unit washer and dryer. The condo is also equipped with a Halo water detection system, Impact Sliders and storm shutters for added peace of mind. Recent upgrades, including a completely replaced HVAC system in 2021 and a new Water Heater in 2020.

Inlet Reef's amenities include a large gulf-front pool, lighted tennis courts, pickle ball courts, and a state-of-the-art workout facility. Owners enjoy garage parking on a first-come, first-serve basis, and owners pets are welcome. This unit is not only a luxurious residence but also an income-producing opportunity, thanks to its prime location. Units in Inlet Reef have demonstrated impressive gross rental income ranging from $68,000 to $117,000, depending on occupancy. Additionally, for the upcoming season, enjoy the added convenience of beach chair service. Don't miss this rare opportunity to own a piece of coastal paradise with luxurious living and impressive rental potential. Schedule your showing today.

2
beds

2
baths

1,362 Sq.Ft. LIVING AREA

Linda  Lee

Linda Lee

Features & Amenities

Interior

  • total bedrooms2
  • Total bathrooms2
  • full bathrooms2
  • APPLIANCES Dishwasher, Dryer, Microwave, Refrigerator W/Ice Mk, Stove/Oven Electric, Washer
  • other interior Features Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - None, Lighting Recessed, Newly Painted, Owners Closet, Pantry, Renovated, Washer/Dryer Hookup

Area & Lot

  • Status Sold
  • Living Area1,362 Sq.Ft.
  • Total Area1,362 Sq.Ft.
  • MLS® ID937227
  • TypeCondo
  • YEAR BUILT1982
  • Architecture StylesN/A
  • Water FrontageGulf
  • Elementary SchoolDestin
  • Middle SchoolDestin
  • High SchoolDestin

Exterior

  • STORIES7
  • utilitiesCommunity Water, Electric, Public Sewer, Public Water, TV Cable
  • PoolPool Type
  • parkingGarage, Covered, See Remarks
  • other exterior FeaturesBalcony

Financial

  • Sales Price$915,000
  • Real Estate Tax $3,710/yr
  • HOA $3,459/3 mos

Real Estate Journey

Choosing Christie's means more than just a transaction; it's an invitation to a legacy of excellence, ensuring your real estate aspirations are handled with the utmost care and distinction. Ready to experience the Christie's difference? Browse our exclusive listings or contact us today for a personalized consultation.

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