For sale Condo

Listed Mar 18, 2025

$634,900 Est. $4,199/mo

500 Gulf Shore Drive Unit 119b

  • 2

    Beds

  • 2

    Baths

  • 1,030

    Sq ft

The story

  • Pool
  • Waterfront

Unit UNIT 119B at 500 Gulf Shore Drive is a 2-bedroom, 2-bathroom condo in Destin, FL with 1,030 sq ft of living space, built in 1977. It is currently listed at $634,900. Highlights include a waterfront setting and a pool.

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 noteworthy due to its position on Holiday Isle (Gulf Shore Drive), which ends at Norriego Point and 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 lights and the work has been completed. Unit 119B is a 2 bedroom 2 bath unit featuring an open, remodeled floor plan which is elevated offering pool and gulf-views. The laundry area has been relocated to allow has been relocated to allow additional space in the living and kitchen area. The kitchen features updated granite countertops and backsplash, stainless-steel appliances, and crown molding. Master bath has been updated with a double vanity and walk in shower. It is conveniently located near the elevator or stairs for quick and easy access to the beach or pool. The breathtaking gulf views are visible from the kitchen, the living room and Master Bath. Rental Income 2023 $44,304, 2024 $36465 The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. Approximately $30,000 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: 800 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. Spacious 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.

Facts & features

Home type

Condo

Year built

1977

Floors

6

Price per sq ft

$616

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect

  • Flooring

    Floor Tile

  • Roof

    Membrane

  • Exterior

    Balcony, Pavillion/Gazebo, Tennis Court

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,199 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,379
  • Property tax $635
  • Insurance $185

Includes principal, interest, taxes & insurance.

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Listing Broker

East Pass Realty Inc

Broker Name

East Pass Realty Inc

Agent

Carly G St Peter