brett sells destin

502 Gulf Shore Drive, UNIT 504, Destin, FL 32541 (MLS# 807507)


$339,000
502 Gulf Shore Drive, UNIT 504
Destin, FL 32541
MLS# 807507
Status: Sold
2 beds  |  2 baths  |  987 sqft


502 Gulf Shore Drive, UNIT 504, Destin, FL 32541
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Property Description
Gulf front Gold Rated and updated Condo with good rental history. Heavy owner, family and friends usage keeps rental income to around $26,000 annually. Similar units produce $35,000 gross income with lower owner usage. Freshly painted with new window treatments. A/C system replaced August 2018, hot water heater less than 2 years old. Kitchen and master bath cabinets have been updated and refinished, granite added with updated appliances. Master Barth shower upgraded as well as a new rock solid dining table. Islander has a NO PET policy. Condo association is very financially sound with a decrease in fees expected for 2019. A repeat Snowbird rental for many years is in place for December 26 to mid March 2019, and must be honored. This couple has been too loyal!

Details
Documents
Status Change Info
Status: Sold
Under Contract Date: 2018-10-19
Sold Date: 2018-11-08
Sold Price: $335,000
Sold Price/SqFt: 339.41
Contract Info
List Date: 2018-09-16
Current Price: $335,000
List Price: $339,000
List Price/SqFt: 343.47
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 502
Street Name: Gulf Shore
Street Suffix: Drive
Unit #: UNIT 504
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1401 - Destin Beach West
Project Name/Subdivision: ISLANDER CONDO
Parcel ID: 00-2S-24-1300-0000-5040
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: ISLANDER PHASE I UNIT 504
General Property Info
Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 987
SqFt Source: County PA Records
Bedrooms: 2
Full Baths: 2
Total Bathrooms: 2
# Stories: 6
Stories In Unit: 1
# of Units in Bldg: 126
Stories in Building: 7
Unit Floors Above Ground: 108
Year Built: 1983
Immediate Occupancy: Yes
Pool: Yes
Pool Type: Community
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 627.58
Assessment Paid: Monthly
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 225
New Buyer Fee Paid: $
Last Taxes: 2417.79
Last Tax Year: 2017
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Gulf front Gold Rated and updated Condo with good rental history. Heavy owner, family and friends usage keeps rental income to around $26,000 annually. Similar units produce $35,000 gross income with lower owner usage. Freshly painted with new window treatments. A/C system replaced August 2018, hot water heater less than 2 years old. Kitchen and master bath cabinets have been updated and refinished, granite added with updated appliances. Master Barth shower upgraded as well as a new rock solid dining table. Islander has a NO PET policy. Condo association is very financially sound with a decrease in fees expected for 2019. A repeat Snowbird rental for many years is in place for December 26 to mid March 2019, and must be honored. This couple has been too loyal!
Office/Member Info
Single Agent Comp: 3
Single Agent Comp Type: %
Trans Broker Comp: 3
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Waterfront: Gulf
Waterview: Gulf
Project Facilities: BBQ Pit/Grill; Beach; Community Room; Elevators; Exercise Room; Gated Community; Laundry; Pavillion/Gazebo; Picnic Area; Pool; Tennis; TV Cable; Waterfront
Construction/Siding: Concrete; Siding EIFS; Steel; Stucco
Exterior: Balcony
Interior: Breakfast Bar; Floor Tile; Floor WW Carpet; Furnished - All; Owner's Closet; Pantry; Window Treatment All
Appliances: Dishwasher; Disposal; Microwave; Oven Continue Clean; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric
Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Mstr Bdrm/Mstr Bath: MBath Tile; MBed Carpeted; MBed Waterfront
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Bedroom; Dining Room; Kitchen; Master Bedroom
Financing: Conventional
Fees Include: Accounting; Advertising; Ground Keeping; Insurance; Internet Service; Legal; Licenses/Permits; Management; Recreational Faclty; Security; Telephone; Trash; TV Cable; Water
Room Information
Room Name Level Dimensions Length Width Remarks Dimensions
Dining RoomFirst22 x 1422.0014.00Dining/Living Combo22 x 14
Master BedroomFirst14 x 1214.0012.0014 x 12
BedroomFirst12 x 1112.0011.0012 x 11
KitchenFirst12 x 512.005.0012 x 5

Listing Office: Keller Williams Realty SRB

Last Updated: September - 12 - 2019


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.