$427,000
Destin, FL 32541
MLS# 823146
Status: Sold
2 beds | 2 baths | 950 sqft
1 / 32
Property Description
Coastal Heaven, The #1 Grossing Rental unit at Holiday Surf and Racquet in 2018 with over $51,000 in gross income with 70 nights owner use! Over $48,000 already on the books for 2019 as of May 19th! This professionally renovated and designed GULF FRONT unit with GULF FRONT master bedroom truly raised the bar when it comes to luxury, comfort, and coastal style, and has perfect 5 star reviews from guests because no expense was spared in making this unit perfection. All new Hurricane Impact doors and windows, which help you get unbelievably low insurance coverage ($860 per year!). You can spend over $600k for units that don't gross this much rental income! Both bedrooms feature KING sized beds with lush linens and high end furnishings, including an impressive Coastal canopy bed.
Details
Status Change Info
Status: Sold
Under Contract Date: 2019-05-22
Sold Date: 2019-06-06
Sold Price: $420,000
Sold Price/SqFt: 442.11
Contract Info
List Date: 2019-05-19
Current Price: $420,000
List Price: $427,000
List Price/SqFt: 449.47
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 510
Street Name: Gulf Shore
Street Suffix: Drive
Unit #: UNIT 407
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1401 - Destin Beach West
Project Name/Subdivision: HOLIDAY SURF & RACQUET CLUB
Parcel ID: 00-2S-24-1285-000B-0407
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: HOLIDAY SURF & RACQUET CLUBUNIT 407
General Property Info
Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 950
SqFt Source: Condo Docs
Bedrooms: 2
Full Baths: 2
Total Bathrooms: 2
# Stories: 7
Stories In Unit: 1
Stories in Building: 7
Unit Floors Above Ground: 4
Year Built: 1978
Immediate Occupancy: No
Pool: Yes
Pool Type: Community
Listing Info, Tax & Legal
Assessment Fees: Yes
Assessment Amount: 558.76
Assessment Paid: Monthly
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 150
New Buyer Fee Paid: $
Last Taxes: 2594.22
Last Tax Year: 2018
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Remarks & Misc
Remarks: Coastal Heaven, The #1 Grossing Rental unit at Holiday Surf and Racquet in 2018 with over $51,000 in gross income with 70 nights owner use! Over $48,000 already on the books for 2019 as of May 19th! This professionally renovated and designed GULF FRONT unit with GULF FRONT master bedroom truly raised the bar when it comes to luxury, comfort, and coastal style, and has perfect 5 star reviews from guests because no expense was spared in making this unit perfection. All new Hurricane Impact doors and windows, which help you get unbelievably low insurance coverage ($860 per year!). You can spend over $600k for units that don't gross this much rental income! Both bedrooms feature KING sized beds with lush linens and high end furnishings, including an impressive Coastal canopy bed.
Office/Member Info
Single Agent Comp: 2.4
Single Agent Comp Type: %
Trans Broker Comp: 2.4
Trans Broker Comp Type: %
Non-Rep Comp: 2.4
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Waterfront: Gulf; Shore - Beach; Unit Waterfront
Waterview: Gulf
Parking Features: Guest
Project Facilities: BBQ Pit/Grill; Beach; Community Room; Deed Access; Dumpster; Elevators; Exercise Room; Gated Community; Laundry; Pets Allowed; Picnic Area; Pool; Tennis; TV Cable; Waterfront
Exterior: Balcony
Interior: Breakfast Bar; Floor Laminate; Floor Tile; Furnished - All; Lighting Recessed; Owner's Closet; Plantation Shutters; Renovated; Walls Wainscoting
Appliances: Dishwasher; Disposal; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; 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 Shower Only; MBath Tile; MBed Balcony; MBed Waterfront
Master Bedroom: First
Bedroom: First
Full Bathroom: First
Rooms: Bedroom; Full Bathroom; Master Bathroom; Master Bedroom
Financing: Conventional
Fees Include: Accounting; Advertising; Ground Keeping; Insurance; Internet Service; Legal; Licenses/Permits; Management; Master Association; Recreational Faclty; Security; Sewer; Trash; TV Cable; Water
Supplements
The HUGE handmade reclaimed wood mirror is perfectly placed to allow all guests to have a gulf view while dining at the large coastal farm style dining table. The balcony now features a balcony height sofa and ottoman with sunbrella cushions... the only one like it on the property! Located on the same beach as some of the most expensive gulf front homes in the Destin area, Holiday Surf is a gated community directly on the beach, and perfectly situated to provide for easy access to HWY 98. The location is superb, close to all the Destin hot spots, yet a peaceful sanctuary on one of the best beaches in the US! Make this your home away from home, your primary residence, or your investment nest egg, but act fast because you won't find a nicer unit with this revenue. Major renovations to the entire complex in the past year including a new beach walkover, new balcony railings, walkways, and a full exterior paint job facelift, further adding to the appeal of this location. Updated balcony pics coming soon, rocking chairs were replaced with the high end bar height sofa and ottoman. No carpet in unit, bedroom 2 has same floor as rest of unit, updated pics coming soon. New FULL Glass door from master to balcony, recently replaced and not shown in photo. One owner is a licensed Real Estate Broker.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 11 x 11 | 11.00 | 11.00 | 11 x 11 |
| Master Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 |
| Master Bathroom | First | 8 x 5 | 8.00 | 5.00 | 8 x 5 |
| Full Bathroom | First | 8 x 5 | 8.00 | 5.00 | 8 x 5 |
Listing Office: Elite Real Estate Services of NWFL LLC
Last Updated: December - 27 - 2021
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.
