Description
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.
Features of 506 Gulf Shore Drive Unit 404
MLS® # | 937227 |
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Sold Price | $915,000 |
List Price | $924,990 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 1,362 |
Acres | 0.00 |
Year Built | 1982 |
Type | Condominium |
Sub-Type | Condominium |
Style | N/A |
Status | Sold |
Community Information
Address | 506 Gulf Shore Drive Unit 404 |
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Area | 14 - Destin |
Subdivision | INLET REEF CLUB CONDO |
City | Destin |
County | Okaloosa |
State | FL |
Zip Code | 32541 |
Amenities
Amenities | Community Room, Pool, TV Cable, Waterfront, BBQ Pit/Grill, Beach, Dumpster, Elevators, Exercise Room, Gated Community, Sauna/Steam Room, Separate Storage, Whirlpool, Pets Allowed, Pickle Ball, Short Term Rental - Allowed |
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Utilities | Electric, Public Sewer, Public Water, TV Cable, Community Water |
Parking | Garage, See Remarks, Covered |
Is Waterfront | Yes |
Waterfront | Gulf |
Has Pool | Yes |
Pool | Community, Private |
Interior
Interior Features | Floor Tile, Floor WW Carpet, Breakfast Bar, Furnished - None, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Washer/Dryer Hookup |
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Appliances | Dishwasher, Dryer, Microwave, Stove/Oven Electric, Refrigerator W/IceMk, Washer |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Concrete, Stucco, Steel |
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Exterior Features | Balcony |
Construction | Steel |
School Information
Elementary | Destin |
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Middle | Destin |
High | Destin |
Additional Information
Days on Website | 155 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 3459.00 |
HOA Fees Freq. | Quarterly |
Listing Details
Office | Coldwell Banker Realty |
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