515 Beach Drive, Destin, FL

Description of 515 Beach Drive

This 1973 cinderblock home offers a unique opportunity for buyers seeking space, flexibility, and future potential. The property was thoughtfully expanded over the years, combining the original structure (located south of the kitchen) with a later addition to create a larger footprint. Situated across two lots, this property presents excellent possibilities — whether as a renovation project, a rental investment, or a site for building two new homes in the future. While the home reflects its age and will require updates and repairs, it was occupied less than two years ago and provides a solid starting point for the right buyer with vision. The sellers are unable to verify the condition or age of major systems and features, including the roof and HVAC. The HVAC is currently not operational however, there are no known active roof leaks. The property also includes multiple storage structures  a shed with lean-to storage on both sides, a boat barn with additional side storage, and another separate shed  offering ample space for tools, equipment, or hobbies. The sellers are actively cleaning and clearing both the interior and exterior, and the condition is improving daily. Listing photos were taken prior to much of this cleanup. The primary value lies in the land and its development potential, but the existing home remains in place to provide buyers with options. The property is being sold AS IS, with the sellers also offering the option to demolish and remove the home for an additional $15,000 if desired. This is an excellent opportunity for investors, builders, or buyers looking to create something new in a versatile and spacious setting.

Listing Map