About This Home

This 1-bedroom, 1-bathroom condo at 500 Gulf Shore Drive #516A in Destin, FL is listed for $359,900 ($566 per sqft). Built in 1977, the home offers 636 sqft of living space on a N/A lot.

Key Features

  • Built in 1977
  • 6 stories

Property Details

6 stories
1 full
#516A
1977

Amenities

A/C
Listing Description

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 unique as it is located on Holiday Isle (Gulf Shore Drive) which ends at 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 light and has been completed.

Unit 516A is a very light and bright unit with large tile flooring and luxury plank in the bedroom. Granite counter tops in the kitchen with a new refrigerator. Great views from the unit and balcony Gross Rental income ranges from $35000 to $45000. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller.

Approximately $20,000 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: 900 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. Nice 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.

Monthly Cost Estimate

$5,131/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105
HOA$3,206

Estimates only. Actual payments may vary.

Location

500 Gulf Shore Drive #516A

Destin, FL 32541

JETTY EAST CONDO

Features & Amenities

Interior Features

Owner's ClosetWasher/Dryer Hookup

Exterior Features

Balcony

Property Details

Flooring

VinylTile

Construction

Concrete

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigeratorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 1-bedroom, 1-bathroom condo at 500 Gulf Shore Drive is listed at $359,900 ($566/sqft). The estimated monthly payment is $5,131 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $3206/month.

Key features include: Built in 1977, 6 stories. Interior Features: Owner's Closet, Washer/Dryer Hookup. Exterior Features: Balcony.

This property is listed by Carly G St Peter and can be reached at 8508650853.

CP

Carly G St Peter

License 634180

Agent at East Pass Realty

(850) 865-0853
Agent website

Listed by East Pass Realty · Broker phone: (850) 837-4191 · View on Broker Site · Broker website

MLS# 970558· Source: Emerald Coast Association of Realtors· 94 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Gulf Shore Drive #516A, Destin, FL 32541

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