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About This Home
This 1-bedroom, 1-bathroom condo at 775 Gulf Shore Drive in Destin, FL is listed for $365,000 ($580 per sqft). Built in 1976, the home offers 629 sqft of living space on a N/A lot.
Investor alert! This 1BR/1BA end-unit canal-front condo with harbor access already has $30K+ on the books for 2026 and is still booking, offering immediate cash flow. Enjoy an extended waterfront deck with stunning sunrise and sunset views. Dock your boat right outside for a nominal fee with water and electric hookups.
Located in a gated community, amenities include five pools, three hot tubs, a 9-hole par-3 golf course, tennis, pickleball, private beach access, and two on-site restaurants-one beachfront and one waterfront. A turnkey, proven income-producing coastal asset.
= degrees Canal-Front Waterfront Income Producer - $30K+ Already Booked for 2026 Investor alert! This 1-bedroom, 1-bath end-unit canal-front, harbor-access condo is already delivering results with over $30,000 on the books for 2026 and still actively booking, offering immediate cash flow and strong forward revenue potential.
Located in a private gated community, this prime waterfront unit sits directly on the canal with harbor access, providing the features vacationers actively seek. Guests enjoy stepping straight onto the extended deck overlooking the waterperfect for morning coffee at sunrise and breathtaking sunset views.
Boating enthusiasts can dock right outside the condo for a nominal fee, complete with water and electric hookups, creating a rare and highly desirable rental advantage. Inside, modern upgrades include a tankless hot water heater for energy efficiency and long-term durability.
The end-unit location enhances privacy and natural light, increasing both guest satisfaction and rental appeal. The community's extensive resort-style amenities continue to drive strong demand, offering five swimming pools, three hot tubs, a 9-hole par-3 golf course, six lighted tennis courts, pickleball courts, private beach access, and two on-sit
e restaurantsone a casual beachfront favorite and the other a fine dining waterfront experience overlooking the harbor. With built-in 2026 revenue, direct canal frontage with harbor access, boating convenience, and a full suite of high-demand amenities, this turnkey property represents a rare opportunity to secure a proven, income-producing coastal asset that is already performing and still booking.
Key Features
- Built in 1976
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$3,931/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
775 Gulf Shore Drive
Destin, FL 32541
SANDPIPER COVE PH 01
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Views
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom condo at 775 Gulf Shore Drive is listed at $365,000 ($580/sqft). The estimated monthly payment is $3,561 based on 20% down at 6.5% interest.
HOA fees are $1979/month.
Key features include: Built in 1976, Waterfront. Interior Features: Washer/Dryer Hookup. Exterior Features: Balcony, Dock, Tennis Court.
This property is listed by Jacqueline L Riel and can be reached at 3135901072 or jackie.riel@cbrealty.com.








