500 Gulf Shore Drive Unit 115b, Destin

Gulf front 2-bedroom 2 bath condo. The upgrades have paid off in its 1st year on the rental program. 2023 Gross Rental income of $54,000 2023 upgrades: all new stainless appliances, new furniture, new mattresses, new décor and rugs 2024 New luxury plank flooring, new double vanity counter tops in the master bathroom, new countertop, cute backsplash and new sink in the kitchen. New sink and countertop in guest bath, new faucets and patio furniture. Custom Shutters NEW AC & HOT WATER HEATER 2025 115B is located on the 1st floor, which is above the covered parking garage, allowing for great views. Centrally located to the elevator or stairs. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. (Roughly $30,000) . 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.
Milestone Inspection and Structural Studies competed August 1, 2024 special assessment to replace building ski lights ($11,616) has been paid work will be completed 2/20/25

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