$629,000
3 beds 2 baths 1,630 sq. ft.
30.383134842 -86.50100708
$629,000
Est. Monthly $3,198 recalculate
3 beds 2 baths 1,630 sf
 

500 Gulf Shore Drive 407
Destin, FL 32541

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Condominium - Outstanding Seller-financing opportunity with acceptable contract. Wonderful views from this gulf side high-producing condo. Unit 407 is a three bedroom two bath Duplex, which is a two bedroom, one bath unit connected to a one bedroom unit. The beauty of the duplex units is that you own two separate condos but pay only one maintenance fee. Gross Rental Income topped $74,000 in 2015 and topped $72,000 in 2016 by the end of October. 407 is perfectly situated at the west end right over the beach with views that continue past 30A. If you are an investor buyer, this one can't be beat!
MLS # 747575
Listed By CENTURY 21 Blue Marlin

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Yvonne Lazarus
Yvonne Lazarus CENTURY 21 Blue Marlin
607 Harbor Blvd
Destin, FL 32541
850.­837.7800
850.­837.7800
CENTURY 21 Blue Marlin
607 Harbor Blvd Destin, FL 32541
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Property Features

  • Amenities: Tennis Courts
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range / Oven, Refrigerator, Washer
  • Area Amenities: Area Pool, Area Tennis, Aquatic Activities
  • Area Description: Resort, Sand Beach
  • Bath Features: Tub and Shower
  • Body of Water: Gulf
  • Community Type: Beach Resort, Gated
  • Cooling: Central A/C - Electric
  • Exterior Description: Stucco
  • Exterior Living Space: Balcony / Lanai
  • Flooring: Tile, Wall to Wall Carpet
  • General: Elevator, Ceiling Fan(s), Window Treatments, Smoke Detector
  • Heating - Fuel Type: Electric
  • Kitchen Features: Breakfast Bar
  • Location: Gulf
  • Other: Association Fee
  • Pool Description: Inground, Hot Tub, Pool, Outdoor
  • Special Market: Vacation / Second Home
  • Style: Other Style
  • Views: Ocean

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $3,198Your estimated monthly payment
    $125,80020% Down Payment
    $629,000 $566,100
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Room Dimensions

    • Living or Dining Room Combo: 24.0 ft x 12.0 ft
    • Living or Dining Room Combo: 15.0 ft x 12.0 ft
    • Balcony: 9.0 ft x 12.0 ft
    • Balcony: 9.0 ft x 12.0 ft
    • Bedroom: 12.0 ft x 15.0 ft
    • Bedroom: 12.0 ft x 14.0 ft
    • Bedroom: 12.0 ft x 15.0 ft
    • Kitchen: 9.0 ft x 12.0 ft
    • Kitchen: 6.0 ft x 9.0 ft

    Elementary School
    DESTIN ELEMENTARY SCHOOL
    Grades K-4 | Public School

    DESTIN, FL 32541
    630 KELLY ST
    850-833-4360
    1.4
    miles

    Total Students 850
    Student Teacher Ratio 15:1

    School Rating

    5 stars View School Details
    Middle School
    DESTIN MIDDLE SCHOOL
    Grades 5-8 | Public School

    DESTIN, FL 32541
    4608 LEGENDARY MARINA DR
    850-833-7655
    4.6
    miles

    Total Students 715
    Student Teacher Ratio 16:1

    School Rating

    5 stars View School Details
    High School
    FORT WALTON BEACH HIGH SCHOOL
    Grades 9-12 | Public School

    FORT WALTON BEACH, FL 32548
    400 HOLLYWOOD BLVD SW
    850-833-3300
    8.6
    miles

    Total Students 1653
    Student Teacher Ratio 16:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Destin Christian Academy 1.0 mi Private K-6
    Shalimar Elementary School 6.4 mi Public K-5
    Clifford Meigs Middle School 6.6 mi Public 6-8

    Local Area Information for Destin, FL 32541

    Median Age: 43.4
    Married: 46.1%
    Number of Households: 7,200
    Households with Children: 1,562
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
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      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.