500 Gulf Shore Drive , Unit 313B

Description

Jetty East is a Gated 7-story midrise 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. The assessment has been paid in full. Unit 313B is a 2 bedroom, 2 bath condo overlooking the pool and offering views of the Gulf. Gulfside 2 bedrooms aren't listed often so now is your chance. 313B has been a residence for the last 14 years. Rental numbers from similar units are $50,000 to $56,000. Remodeled units like 313B tend to have a higher gross income. This unit underwent a major renovation in 2020 to include gutting and remodeling bathrooms with new cabinets, granite, enlarging master closet, new cabinets new appliances, paint, Solid door, plantation shutters and room darkening drapes. The upgrades and exclusions list are under the document section for your review. The unit features EFCO (category4) sliding glass doors and windows paid for by the seller. Approximately a $25,000 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. Upgrades and Exclusions under Documents