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Off market
  • $727,000

    506 Gulf Shore Dr Unit 306, Destin, FL 32541

    2beds
    2baths
    1,362sqft
    Condo
    Built in 1983
    -- sqft lot
    $727,000 Zestimate®
    $534/sqft
    $2,421 Estimated rent

    Home value

    $727,000

    $647,000 - $814,000

    $2,421/mo

    Zestimate® history
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    $2,421/mo

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    $2,421/mo

    Rent Zestimate®

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    $5,708/mo

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    $5,708/mo

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    What's special

    This large-size 4th floor beachfront 2-bedroom condo is PRICED TO SELL. Inlet Reef Club is a highly regarded and well-established building that is very popular as a high-end vacation rental. It has covered parking. (The first floor of the building is all covered parking and beach storage closets, and unit-levels begin on the second floor.) Note the balcony design --- the balcony is designed for you to step forward and enjoy a 180-degree panoramic view east and west (but sacrificing privacy), or step back for private enjoyment of your personal little spot of paradise. Note the beachfront living room window, which allows you to look right out, unobstructed by a balcony. The 4th floor level gives a good angle-of-view to the beach and to the gulf. Over 100 square miles of Gulf of Mexico conveys with this condo (in multiple individual non-exclusive right of purview). The master bedroom has a good-size walk-in closet. (For what?) This is a great condo, available to buy at a price not seen in years. * * *

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Interior area
    • Total interior livable area: 1,362 sqft

    Property

    Parking
    • Parking features: Carport
    Lot
    • Size: 6.23 Acres
    Details
    • Parcel number: 002S24457500003060

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1983

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $1,051 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $534/sqft
    • Tax assessed value: $742,500
    • Annual tax amount: $7,995

    Price history

    DateEventPrice
    10/5/2010Listing removed$485,000$356/sqft
    Source: HOLIDAY ISLE PROPERTIES INC #534215 Report a problem
    3/21/2010Listed for sale$485,000+42.6%$356/sqft
    Source: HOLIDAY ISLE PROPERTIES INC #534215 Report a problem
    10/1/2000Sold$340,000$250/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,995 +10%$618,915 +10%
    2024$7,270 +12.6%$562,650 -2.1%
    2023$6,458 +15.3%$575,000 +23.7%
    2022$5,604 -3%$465,000
    2021$5,774 +5%$465,000 +3.3%
    2020$5,498 +5.8%$450,000 +4.7%
    2019$5,198 +14%$430,000 +21.1%
    2018$4,558 $355,000 +1.3%
    2017$4,558 -0.4%$350,500 +10.2%
    2016$4,576 +10.8%$318,000 +5%
    2015$4,131 -1.2%$303,000 +1.7%
    2014$4,181 $298,000 +4.6%
    2013-- $285,000 -3.7%
    2012-- $296,000
    2011-- $296,000 -8.4%
    2010-- $323,000 -18%
    2009-- $394,000 -7.3%
    2008-- $425,000 -5.1%
    2007-- $448,000
    2006-- $448,000 +5.9%
    2005-- $423,000 +24.4%
    2004-- $340,000 +23.3%
    2003-- $275,706 +2%
    2002-- $270,300 +2%
    2001-- $265,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: DESTIN
    • Middle: DESTIN
    • High: FORT WALTON BEACH

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $727,000
    2% more
    +$14,540
    With Zillow Showcase(estimated)
    $741,540