Welcome to Sandpiper Cove, where luxury meets investment potential. This newly updated studio condo features fresh paint and stylish staging, making it a perfect retreat for up to 4 guests. It offers a murphy bed and new industrial sofa sleeper.
Ideal for investors, this property offers a lucrative income opportunity, projecting $40,000 annually for actuals! A impressive ROI.Rarely does such a promising investment arise!
Sandpiper Cove resort, residents enjoy access to a wealth of amenities including:
43-acre resort with 1,100 feet of private beachfront
Boat slip rentals and launch services available
9-hole, par-3 golf course
Five swimming pools and three hot tubs
Six tennis courts
Sold for $275,000
$275,000
775 Gulf Shore Dr Unit 8248, Destin, FL 32541
0beds
470sqft
Condominium
Built in 1982
-- sqft lot
$231,600 Zestimate®
$585/sqft
$1,541 Estimated rent
Home value
$231,600
$213,000 - $250,000
$1,541/mo
Zestimate® history
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$1,769/mo
Est. payment
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$1,769/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Abbott Martin Group 850-460-2900,
EXP Realty LLC
Bought with:
Damien M Callais, 3494219
LPT Realty LLC
Source: ECAOR,MLS#: 955609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Great room
- Level: Second
- Area: 320 Square Feet
- Dimensions: 20 x 16
Kitchen
- Level: Second
- Area: 80 Square Feet
- Dimensions: 10 x 8
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Water Heater
- Laundry: Common Area
Features
- Breakfast Bar
- Flooring: Tile
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 470
- Total interior livable area: 470 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Tennis Court(s)
- Pool features: In Ground
- On waterfront: Yes
Details
- Additional structures: Pavillion/Gazebo
- Parcel number: Parcel ID 002S22213V00008248
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame, Wood Siding, Trim Wood
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1982
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Boat Launch, Community Room, Deed Access, Dock, Dumpster, Gated, Golf, Marina, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tenant Approval Req, Tennis Court(s), Waterfront, Whirlpool
- Subdivision: SANDPIPER COVE PH 13
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Land Recreation, Recreational Faclty, Sewer, Cable TV, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $585/sqft
- Tax assessed value: $195,000
- Annual tax amount: $2,310
- Date on market: 7/26/2024
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2024 | Sold | $275,000$585/sqft |
Source:  ECAOR #955609 Report a problem | ||
| 8/9/2024 | Pending sale | $275,000$585/sqft |
Source: ECAOR #955609 Report a problem | ||
| 7/26/2024 | Listed for sale | $275,000+87.1%$585/sqft |
Source: ECAOR #955609 Report a problem | ||
| 2/24/2020 | Sold | $147,000-5.8%$313/sqft |
Source: Public Record Report a problem | ||
| 11/26/2019 | Listed for sale | $156,000+15.6%$332/sqft |
Source: Sandpiper Cove Realty #835996 Report a problem | ||
| 3/7/2019 | Sold | $135,000+2.3%$287/sqft |
Source: ECAOR #815003 Report a problem | ||
| 1/29/2019 | Listed for sale | $132,000+17.9%$281/sqft |
Source: Sandpiper Cove Realty #815003 Report a problem | ||
| 12/22/2016 | Listing removed | $112,000$238/sqft |
Source: Sandpiper Cove Realty #765102 Report a problem | ||
| 11/30/2016 | Listed for sale | $112,000+17.9%$238/sqft |
Source: Sandpiper Cove Realty #765102 Report a problem | ||
| 6/1/2015 | Sold | $95,000-2.6%$202/sqft |
Source: ECAOR #710672 Report a problem | ||
| 7/27/2014 | Listed for sale | $97,500+33.6%$207/sqft |
Source: SANDPIPER COVE REALTY #710672 Report a problem | ||
| 9/10/2013 | Sold | $73,000-6.4%$155/sqft |
Source: Public Record Report a problem | ||
| 8/18/2013 | Listed for sale | $78,000+5.4%$166/sqft |
Source: Sandpiper Cove Realty #602960 Report a problem | ||
| 1/15/2012 | Listing removed | $74,000$157/sqft |
Source: SANDPIPER COVE REALTY #561376 Report a problem | ||
| 8/30/2011 | Price change | $74,000-7.4%$157/sqft |
Source: SANDPIPER COVE REALTY #561376 Report a problem | ||
| 7/22/2011 | Listed for sale | $79,900+17.5%$170/sqft |
Source: SANDPIPER COVE REALTY #561376 Report a problem | ||
| 8/1/2002 | Sold | $68,000$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,310 +10.9% | $195,000 +22.1% |
| 2024 | $2,082 +3.7% | $159,720 -18.1% |
| 2023 | $2,007 +6.4% | $195,000 +5.4% |
| 2022 | $1,886 +26.6% | $185,000 +54.2% |
| 2021 | $1,490 +13.4% | $120,000 +14.3% |
| 2020 | $1,314 +9% | $105,000 +10.5% |
| 2019 | $1,205 +3.9% | $95,025 +5% |
| 2018 | $1,160 | $90,500 +9.7% |
| 2017 | $1,160 +7.9% | $82,500 +10.7% |
| 2016 | $1,075 +11% | $74,500 +9.6% |
| 2015 | $968 -7.4% | $68,000 +13.3% |
| 2014 | $1,045 | $60,000 +7.1% |
| 2013 | -- | $56,000 +7.7% |
| 2012 | -- | $52,000 -10.3% |
| 2011 | -- | $58,000 -18.3% |
| 2010 | -- | $71,000 -16.5% |
| 2009 | -- | $85,000 -5.6% |
| 2008 | -- | $90,000 -34.8% |
| 2007 | -- | $138,000 -8% |
| 2006 | -- | $150,000 +7.1% |
| 2005 | -- | $140,000 +118.8% |
| 2004 | -- | $64,000 +18.5% |
| 2003 | -- | $54,000 +7.6% |
| 2002 | -- | $50,200 |
| 2001 | -- | $50,200 |
Find assessor info on the county website
Neighborhood: 32541
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.2 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 3.6 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 9.6 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Fort Walton Beach
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Okaloosa County
- Destin
- 32541
- 775 Gulf Shore Dr Unit 8248
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