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$717,000 Just Listed
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Property Description
Luxury meets coastal living in this beautifully customized residence that lives more like a private home than a condominium. Thoughtfully redesigned with exceptional craftsmanship and timeless finishes, this move-in-ready retreat is being sold partially furnished and offers an elevated lifestyle in one of Destin's premier Gulf-front communities with private beach access. The open living area centers around a stunning custom kitchen with abundant cabinetry, premium finishes, reverse osmosis filtered water, and a raised entertaining bar. Plantation shutters and Alexa-enabled Lutron smart blinds on all sliders and the living room window provide style and convenience. A dedicated office, custom built-ins, designer faux finishes, and spa-inspired baths reflect exceptional attention to detail. Relax on your private balcony with panoramic Gulf views by day and spectacular Harbor fireworks every Monday and Thursday throughout the summer. Major community restoration and waterproofing have been completed, and the seller has paid the special assessment, allowing the next owner to enjoy these significant improvements without the added expense. Ideal as a full-time residence, second home, or lock-and-leave coastal retreat. Short term rental projections $90K! This one-of-a-kind property blends sophisticated design, quality craftsmanship, and the relaxed elegance of the Emerald Coast. Amenities include onsite beach side pool with a hot tub, sundeck, barbecue area, fitness room.
Full Property Details
Full Property Details for 506 Gulf Shore Dr #514
General
- Price: $717,000
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1008048
- Updated: 7/24/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Pets Allowed, Pool, Sauna/Steam Room, Separate Storage, Tennis, TV Cable, Waterfro
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Pantry, Walls Mirrored
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Elect
- Furnishings: Furnished - None, Furnished - Some
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Garage
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: INLET REEF CLUB CONDO
- Driving Directions: Directions from Highway 98 (the most common route) From US Highway 98, turn south onto Gulf Shore Drive (the entrance to Holiday Isle). Continue on Gulf Shore Drive for approximately 1 mile. Pass: Jetty East Sandpiper Cove The Islander Inlet Reef Club will be on your left (Gulf side) at 506 Gulf Shore Drive, just before Norriego Point and the Destin East Pass.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Management, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Phone, Public Water
Structural Information
- Construction: Concrete, Steel, Stucco
- Exterior Const.: Concrete, Steel, Stucco
- Stories/Levels: 7
- Square Feet: 1,362
- Sq. Ft. Source: County PA Records
- Year Built: 1982
Lot Features
- Property View: Harbor, Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Gulf, Harbor, Shore - Beach
Financial Considerations
- Assessment Amount: $3,890
Disclosures and Reports
- Legal Description: INLET REEF CLUB UNIT 514
- APN: 00-2S-24-4575-0000-5140
- Property ID: 00-2S-24-4575-0000-5140
Listed by 30A Local Real Estate
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Schools
Schools serving 506 Gulf Shore Dr #514
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.3 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 4.5 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Gulf Shore Dr #514
Date
Details
Price
Change
Source
7/24/2026
Listed
$717,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 Gulf Shore Dr #514
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,319
10%
$573,000
10%
2024
$5,752
4%
$522,000
—
2023
$5,536
30%
$522,000
53%
2021
$4,247
-8%
$342,000
-13%
2022
$4,622
9%
$392,000
20%
2021
$4,247
7%
$327,000
5%
2019
$3,958
3%
$312,000
9%
2018
$3,839
9%
$286,165
2%
2017
$3,537
15%
$281,000
19%
2016
$3,072
-3%
$236,500
5%
2015
$3,161
10%
$226,000
13%
2013
$2,871
—
$200,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 Gulf Shore Dr #514
506 Gulf Shore Drive #514, Destin, FL 32541 (MLS# 1008048) is a Condo property with 2 bedrooms and 2 full bathrooms. 506 Gulf Shore Drive #514 is currently listed for $717,000 and was received on July 24, 2026. Want to learn more about 506 Gulf Shore Drive #514? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

