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$285,000 Just Listed
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Property Description
Turnkey vacation retreat with proven rental income! This property generated over $27k in gross rental income in 2025, with more than $11,000 already paid as of May 26, 2026 and an additional $11,000 in future bookings. With immediate income potential and strong forward bookings, this is the perfect investment opportunity! Act quickly if you're interested in this charming, updated studio condo. It is beautifully decorated which is why it generates great rental income. Located next to the pool and just a 2-minute walk to the beach, this condo features stainless steel appliances, energy-efficient windows, hurricane-rated sliding doors, and a renovated bathroom with a walk-in shower. Additional upgrades include shiplap accents, a new HVAC system, and quartz countertops. The property, SPC, is a resort-style facility occupying 43 acres in the heart of downtown Destin. Notable on-site amenities include 1,100 feet of deeded beachfront access, five pools, six tennis courts, pickleball, bocce ball, shuffleboard, canal boat docking, marina slips (by reservation and subject to availability), and a popular nine-hole par-3 pitch-and-putt golf course. Make your appointment today for a private showing!
Full Property Details
Full Property Details for 775 Gulf Shore Dr #UNIT 8250
General
- Price: $285,000
- Taxes: $2,217 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 976253
- Updated: 5/26/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Pickle Ball, BBQ Pit/Grill, Beach, Boat Launch, Community Room, Deed Access, Dock, Gated Community, Golf, Laundry, Marina, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, TV Cable, Waterfront, Whirlpool
Interior
- Number of Rooms: 2
- Interior Features: Breakfast Bar, Owner's Closet
- Appliances: Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: SANDPIPER COVE PH 13
- Driving Directions: Hwy 98 East turn south on Gulf Shore Drive. At first Light turn right into Sandpiper Cove. Once past guard shack make an immediate right-2nd building on left-unit 8250
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Land Recreation, Master Association, Other Utilities, 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, Public Water, TV Cable
Structural Information
- Construction: Siding Wood, Trim Wood
- Exterior Const.: Siding Wood, Trim Wood
- Stories/Levels: 2
- Square Feet: 470
- Sq. Ft. Source: County PA Records
- Year Built: 1986
Financial Considerations
- Assessment Amount: $1,616
- Tax Amount: $2,217.12
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SANDPIPER COVE XIII UNIT 8250 BLDG M
- APN: 00-2S-22-213V-0000-8250
- Property ID: 00-2S-22-213V-0000-8250
Listed by Go Coastal Realty LLC
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Schools
Schools serving 775 Gulf Shore Dr #UNIT 8250
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.2 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 3.6 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 9.5 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 775 Gulf Shore Dr #UNIT 8250
Date
Details
Price
Change
Source
4/20/2026
Price Reduced
$285,000
-0.7%
MLS
5/21/2025
Price Reduced
$287,000
-0.69%
MLS
5/13/2025
Listed
$289,000
123.17%
MLS
4/15/2019
Sold
$129,500
—
Public Record
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 775 Gulf Shore Dr #UNIT 8250
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,310
—
$195,000
—
2024
$2,310
-1%
$195,000
—
2023
$2,330
59%
$195,000
62%
2021
$1,461
-21%
$120,000
-35%
2022
$1,854
27%
$185,000
76%
2021
$1,461
27%
$105,000
16%
2019
$1,148
-1%
$90,500
—
2018
$1,160
8%
$90,145
9%
2017
$1,075
11%
$82,500
11%
2016
$968
-7%
$74,500
10%
2015
$1,045
9%
$68,000
13%
2014
$961
5%
$60,000
7%
2013
$913
—
$56,000
—
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 775 Gulf Shore Dr #UNIT 8250
775 Gulf Shore Drive #UNIT 8250, Destin, FL 32541 (MLS# 976253) is a Condo property with 0 bedrooms and 1 full bathroom. 775 Gulf Shore Drive #UNIT 8250 is currently listed for $285,000 and was received on May 26, 2026. Want to learn more about 775 Gulf Shore Drive #UNIT 8250? 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.

