514/506 Gulf Shore Drive

Destin FL 32541

1362 sq. ft.

Condo

Last sold for $685,000

Teresa Banda, last sold this property on 04 September 2026 after 1190 days on market.

Overview

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.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

1362 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Destin over the last 12 months, the estimated median property value of 514/506 Gulf Shore Drive is $435k.

Median value

$435k

Estimated value range

$167k - $1.42m

Median days on market

105

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Destin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.