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8250/775 Gulf Shore Dr

Destin FL 32541

1
470 sq. ft.
Condo
Currently for sale - view listing

Overview

Turnkey vacation retreat with proven rental income! **Bring Offers-Under contract with a KICKOUT CLAUSE***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!

Features

1 bathroom
470 sq. ft. floor area
Condo

Property history for 8250/775 Gulf Shore Dr

2022
Sold
$270,000
14 Jun 2022
2019
Sold
$129,500
15 Apr 2019 by Becky Bryant, of Sandpiper Cove Realty
2018
Sold
$120,000
02 Jan 2018 by Annette Riedemann, of Sandpiper Cove Realty

Happy sellers in Destin

90%
90% of sellers in Destin reported that their sale price either exceeded or met their price expectations.

Destin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Destin over the last 12 months.

Local market activity for condos in Destin

In the last 12 months, 405 condos similar to 8250/775 Gulf Shore Dr, have been sold.

This represents a 2% increase in condos sales when compared to the previous 12 months.

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