506 Gulf Shore Dr, Unit 107

Destin, FL 32541

$700,000
Price
2
Beds
1,362 Sq. Ft.
$514 / Sq. Ft.
1,362
Sq. Ft.
$514
per Sq. Ft.

Description

Discover true beachfront living in this charming 1st floor condo with fantastic Gulf views! Although it is on the first floor, the elevation above the parking area ensures unobstructed views of the Gulf! No need to take the elevator when you're steps from the sand and pool! There's an opportunity to enhance the unit by converting the breakfast nook into a charming bunk room, as seen in other units. By purchasing this two-bedroom condo and creating an additional bedroom, you can significantly increase...Discover true beachfront living in this charming 1st floor condo with fantastic Gulf views! Although it is on the first floor, the elevation above the parking area ensures unobstructed views of the Gulf! No need to take the elevator when you're steps from the sand and pool! There's an opportunity to enhance the unit by converting the breakfast nook into a charming bunk room, as seen in other units. By purchasing this two-bedroom condo and creating an additional bedroom, you can significantly increase its value! Enjoy a spacious open floor plan that flows into an outdoor terrace, perfect for enjoying your morning coffee and cocktails at sunset. Upgrades in 2024 include new carpet in bedrooms, new A/C, new Stainless steel appliances, and washer and dryer. Premium amenities at Inlet Reef Cl

Listing Agent

  1. Cassy DeJulio

    Cassy DeJulio

    Listing Agent

    Compass

    cassy.dejulio@compass.com

    P: (913)-961-2580

Property Details for 506 Gulf Shore Drive, Unit 107

Subdivision
INLET REEF CLUB CONDO
MLS Sub Area
1401 - Destin Beach West
Waterfront Type
Gulf, Gulf/Pass
Water View
Gulf, Gulf/Pass
LISTING UPDATED: 07/07/2025 03:43 PM

Property Details for 506 Gulf Shore Drive, Unit 107

StatusActive
MLS #972597
Days on Market118
Taxes$6,979 / year
HOA Fees$3,400 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1982
CountyOkaloosa County
Buyer's Agent Compensation2.5%

Location

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Building Information for 506 Gulf Shore Drive, Unit 107

Building/Complex506 Gulf Shore DrFloor1Stories-Residences-Pet Policy-Pet Policy Details-Year Built1982

Payment Calculator

$5,382 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,668

Property Taxes

$582

HOA Dues

$1,133

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Gulf Shore Drive, Unit 107

Summary
Location and General Information
  • Absolute Longitude: 86.499083
  • Asscociate Mangment Name: John Weidinger
  • Directions: Turn South off HWY 98 onto Gulf Shore Dr., Inlet Reef is a gated community on the left, about 1.5 miles on Gulf side.
  • Longitude: -86.499083
  • Latitude: 30.383569
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Quarterly
  • Fees Include: Accounting,Ground Keeping,Insurance,Licenses/Permits,Management,Master Association,Recreational Faclty,Security,Sewer,Trash,TV Cable,Water
  • Last Tax Year: 2024
  • Assessment Amount: $3,400
School Information
  • Elementary School: Destin
  • High School: Destin
  • Middle School: Destin
Utilities
  • Utilities: Electric,Public Sewer,Public Water,TV Cable
Parking
  • Garage YN: No
  • Covered Spaces: 1.0
Property
Parking
  • Carport YN: No
Lot Information
  • Area: 14 - Destin
  • Building Design: N/A
  • Stories in Building: 7
Property and Assessments
  • Project Facilities: BBQ Pit/Grill,Beach,Community Room,Deed Access,Dumpster,Elevators,Exercise Room,Gated Community,Laundry,Pets Allowed,Pickle Ball,Pool,Sauna/Steam Room,Short Term Rental - Allowed,Tennis,TV Cable,Waterfront,Whirlpool
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Balcony
  • Homestead: No
  • Pool: Yes
  • Pool Type: Community
Interior Features
  • Appliances: Dishwasher,Disposal,Dryer,Fire Alarm/Sprinkler,Freezer,Microwave,Oven Self Cleaning,Refrigerator,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Washer
  • Energy: AC - Central Elect,Heat Cntrl Electric,Storm Doors,Storm Windows,Water Heater - Elect
  • Interior: Breakfast Bar, Floor Tile, Floor WW Carpet New, Furnished - All, Lighting Recessed, Needs Work, Owner's Closet, Wallpaper, Walls Mirrored, Washer/Dryer Hookup, Window Treatment All
Room Information
Room Information
  • Bedroom: First
  • Living Room: First
  • Master Bedroom: First
  • Master Bedroom and Master Bathroom: MBath Double Vanity,MBath Dressing Area,MBath Shower Only,MBath Tile,MBath Walk-In Closet,MBed Balcony,MBed Carpeted,MBed Waterfront
  • Rooms: Bedroom,Breakfast Room,Kitchen,Living Room,Master Bedroom
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 18 x 15
  • Length: 18.0
  • Width: 15.0
  • Level: 1
  • Area: 270.0
Room 2
  • Dimensions: 15 x 8
  • Length: 15.0
  • Width: 8.0
  • Level: 1
  • Area: 120.0
Room 3
  • Dimensions: 8 x 8
  • Length: 8.0
  • Width: 8.0
  • Level: 1
  • Area: 64.0
Room 4
  • Dimensions: 16 x 13
  • Length: 16.0
  • Width: 13.0
  • Level: 1
  • Area: 208.0
Room 5
  • Dimensions: 15 x 10
  • Length: 15.0
  • Width: 10.0
  • Level: 1
  • Area: 150.0
Multi Family
Unit Information
  • Stories In Unit: 1
Rental
Rental Information
  • Is Subject Leased: No
  • Immediate Occupancy: Yes

Property History for 506 Gulf Shore Drive, Unit 107

DateEvent & SourcePriceAppreciation
Mar 31, 2025

Listed (Active)

ECAR #972597

$735,000—
Nov 12, 2024

Withdrawn

ECAR #953182

—
Sep 1, 2024

Expired

ECAR #941459

—
Jun 25, 2024

Listed (Active)

ECAR #953182

$850,000—
Jun 14, 2024

Temporarily Off Market

ECAR #941459

—
Feb 3, 2024

Listed (Active)

ECAR #941459

$899,900—
Jun 15, 2010

Expired

ECAR #527352

—
Nov 12, 2009

Listed (Active)

ECAR #527352

$499,500—
Aug 24, 2009

Expired

ECAR #504227

—
Oct 10, 2008

Listed (Active)

ECAR #504227

$729,000—
Mar 1, 2008

Expired

ECAR #467459

—
Jun 15, 2007

Listed (Active)

ECAR #467459

$750,000—
DateEvent & SourcePrice
03/31/2025

Listed (Active)

ECAR #972597

$735,000
11/12/2024

Withdrawn

ECAR #953182

—
09/01/2024

Expired

ECAR #941459

—
06/25/2024

Listed (Active)

ECAR #953182

$850,000
06/14/2024

Temporarily Off Market

ECAR #941459

—
02/03/2024

Listed (Active)

ECAR #941459

$899,900
06/15/2010

Expired

ECAR #527352

—
11/12/2009

Listed (Active)

ECAR #527352

$499,500
08/24/2009

Expired

ECAR #504227

—
10/10/2008

Listed (Active)

ECAR #504227

$729,000
03/01/2008

Expired

ECAR #467459

—
06/15/2007

Listed (Active)

ECAR #467459

$750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 506 Gulf Shore Drive, Unit 107

Taxable ValueLand-Additions$675,000Total-
Tax Record2024$7,270 ($606 / month)
Home Facts
Beds2Total Finished SqFt1,362 SqFtAbove Grade Finished SqFt1,362 SqFtLot Size271,383 SqFtStyleCondominiumYear Built1982CountyOKALOOSAAPN00-2S-24-4575-0000-1070

Schools near 506 Gulf Shore Drive, Unit 107

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Destin High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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506 Gulf Shore Drive, Unit 107 is a condo for sale in Destin, FL 32541. This property was listed for sale on March 31, 2025 by Compass, it's currently listed at $700,000. This listing's school district is Okaloosa County School District. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 506 Gulf Shore Drive, Unit 107 is a 2-bed, 2-bath, 1,362 sqft condo built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.