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$275,000
775 Gulf Shore Drive 1016
Destin, FL 32541
MLS# 986763
Status: Sold
1 beds  |  1 baths  |  629 sqft


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Property Description
Sandpiper Cove 1016 offers fantastic income potential for investors or those seeking a personal vacation getaway. Actual rental numbers produce a 10% gross yield. Whether you're looking for a family retreat, long-term rental income, or short-term vacation rental opportunity, this property checks the boxes. This tastefully decorated condo includes an updated kitchen with modern finishes and newer appliances, while the bedroom offers ample storage and natural light. Enjoy your morning coffee or evening sunset from the extended back porch overlooking the #9 green of the Par 3 pitch putt course..

Details
Documents
Status Change Info
Sold Price/SqFt: 437.2
Status: Sold
Under Contract Date: 2025-10-12
Sold Date: 2025-11-21
Sold Price: $275,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 437.2
List Date: 2025-09-26
Current Price: $275,000
List Price: $275,000
Location, Tax and Legal
Unit #: 1016
Sub Area: 1401 - Destin Beach West
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: SANDPIPER COVE PHASE #1 UNIT A BLDG 6
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 1
Unit Floors Above Ground: 1
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 629
Bedrooms: 1
Full Baths: 1
Total Bathrooms: 1
Year Built: 1976
Listing Info, Tax & Legal
Who Paid Doc Stamps: Seller
Who Paid Title: Seller
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1989.32
Annual Assessment Amount: 7957.28
Assessment Paid: Quarterly
New Buyer Fee: No
New Buyer Fee Paid: $
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Sandpiper Cove 1016 offers fantastic income potential for investors or those seeking a personal vacation getaway. Actual rental numbers produce a 10% gross yield. Whether you're looking for a family retreat, long-term rental income, or short-term vacation rental opportunity, this property checks the boxes. This tastefully decorated condo includes an updated kitchen with modern finishes and newer appliances, while the bedroom offers ample storage and natural light. Enjoy your morning coffee or evening sunset from the extended back porch overlooking the #9 green of the Par 3 pitch putt course..
Construction Status
Construction Complete: 1
Project Facilities
BBQ Pit/Grill: 1
Beach: 1
Boat Launch: 1
Gated Community: 1
Golf: 1
Marina: 1
Picnic Area: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
Construction/Siding
Foundation On Piling: 1
Roof Composite Shngl: 1
Siding Wood: 1
Trim Wood: 1
Utilities
Community Water: 1
Electric: 1
Public Sewer: 1
TV Cable: 1
Exterior
Balcony: 1
Patio Open: 1
Interior
Breakfast Bar: 1
Floor Tile: 1
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Bedroom
First: 1
Kitchen
First: 1
Rooms
Bedroom: 1
Den: 1
Kitchen: 1
Location Tax and Legal
Area: 14 - Destin
Street #: 775
Street Name: Gulf Shore
Street Suffix: Drive
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: Destin
Parcel ID: 00-2S-22-213J-0006-00A0
Property Features
Construction Status: Construction Complete
Project Facilities: BBQ Pit/Grill; Beach; Boat Launch; Gated Community; Golf; Marina; Picnic Area; Pool; Short Term Rental - Allowed; Tennis
Exterior: Balcony; Patio Open
Interior: Breakfast Bar; Floor Tile
Appliances: Dishwasher; Microwave; Refrigerator
Utilities: Community Water; Electric; Public Sewer; TV Cable
Energy: AC - Central Elect; Ceiling Fans
Bedroom: First
Kitchen: First
Rooms: Bedroom; Den; Kitchen
Room Information
Room Name Level Dimensions Length Width Dimensions
DenFirst10 x 1510.0015.0010 x 15
BedroomFirst10 x 1510.0015.0010 x 15
KitchenFirst6 x 86.008.006 x 8

Listing Office: RealJoy Realty LLC

Last Updated: November - 22 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.


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