775 Gulf Shore Drive 1045, Destin, FL 32541

$365,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 629 Status: Active
Current Price: $365,000 List Date: 10/06/2025 Last Modified: 2/13/2026

Description

Investor alert! This 1BR/1BA end-unit canal-front condo with harbor access already has $30K+ on the books for 2026 and is still booking, offering immediate cash flow. Enjoy an extended waterfront deck with stunning sunrise and sunset views. Dock your boat right outside for a nominal fee with water and electric hookups. Located in a gated community, amenities include five pools, three hot tubs, a 9-hole par-3 golf course, tennis, pickleball, private beach access, and two on-site restaurants—one beachfront and one waterfront. A turnkey, proven income-producing coastal asset.

Supplements: =° Canal-Front Waterfront Income Producer - $30K+ Already Booked for 2026 Investor alert! This 1-bedroom, 1-bath end-unit canal-front, harbor-access condo is already delivering results with over $30,000 on the books for 2026 and still actively booking, offering immediate cash flow and strong forward revenue potential. Located in a private gated community, this prime waterfront unit sits directly on the canal with harbor access, providing the features vacationers actively seek. Guests enjoy stepping straight onto the extended deck overlooking the waterperfect for morning coffee at sunrise and breathtaking sunset views. Boating enthusiasts can dock right outside the condo for a nominal fee, complete with water and electric hookups, creating a rare and highly desirable rental advantage. Inside, modern upgrades include a tankless hot water heater for energy efficiency and long-term durability. The end-unit location enhances privacy and natural light, increasing both guest satisfaction and rental appeal. The community's extensive resort-style amenities continue to drive strong demand, offering five swimming pools, three hot tubs, a 9-hole par-3 golf course, six lighted tennis courts, pickleball courts, private beach access, and two on-site restaurantsone a casual beachfront favorite and the other a fine dining waterfront experience overlooking the harbor. With built-in 2026 revenue, direct canal frontage with harbor access, boating convenience, and a full suite of high-demand amenities, this turnkey property represents a rare opportunity to secure a proven, income-producing coastal asset that is already performing and still booking.

More Information MLS# 986869

Status Change Info

Status: Active

Contract Info

List Date: 2025-10-04 Current Price: $365,000 List Price: $365,000 List Price/SqFt: 580.29 Listing Board: Emerald Coast

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: SANDPIPER COVE PH 01 Parcel ID: 00-2S-22-213J-0001-00D0

General Property Info

Sub-Type: Condominium Design: N/A Apx SqFt(Htd/Cooled): 629 SqFt Source: Agent-Measured Bedrooms: 1 Full Baths: 1 Total Bathrooms: 1 Stories In Unit: 1 Stories in Building: 1 Unit Floors Above Ground: 1 Year Built: 1976 Immediate Occupancy: Yes Garage: No Carport: No Pool: Yes Pool Type: Community

Property Features

Construction Status: Construction Complete Waterfront: Canal Waterview: Canal; Harbor Project Facilities: BBQ Pit/Grill; Beach; Boat Launch; Dock; Dumpster; Fishing; Gated Community; Golf; Laundry; Marina; Pets Allowed; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront; Whirlpool Exterior: Balcony; Dock; Pool - In-Ground; Tennis Court Interior: Furnished - All; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; AC - Central Gas; Ceiling Fans; Insulated Doors; Water Heater - Elect; Water Heater - Tnkls Master Bedroom: First Living Room: First Rooms: Dining Room; Living Room; Master Bedroom Financing: Conventional; FHA; VA Fees Include: Accounting; Electricity; Ground Keeping; Internet Service; Recreational Faclty; Security; Trash; TV Cable; Water Existing Leases: 0 - 6 Months

Room Information

Master Bedroom Level: First Dimensions: 13 x 9 Length: 13.00 Width: 9.00 Dimensions: 13 x 9 Living Room Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Dining Room Level: First Dimensions: 10 x 9 Length: 10.00 Width: 9.00 Dimensions: 10 x 9
Listing Office: Coldwell Banker Realty
Last Updated: February - 13 - 2026
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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