


Listing Courtesy of: EMERALD COAST / Coldwell Banker Realty / Jacqueline "Jackie" Riel
775 Gulf Shore Drive 1045 Destin, FL 32541
Active (131 Days)
$365,000 (USD)
Description
MLS #:
986869
986869
Taxes
$2,630(2024)
$2,630(2024)
Type
Condo
Condo
Year Built
1976
1976
Views
Canal, Harbor
Canal, Harbor
County
Okaloosa County
Okaloosa County
Listed By
Jacqueline "Jackie" Riel, Coldwell Banker Realty
Source
EMERALD COAST
Last checked Feb 13 2026 at 8:53 PM GMT+0000
EMERALD COAST
Last checked Feb 13 2026 at 8:53 PM GMT+0000
Bathroom Details
- Full Bathroom: 1
Interior Features
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Microwave
- Refrigerator
- Stove/Oven Electric
- Dryer
- Washer
- Smoke Detector
- Smooth Stovetop Rnge
- Refrigerator W/Icemk
- Water Heater - Elect
- Water Heater - Tnkls
Subdivision
- Sandpiper Cove Ph 01
Heating and Cooling
- Central Air
- Gas
- Ceiling Fans
Homeowners Association Information
- Dues: $1979/Quarterly
Utility Information
- Utilities: Public Water, Tv Cable, Electric
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Location
Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Emerald Coast Association of REALTORS Last Updated: 2/13/26 12:53
Vendor Number:29098
Vendor Number:29098
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.