5 Calhoun Ave Unit UNIT 203, Destin, FL 32541

Property Description

The Owner is motivated to sell! Price reduced to $775,000. Located in Destin's exclusive Sides Moreno Point West, enjoy 180° views of Crab Island, East Pass, and the Gulf from your 240 sq ft balcony—large enough for sectional seating, al fresco dining, and sunbathing. The freshly painted 2,196 sq ft interior features 10' ceilings, crown molding, and an open layout ideal for entertaining. The 3BR/3BA waterfront residence is a boater's dream—complete with a 30' deeded boat slip with a 16k lb lift and separate jet ski lift. (Both the lifts are being outfitted with all new pilings, and the special assessment for marina upgrades has been paid in full.) Read on to discover how this rare offering blends effortless boating with coastal luxury: Crafted for those drawn to the water, this light-filled condo provides direct access to Destin Harbor, Choctawhatchee Bay, and the Gulf. Fish from the dock, paddle into tranquil waters, or head offshore, it's all at your doorstep. Inside, expansive countertops, a breakfast bar, and wet bar make entertaining easy, while the primary suite features balcony access, a jetted tub, separate shower, dual vanities, and a large walk-in closet. Lovingly maintained by its original owner as a primary residence since 2004, the home is a blank canvas ready to reflect your personal style. Sides Moreno Point West is a rental-restricted, low-density community of just 44 units offering peace, quiet, and security with only one tenant allowed per every 30 days. The building has successfully completed its Structural Integrity Reserve Study (SIRS), is very well-managed by a proactive Board, and maintains ample reserves. Notably, the Board has reduced insurance premiums by approximately $100,000 over the past two years. Residents enjoy gated entry, covered parking, paddleboard/kayak storage, private storage unit, BBQ area, and a beautifully landscaped waterfront pool. Building-wide fiber optic has been recently installed and each unit enjoys high speed, private WiFi and streaming DirecTV's "Choice" package. (See documents for channel lineups.) This is Destin living at its most refined. The Board approved a reduction in the montly Association assessment from $1,700/month to $1,590/month effective 01/01/26. The boat slip owner's assessment is $1,000/quarter as of 01/01/26.