515 Beach Dr, Destin, FL 32541

$460,000
3
BD
2
BA
2,199
SqFt

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Sold Price
$460,000
List Price
$598,000
Closing Date
Apr 06, 2026
Days on Market
61
MLS#
994498
Status
CLOSED
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
3
Bathrooms
2
Full Bathrooms
2
Living Area
2,199
Lot Size
22,215
Neighborhood
Destin Northwest

Property Description

This 1973 cinderblock home offers a unique opportunity for buyers seeking space, flexibility, and future potential. The property was thoughtfully expanded over the years, combining the original structure (located south of the kitchen) with a later addition to create a larger footprint. Situated across two lots, this property presents excellent possibilities — whether as a renovation project, a rental investment, or a site for building two new homes in the future. While the home reflects its age and will require updates and repairs, it was occupied less than two years ago and provides a solid starting point for the right buyer with vision. The sellers are unable to verify the condition or age of major systems and features, including the roof and HVAC. The HVAC is currently not operational however, there are no known active roof leaks. The property also includes multiple storage structures  a shed with lean-to storage on both sides, a boat barn with additional side storage, and another separate shed  offering ample space for tools, equipment, or hobbies. The sellers are actively cleaning and clearing both the interior and exterior, and the condition is improving daily. Listing photos were taken prior to much of this cleanup. The primary value lies in the land and its development potential, but the existing home remains in place to provide buyers with options. The property is being sold AS IS, with the sellers also offering the option to demolish and remove the home for an additional $15,000 if desired. This is an excellent opportunity for investors, builders, or buyers looking to create something new in a versatile and spacious setting.

Additional Information

Acres
0.51
Appliances
Electric Water Heater
Style
Ranch
Elementary School
Destin
Exterior Features
Irrigation Pump, Outdoor Shower, Storage
High School
Destin
Interior Features
Breakfast Area, Beamed Ceilings, Fireplace(s), Split Bedroom, Paneled Walls
Legal Description
Resub Of Kellys Add To Destin Lots 11 & 12 Blk 9
Lot Features
Irregular Lot, Level, Sidewalks, Will Divide
Middle School
Destin
Neighborhood
Destin Northwest
Stories
1
Subdivision
Resub Of Kellys Add To Destin
Year Built
1973
Zoning
City, Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Real Estate Professionals of Destin Inc. Selling Office: .

Vendor Member Number : 28166