111 GULF WINDS COURT, #111, Destin, FL, 32541 | $350,000

Positioned in one of Destin’s highest-demand vacation corridors, this updated Holiday Isle condo offers an exceptional opportunity for short-term rental income, second-home ownership, or hybrid personal/investment use. Located near both the Gulf beaches and Destin Harbor, the property benefits from the walkability and lifestyle amenities vacation guests actively seek when booking along the Emerald Coast.

The 2-bedroom, 2-bath layout is highly functional for rental occupancy, featuring an open living area, updated coastal finishes, durable flooring, recessed lighting, breakfast bar seating, and an owner’s closet for streamlined property management. The turnkey feel and low-maintenance ownership profile make it attractive for both self-managed and professionally managed vacation rental programs.

Holiday Isle continues to outperform many surrounding areas due to its unique blend of beach access, boating lifestyle, harbor proximity, fishing charters, waterfront dining, and entertainment options. Guests can easily enjoy beaches by day and harbor nightlife by evening without leaving the immediate area.

With strong year-round tourism demand in Destin and broad buyer appeal for furnished coastal properties, this residence presents an attractive option for investors seeking lifestyle enjoyment combined with income-producing potential.

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 3
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: NAUTICAL WAY
  • Year Built: 1983
  • Common Charge: $875 Monthly
  • Approx Sq. Feet: 840
  • Acreage: 0.65
  • Est. Taxes: $3,671
  • Lot Desc: Flood Insurance Required, Near Marina, Sidewalk
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • MLS#: TB8511801
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/TB8511801/111gulfwindscourt_destin_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/27/2026 8:34:57 PM)
Listing courtesy of Real Broker, LLC   Phone: 855-450-0442

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NMLS Mortgage Loan Originator ID 16953

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111 GULF WINDS COURT, #111, Destin, FL, 32541

$350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.933%
Monthly Tax Payment $306 $306 $306
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,679 $1,747 $2,325
Total Monthly Payment $2,060 $2,128 $2,706

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.