11 days on rocket

502 Gulf Shore Dr Unit 205, Destin, FL, 32541

$575,000

Home List Price

$6,828*

Closing Credit

2 Bedrooms
2 Full Baths
987 SqFt
$583/SqFt
Condo
Schools Nearby

Location

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502 Gulf Shore Dr Unit 205, Destin$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1981
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewGulf
MLS #948846
StatusActive

About 502 Gulf Shore Dr Unit 205

Welcome to your slice of paradise at the Islander Condominium in Destin! Nestled in the heart of this vibrant coastal community, this 2 bed, 2 bath gem offers the ideal fusion of comfort and convenience. Step into your gated retreat and be greeted by stunning gulf views and unforgettable sunsets, setting the stage for endless relaxation and rejuvenation. With amenities like two sparkling swimming pools, inviting hot tubs, and courts for both pickleball and tennis, every day is filled with opportunities for leisure and fun. But the perks dont stop there - deeded beach access ensures that the pristine white sands and captivating Emerald waters are mere steps from your door. Whether youre seeking a second home or an investment opportunity in the thriving rental market, The Islander delivers the quintessential beach lifestyle youve been dreaming of. Dont miss your chance to make this oasis your own - live the beach life to the fullest at The Islander Condominium!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1981
  • Living Area: 987 SqFt

Listing Office:

  • Office Name: The Premier Property Group Watercolor Office
  • Office Email: b.schott@att.net
  • Listing Agent: The Stephens Group

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Electric Oven
  • Flooring Type: Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Highway 98, Turn South onto Gulf Shore Drive and continue along the road, stay straight at stop light and enter Holiday Isle, after the 2nd stop sign the The Islander will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $583/SqFt

HOA Fees:

  • Amount: $799
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,141
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

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Destin, FL

City

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

502 Gulf Shore Dr Unit 205 vs Destin

11 DAYS ON ROCKET

-74 Days

$575,000

-$83.1K Less

$583/SqFt

+$175 More

KEY TAKEAWAY

This property is $83.1K less than the Median Sold Price and $175/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #948846

Listing Office:

  • Office Name: The Premier Property Group Watercolor Office
  • Office Email: b.schott@att.net
  • Listing Agent: The Stephens Group

IDX Information Deemed Reliable but not guaranteed. 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 08, 2016Home Sold
$199,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,141$251,000
2018$2,516$196,000
2017$2,379$182,000

History based on county public records data.

Payment Calculator

$3,736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4075852
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.30 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4075853
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.68 miles

  • Public District Grades 5-8

school-card-donut-4075854
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.36 miles

  • Public District Grades 3-8

High School

school-card-donut-4075855
6
/10

  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 8.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,932. Most Destin, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Gulf Shore Dr Unit 205

What is the listing price of this property?

The listing price of 502 Gulf Shore Dr Unit 205 property is $575,000.

What type of property is this?

The property 502 Gulf Shore Dr Unit 205 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 502 Gulf Shore Dr Unit 205 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 502 Gulf Shore Dr Unit 205 are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,141 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 8, 2016 for $199,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Gulf Shore Dr Unit 205 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Gulf Shore Dr Unit 205 is 987 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Gulf Shore Dr Unit 205 is 1981.

Rocket Homes›Florida›Okaloosa County›Destin›32541›502 Gulf Shore Dr Unit 205

This home is located at 502 Gulf Shore Dr Unit 205 in Destin, FL and zip code 32541. This 987 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $575,000.

While more than 7 listings in Destin, FL in April 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 34 were sold below. The number of listings in Destin, FL increased by 5.2% between March 2024 and April 2024. While the average time on the market in April 2024 was 85 days, the median list price was $658,185.

From Rocket Homes Real Estate and based on county public records data.

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