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502 Gulf Shore Dr Unit 314, Destin, FL, 32541

$510,000

Home List Price

$6,056*

Closing Credit

2 Bedrooms
2 Full Baths
987 SqFt
$517/SqFt
Condo
Schools Nearby

Location

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502 Gulf Shore Dr Unit 314, Destin$510,000

Buyer Closing Credits

$6,056*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
CoolingCentral Air
ViewGulf, Lake
MLS #944494
StatusActive

About 502 Gulf Shore Dr Unit 314

This Destin, FL condo offers an exceptional living experience with its prime location and comprehensive amenities. Situated on the 3rd floor, this 2 bedroom, 2 bathroom unit comfortably accommodates 6 people, making it perfect for families or groups. It boasts unobstructed views of the Destin Pass, providing a picturesque backdrop for enjoying morning coffee or watching the stunning sunsets. The condo comes fully furnished and turnkey, ready to serve as a second home or a lucrative rental property with a strong history of occupancy. The Islander Resort enhances your stay with two pools (one heated in winter), two hot tubs, tennis and pickleball courts, a basketball half-court, shuffleboard, and a pavilion with BBQ grills. For added convenience, the resort features onsite management to assist with everything from cleaning to key handling. The recent upgrades to hurricane-proof windows and sliding doors ensure your safety and peace of mind. Located off the bustling highway 98, The Islander is a popular choice for guests seeking beach access, tennis, a seasonally heated pool, and more, all within a beautifully maintained property.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1984
  • Living Area: 987 SqFt

Listing Office:

  • Office Name: Beach Road Realty
  • Office Email: richard@eimersgroup.com
  • Listing Agent: Richard Eimers

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Ice Maker, Electric Oven

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Gulf, Lake
  • Exterior: Pool - Heated, Pool - In-Ground

Utilities

Utilities Information:

  • Cooling: 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: GPS friendly or Take Hwy 98 into the heart of Destin. From Hwy 98 head south on Gulf Shore Dr, The Islander resort is located 1.5 miles down on the gulf side on your left. Call for Gate Code

Price Information

Listing Price Info

Price Summary:

  • List Price: $510,000
  • Price Per SqFt: $517/SqFt

HOA Fees:

  • Amount: $799
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,775
  • 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 314 vs Destin

56 DAYS ON ROCKET

-29 Days

$510,000

-$148.1K Less

$517/SqFt

+$109 More

KEY TAKEAWAY

This property is $148.1K less than the Median Sold Price and $109/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: #944494

Listing Office:

  • Office Name: Beach Road Realty
  • Office Email: richard@eimersgroup.com
  • Listing Agent: Richard Eimers

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: 5/7/2024, 12:50:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,775$227,000
2018$2,351$179,300
2017$2,130$163,000

History based on county public records data.

Payment Calculator

$3,412

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,596

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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-7295258
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.30 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7295259
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.68 miles

  • Public District Grades 5-8

school-card-donut-7295260
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.36 miles

  • Public District Grades 3-8

High School

school-card-donut-7295261
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. The majority of Destin, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Gulf Shore Dr Unit 314

What is the listing price of this property?

The listing price of 502 Gulf Shore Dr Unit 314 property is $510,000.

What type of property is this?

The property 502 Gulf Shore Dr Unit 314 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 502 Gulf Shore Dr Unit 314 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 314 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 $2,775 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 502 Gulf Shore Dr Unit 314 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Gulf Shore Dr Unit 314 is 987 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Gulf Shore Dr Unit 314 is 1984.

Rocket Homes›Florida›Okaloosa County›Destin›32541›502 Gulf Shore Dr Unit 314

This home is located at 502 Gulf Shore Dr Unit 314 in Destin, FL and zip code 32541. This 987 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $510,000.

In April 2024 more than 7 listings in Destin, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 34 were sold below. The inventory of homes for sale in Destin, FL between March 2024 and April 2024 increased by 5.2%. In April 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $658,185.

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

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