5 months on rocket

502 Gulf Shore Dr Unit 505, Destin, FL, 32541

$524,900

Home List Price

$6,233*

Closing Credit

2 Bedrooms
2 Full Baths
987 SqFt
$532/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

502 Gulf Shore Dr Unit 505, Destin$524,900

Buyer Closing Credits

$6,233*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1981
HeatingCentral
CoolingCeiling Fan(s), Central Air
ViewHarbor, Gulf
MLS #936664
StatusActive

About 502 Gulf Shore Dr Unit 505

Captivating Gulf View Condo in Destin with Unparalleled Sunset Views Discover the view youve been dreaming of in this 2-bedroom Gulf view condo, perfectly positioned to capture the most breathtaking sunsets. This exceptional opportunity is not to be missed, whether youre looking for a second home or an investment property with a track record of repeat guests. The spacious interior features maintenance-free wood floor tile, creating a hassle-free environment that allows you to focus on what matters most. With an abundance of room for entertaining, this condo is designed for both comfort & relaxation. Step onto your private balcony and indulge in front-row seating for the stunning Emerald Coast sunsets. From this vantage point, you can also watch boats navigating the waters of of the Destin East Pass and the Gulf of Mexico, adding a touch of maritime charm to your daily views. The amenities at your disposal are nothing short of extraordinary. Enjoy the luxury of two sparkling swimming pools, hot tubs, pickleball and tennis courts, providing endless opportunities for recreation and relaxation. As an added bonus, The Islander guarantees deeded beach access, ensuring that the pristine white sand and mesmerizing Emerald waters are just steps away. This feature enhances the propertys appeal, making it an ideal choice for those seeking uninterrupted beach visits. Whether you envision this condo as your perfect second home or a lucrative rental investment, its combination of location, amenities, and breathtaking views make it a rare find in the desirable Destin area. Dont let this opportunity slip awayschedule a viewing today and make this piece of paradise your own.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Century 21 Allpoints Realty
  • Office Phone: (850) 837-7800
  • Listing Agent: Chelsea D Groves, Monica Mares

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Oven
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Owners Closet, Pantry, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Harbor, Gulf
  • Exterior: Balcony, Patio Covered

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: 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 The Islander will be down on your left before the curve at Destin Pointe.

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,900
  • Price Per SqFt: $532/SqFt

HOA Fees:

  • Amount: $699
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,092
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

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 505 vs Destin

174 DAYS ON ROCKET

+89 Days

$524,900

-$133.2K Less

$532/SqFt

+$124 More

KEY TAKEAWAY

This property is $133.2K less than the Median Sold Price and $124/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: #936664

Listing Office:

  • Office Name: Century 21 Allpoints Realty
  • Office Phone: (850) 837-7800
  • Listing Agent: Chelsea D Groves, Monica Mares

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, 9:20:40 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$3,092$254,000
2018$2,555$199,000
2017$2,418$185,000

History based on county public records data.

Payment Calculator

$3,386

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-7421250
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.30 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7421251
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.68 miles

  • Public District Grades 5-8

school-card-donut-7421252
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.36 miles

  • Public District Grades 3-8

High School

school-card-donut-7421253
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. Typical income of Destin, FL residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Gulf Shore Dr Unit 505

What is the listing price of this property?

The listing price of 502 Gulf Shore Dr Unit 505 property is $524,900.

What type of property is this?

The property 502 Gulf Shore Dr Unit 505 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 502 Gulf Shore Dr Unit 505 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 505 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 $3,092 (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 505 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Gulf Shore Dr Unit 505 is 987 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Gulf Shore Dr Unit 505 is 1981.

Rocket Homes›Florida›Okaloosa County›Destin›32541›502 Gulf Shore Dr Unit 505

This home is located at 502 Gulf Shore Dr Unit 505 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 November 15, 2023 and is currently priced at $524,900.

Over 7 listings were sold over their listed price in April 2024 in Destin, FL. In the same period over 34 listings were sold below the listed price and 7 listings were sold for the listed price. Between March 2024 and April 2024, Destin, FL real estate market has seen increase in the number of listings by 5.2%. 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.

More Resources