6 months on rocket

502 Gulf Shore Dr Unit 105, Destin, FL, 32541

$482,877

Home List Price

$5,734*

Closing Credit

2 Bedrooms
2 Full Baths
987 SqFt
$489/SqFt
Condo

Location

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502 Gulf Shore Dr Unit 105, Destin$482,877

Buyer Closing Credits

$5,734*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1981
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewGulf
MLS #950482
StatusActive

About 502 Gulf Shore Dr Unit 105

**UPDATE... Price Drop... Plus all new Kitchen Appliances **Charming Coastal Retreat - Unit #105, Islanders Condominium, Destin, FL** Discover the perfect blend of comfort and convenience in Unit #105 at the Islanders Condominium. This immaculate, ground-floor unit offers the ultimate in accessibility, allowing you to step right out to beautifully maintained green spaces, with the beach and pool area just moments away. Forget about the hassle of elevators or stairs - enjoy the ease of direct access and nearby parking. Bathed in natural light, this bright and cheerful condo provides ample space for relaxation and entertaining. The unit features tasteful upgrades and is offered fully furnished and ready for Located in the vibrant heart of Destin, FL, known for its top-rated beaches and as a premier vacation destination, this condo promises an unmatched coastal living experience. The Islanders Condominium is celebrated for its pristine condition, well-tended grounds, and strong financial health. The building recently passed the SIRS inspection and is set for some fresh painting this fall, all within budget and with generous reserves. Friendly on-site management ensures a welcoming and hassle-free environment. The resort boasts a wide array of amenities designed to cater to both relaxation and adventure seekers. Enjoy two sparkling pools, with one heated year-round, and unwind in one of the two hot tubs. Stay active with access to a tennis court, four pickleball courts, a basketball half-court, and a mini gym. For those who love outdoor gatherings, the poolside pavilion with BBQ grills and tables is perfect for family and friends. The Islander also provides free beach service, including two beach chairs and an umbrella for each rental. Additionally, you can enjoy a game of shuffleboard or explore nearby kayak and paddleboard rentals. This condo is not just a delightful escape but also a savvy investment opportunity with strong rental income potential in one of the most sought-after locations in Destin. Dont miss your chance to own this slice of paradise. Schedule your private tour today and experience the exceptional lifestyle offered at Unit #105, Islanders Condominium.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: World Impact Real Estate
  • Office Email: rodney@worldimpactrealestate.info
  • Listing Agent: Shannon W Henley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Ice Maker, Electric Oven
  • Flooring Type: Tile, Vinyl
  • Interior: Owners Closet, Plantation Shutters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Patio Covered

Virtual/3D Tour

  • 3D Tour: 502 Gulf Shore Dr Unit 105
3D Tour

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Hwy 98 into the heart of Destin. Off Hwy 98 head south on Gulf Shore Dr, The Islander resort is located 1.5 miles down on the gulf side on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $482,877
  • Price Per SqFt: $489/SqFt

HOA Fees:

  • Amount: $799
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,128
  • 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

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

502 Gulf Shore Dr Unit 105 vs Destin

185 DAYS ON ROCKET

+122 Days

$482,877

-$150.3K Less

$489/SqFt

+$105 More

KEY TAKEAWAY

This property is $150.3K less than the Median Sold Price and $105/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: #950482

Listing Office:

  • Office Name: World Impact Real Estate
  • Office Email: rodney@worldimpactrealestate.info
  • Listing Agent: Shannon W Henley

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: 11/23/2024, 11:50:54 PM 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$3,128$250,000
2018$2,503$195,000
2017$2,366$181,000

History based on county public records data.

Payment Calculator

$3,277

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,514

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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.

Nearby Schools

school-card-donut-1083379
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.32 miles

  • Public District Grades PK-4

school-card-donut-1083380
5
/10

  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 6.33 miles

  • Public District Grades PK-5

school-card-donut-1083381
4
/10

  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 6.36 miles

  • Public District Grades PK-5

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. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Gulf Shore Dr Unit 105

What is the listing price of this property?

The listing price of 502 Gulf Shore Dr Unit 105 property is $482,877.

What type of property is this?

The property 502 Gulf Shore Dr Unit 105 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 502 Gulf Shore Dr Unit 105 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,128 (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 105 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Gulf Shore Dr Unit 105 is 987 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Gulf Shore Dr Unit 105 is 1981.

Rocket Homes›Florida›Okaloosa County›Destin›32541›502 Gulf Shore Dr Unit 105

This home is located at 502 Gulf Shore Dr Unit 105 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 22, 2024 and is currently priced at $482,877.

In October 2024 more than 0 listings in Destin, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 32 were sold below. The number of listings in Destin, FL increased by 4.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $633,205, while the average time on the real estate market was 63 days.

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

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