8 months on rocket

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

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
987 SqFt
$506/SqFt
Condo

Location

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502 Gulf Shore Dr Unit 314, Destin$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral
WaterfrontGulf
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
  • Interior: Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf, Lake
  • Exterior: Balcony, BBQ Pit/Grill, Pool - Heated, Pool - In-Ground, Shower

Utilities

Utilities Information:

  • Heating: Central

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: $499,000
  • Price Per SqFt: $506/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

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

502 Gulf Shore Dr Unit 314 vs Destin

257 DAYS ON ROCKET

+194 Days

$499,000

-$134.2K Less

$506/SqFt

+$122 More

KEY TAKEAWAY

This property is $134.2K less than the Median Sold Price and $122/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: 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$2,775$227,000
2018$2,351$179,300
2017$2,130$163,000

History based on county public records data.

Payment Calculator

$3,357

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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.

Nearby Schools

school-card-donut-1029770
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.32 miles

  • Public District Grades PK-4

school-card-donut-1029771
5
/10

  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 6.33 miles

  • Public District Grades PK-5

school-card-donut-1029772
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. Typical income of Destin, FL residents is between $35k-100k annually. The most common type of family 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 314

What is the listing price of this property?

The listing price of 502 Gulf Shore Dr Unit 314 property is $499,000.

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 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 $499,000.

While more than 0 listings in Destin, FL in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 32 were sold below. The number of listings in Destin, FL increased by 4.8% between September 2024 and October 2024. Listings spent 63 days on the market in October 2024, and had a median list price of $633,205 during the same period.

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

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