3 months on rocket

502 Gulf Shore Dr Unit 617, Destin, FL, 32541

$540,000

Home List Price

$6,413*

Closing Credit

2 Bedrooms
2 Full Baths
987 SqFt
$547/SqFt
Condo

Location

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502 Gulf Shore Dr Unit 617, Destin$540,000

Buyer Closing Credits

$6,413*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
WaterfrontOther, Gulf, Harbor
ViewHarbor, Gulf
MLS #952737
StatusActive

About 502 Gulf Shore Dr Unit 617

Spectacular Harbor & Gulf Views! Welcome to your dream beach getaway! This pristine condo features 2 bedrooms and 2 bathrooms, perched on the 6th floor, offering breathtaking vistas and sleeping six comfortably. From your balcony, marvel at the sight of boats navigating the East Pass and enjoy stunning, multicolored sunsets reflecting off Lake Christina and the Destin Pass. On special evenings, you can even watch a spectacular fireworks show right from your balcony! This condo exudes a festive atmosphere with tasteful upgrades and is offered fully furnished, making it completely TURNKEY. The well-maintained building features beautifully manicured grounds and is managed with exceptional fiscal responsibility.With a projected income of $56k, this condo is an investment opportunity also!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Email: roycewmitchell@gmail.com
  • Listing Agent: Jennifer C Rushing

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Ice Maker, Range
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Plantation Shutters, Renovated

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Gulf, Harbor
  • View: Harbor, Gulf
  • Exterior: Balcony, BBQ Pit/Grill, Pavillion/Gazebo

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: Heading West, turn left onto Gulf Shore Dr. Drive 1.4 miles and the Islander will be on your Left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $540,000
  • Price Per SqFt: $547/SqFt

HOA Fees:

  • Amount: $699
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,878
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$644.2K

Med. Price/SqFt

$402

Avg. Days On Market

85

# of Sold Homes

44

502 Gulf Shore Dr Unit 617 vs Destin

93 DAYS ON ROCKET

+8 Days

$540,000

-$104.2K Less

$547/SqFt

+$144 More

KEY TAKEAWAY

This property is $104.2K less than the Median Sold Price and $144/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: #952737

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Email: roycewmitchell@gmail.com
  • Listing Agent: Jennifer C Rushing

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: 9/21/2024, 12:50:55 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

Jun 20, 2019Home Sold
$274,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,878$230,000
2018$2,391$182,600
2017$2,169$166,000

History based on county public records data.

Payment Calculator

$3,462

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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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-311554
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.30 miles

  • Public District Grades PK-4

Middle School

school-card-donut-311555
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 4.68 miles

  • Public District Grades 5-8

school-card-donut-311556
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 6.36 miles

  • Public District Grades 3-8

High School

school-card-donut-311557
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 8.64 miles

  • Public District Grades 9-12

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. 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 617

What is the listing price of this property?

The listing price of 502 Gulf Shore Dr Unit 617 property is $540,000.

What type of property is this?

The property 502 Gulf Shore Dr Unit 617 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 502 Gulf Shore Dr Unit 617 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 617 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 $2,878 (source: MLS/based on county public records data).

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

The last sale was on June 20, 2019 for $274,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Gulf Shore Dr Unit 617 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Gulf Shore Dr Unit 617 is 987 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Gulf Shore Dr Unit 617 is 1984.

Rocket HomesFloridaOkaloosa CountyDestin32541502 Gulf Shore Dr Unit 617

This home is located at 502 Gulf Shore Dr Unit 617 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 June 19, 2024 and is currently priced at $540,000.

Destin, FL housing market in August 2024 saw over 5 listings sold above listed price, more than 4 sold at listed price and over 35 sold below. Between July 2024 and August 2024, Destin, FL real estate market has seen increase in the number of listings by 8.9%. Listings spent 85 days on the market in August 2024, and had a median list price of $644,200 during the same period.

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

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