NOT LISTED FOR SALE

501 Gulf Shore Dr Unit 9 Destin, FL 32541

Estimated Value: $411,000 - $560,000

2 Beds
2.5 Baths
1,501 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $279,900 $186 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,970/month

59 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Boat Slip
  • Destin Elementary School Rated A-
  • Parking available for a boat
  • In Ground Pool

About This Home

As of June 2020

Isla Blanca offers the best of both worlds...beach living with deep water access for boaters. This 19 unit complex is water front, with boat docks, and is just a short walk to the beach. This unit has water views from the living room and master bedrooms. You'll love the sight of boats traveling through the canals. In addition, a spacious balcony is perfect for relaxing and reading a book or enjoying a glass of wine. Complex has a large community pool that is perfect for lounging. Isla Blanca offers the finest of Island living to both permanent residents or second home owners.

Last Agent to Sell the Property

Niki Noblin

The Ketchersid Group LLC License #3032731 Listed on: 08/16/2019

Co-Listed By

Tim Shepard

Destin Real Estate License #3048016

Last Buyer's Agent

Tim Shepard

Destin Real Estate License #3048016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1975

Lot Details

  • 871 Sq Ft Lot
  • Home fronts a canal
  • Leasehold Lot

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking available for a boat

Home Design

  • Property Attached
  • Flat Roof Shape
  • Mansard Roof Shape
  • Flat Roof with Façade front
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,501 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Canal Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Boat Slip
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-126A-0000-0009

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management
  • Isla Blanca T/H Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Beach
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,872

Year Built

Built in 1975

Lot Details

0

HOA Fees

$208 per month

Parking

1

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Road Surface Type: Paved
  • Co List Office Mls Id: EWWW
  • Co List Office Phone: 850-259-4133
  • Subdivision Name: ISLA BLANCA T/H
  • Directions: Turn south from 98 onto Gulf Shore Dr. At the third stop sign take a right and townhome is first on the left. Isla Blanca is right across the street from Destin Pointe.
  • Architectural Style: Mansard
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1975
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Floor Vinyl, Floor WW Carpet New, Washer/Dryer Hookup
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions
  • Pool Features: Pool Type
  • View: Canal
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Construction Type: Roof Flat, Roof Membrane, Stucco
  • Exterior Features: Balcony, Boat Slip, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Boat, Other
  • Parking Features:Other3: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Boat: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Dock, Fishing, Leasehold, Pets Allowed, Pool, Waterfront
  • Association #2 Fee: 2500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Management

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 00-2S-24-126A-0000-0009
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2872.29
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2001
Sold by
Mcdaniel James C and Mcdaniel Sherry T
Bought by
Farmer Dennis F and Farmer Elmira J
Total Days on Market
59
Current Estimated Value
$478,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.49%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farmer Dennis F $210,000 Stewart Acquire Land Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundley Zachary Taylor $281,325
Closed Quigley Scott N $182,700
Closed Quigley Scott N $180,000
Closed Farmer Dennis F $50,000
Closed Farmer Dennis F $167,000
Closed Farmer Dennis F $170,050
Previous Owner Farmer Dennis F $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $279,900 0.0% $186 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $279,900 0.0% $186 / Sq Ft
05/01/2017 05/01/17 Rented $1,700 0.0% --
05/01/2017 05/01/17 Under Contract -- -- --
04/13/2017 04/13/17 For Rent $1,700 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,697 $272,197 -- --
2023 $2,697 $264,269 $0 $0
2022 $2,629 $256,572 $0 $0
2021 $2,062 $249,099 $145,000 $104,099
2020 $2,992 $239,099 $145,000 $94,099
2019 $2,889 $227,768 $145,000 $82,768
2018 $2,872 $223,688 $0 $0
2017 $2,830 $216,557 $0 $0
2016 $2,324 $183,917 $0 $0
2015 $2,365 $179,382 $0 $0
2014 $2,327 $169,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 829497

Emerald Coast Association of REALTORS®

APN: 00-2S-24-126A-0000-0009