502 Gulf Shore Dr Unit 205 Destin, FL 32541
Estimated payment $3,908/month
Highlights
- Beach
- Property fronts gulf or ocean
- Gated Community
- Destin Elementary School Rated A-
- Deeded access to the beach
- Wood Flooring
About This Home
Welcome to your slice of paradise at the Islander Condominium in Destin! Nestled in the heart of this vibrant coastal community, this 2 bed, 2 bath gem offers the ideal fusion of comfort and convenience.
Step into your gated retreat and be greeted by stunning gulf views and unforgettable sunsets, setting the stage for endless relaxation and rejuvenation. With amenities like two sparkling swimming pools, inviting hot tubs, and courts for both pickleball and tennis, every day is filled with opportunities for leisure and fun.
But the perks don't stop there - deeded beach access ensures that the pristine white sands and captivating Emerald waters are mere steps from your door. Whether you're seeking a second home or an investment opportunity in the thriving rental market, The Islander delivers the quintessential beach lifestyle you've been dreaming of.
Don't miss your chance to make this oasis your own - live the beach life to the fullest at The Islander Condominium!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,343
Year Built
- Built in 1981
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $799 Monthly HOA Fees
Home Design
- Stucco
Interior Spaces
- 987 Sq Ft Home
- Furnished
- Ceiling Fan
- Entrance Foyer
- Living Room
- Gulf Views
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-24-1300-0000-2050
Community Details
Overview
- Association fees include accounting, electricity, ground keeping, insurance, internet service, land recreation, management, utilities, recreational faclty, security, sewer, water, cable TV, trash
- Islander Condo Subdivision
- 7-Story Property
Amenities
- Community Barbecue Grill
- Laundry Facilities
- Elevator
Recreation
- Beach
- Community Pool
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,149 | $451,000 | -- | $451,000 |
| 2023 | $5,149 | $431,000 | $0 | $431,000 |
| 2022 | $3,896 | $346,000 | $0 | $346,000 |
| 2021 | $3,547 | $296,000 | $0 | $296,000 |
| 2020 | $3,141 | $251,000 | $0 | $251,000 |
| 2019 | $2,994 | $236,000 | $0 | $236,000 |
| 2018 | $2,517 | $196,000 | $0 | $0 |
| 2017 | $2,379 | $182,000 | $0 | $0 |
| 2016 | $2,364 | $182,000 | $0 | $0 |
| 2015 | $2,482 | $176,000 | $0 | $0 |
| 2014 | $2,363 | $165,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Price Changed | $500,000 | -9.9% | $507 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $555,000 | 0.0% | $562 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $555,000 | -3.5% | $562 / Sq Ft |
| 12/16/2024 12/16/24 | Off Market | $575,000 | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $575,000 | +0.9% | $583 / Sq Ft |
| 08/12/2022 08/12/22 | Sold | $570,000 | -1.6% | $578 / Sq Ft |
| 06/17/2022 06/17/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | For Sale | $579,000 | +118.5% | $587 / Sq Ft |
| 10/18/2021 10/18/21 | Off Market | $265,000 | -- | -- |
| 10/13/2020 10/13/20 | Off Market | $199,500 | -- | -- |
| 09/01/2017 09/01/17 | Sold | $265,000 | 0.0% | $268 / Sq Ft |
| 07/24/2017 07/24/17 | Pending | -- | -- | -- |
| 07/15/2017 07/15/17 | For Sale | $265,000 | +32.8% | $268 / Sq Ft |
| 02/05/2016 02/05/16 | Sold | $199,500 | 0.0% | $202 / Sq Ft |
| 01/05/2016 01/05/16 | Pending | -- | -- | -- |
| 12/28/2015 12/28/15 | For Sale | $199,500 | -- | $202 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $570,000 | Aqua Title Services | |
| Deed | $100 | None Listed On Document | |
| Warranty Deed | $265,000 | Aqua Title Svcs | |
| Warranty Deed | $199,500 | Attorney | |
| Quit Claim Deed | -- | Associated Land Title Group |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $455,399 | New Conventional | |
| Previous Owner | $200,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $159,600 | Adjustable Rate Mortgage/ARM |
Source: Emerald Coast Association of REALTORS®
MLS Number: 948846
APN: 00-2S-24-1300-0000-2050
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