$190,000
SOLD MAR 18, 2013

502 Gulf Shore Dr Unit 215 Destin, FL 32541

2 Beds
2 Baths
987 Sq Ft
$520/mo HOA Fee

Recently Sold

$193 Per Sq Ft

35 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Furnished

About This Home

As of October 2020

This is a lovely unit facing west on the beach! The Islander property has just recently been renovated and has new elevators, new entrance, new paint, new window on gulf side, new tile outside and much, much more. Fabulous view of the sunset and west view of the Gulf of Mexico. The property features two pools, heated in the winter, two jacuzzi's, two tennis courts and shuffleboard. On site maintenance staff do a wonderful job keeping this property looking beautiful all year long! Stylishly updated and on the Islander Rental Program. Aprox $17,000 in rents for 2012.

Last Agent to Sell the Property

Pat Fisher

Pat T Fisher License #619744 Listed on: 01/15/2013

Last Buyer's Agent

Janette Klein

Scenic Real Estate License #577416

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,040

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean
  • Leasehold Lot

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • Oversized Parking

Home Design

  • Concrete Siding

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-1302-0000-2150

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, licenses/permits, management, master, security, services, sewer, water, cable TV, trash
  • Islander Condo Ph 2 Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Gated Community
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,040

Year Built

Built in 1984

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ISLANDER CONDO PH 2
  • Directions: Turn onto Gulf Shore Drive in front of Target store on Hwy 98. Go past two stop signs and Islander is on the beach side (left). Look for Sign.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Rooms:Balcony2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Fire Alarm/Sprinkler, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Furnished - All
  • Stories: 7
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Oversized
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Gated Community, Laundry, Leasehold, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 520.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Licenses/Permits, Management, Master Association, Security, Services, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-1302-0000-2150
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Mar 16, 2018
Sold by
Alverson Edgar J and Alverson Robin P
Bought by
Williams Donald S and Williams Kristy L
Seller's Agent
Blake Shorey
Christies International Real Estate Emerald Coast
Buyer's Agent
Dana Miller
Sea to Sea Realty Group
List Price
$235,500
Sold Price
$235,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$200,175
Outstanding Balance
$181,286
Interest Rate
6.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$267,261
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 Type Sale Price Title Company
Warranty Deed $235,500 H & S Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,175 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $65,580 Unknown
Previous Owner $80,000 Credit Line Revolving
Previous Owner $94,500 Unknown
Previous Owner $147,200 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $450,000 +58.5% $456 / Sq Ft
06/21/2021 06/21/21 Off Market $284,000 -- --
10/01/2020 10/01/20 Sold $284,000 0.0% $288 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $284,000 +20.6% $288 / Sq Ft
07/14/2019 07/14/19 Off Market $235,500 -- --
03/19/2018 03/19/18 Sold $235,500 0.0% $239 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
10/18/2017 10/18/17 For Sale $235,500 +23.9% $239 / Sq Ft
03/18/2013 03/18/13 Sold $190,000 0.0% $193 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $190,000 -- $193 / Sq Ft
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 $4,040 $391,000 -- $391,000
2023 $4,040 $391,000 $0 $391,000
2022 $3,489 $316,000 $0 $316,000
2021 $3,011 $242,500 $0 $242,500
2020 $2,828 $226,000 $0 $226,000
2019 $2,676 $211,000 $0 $211,000
2018 $2,338 $186,000 $0 $0
2017 $2,117 $162,000 $0 $0
2016 $2,104 $162,000 $0 $0
2015 $2,257 $159,000 $0 $0
2014 $2,215 $154,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 589389

Emerald Coast Association of REALTORS®

APN: 00-2S-24-1302-0000-2150