NOT LISTED FOR SALE

502 Gulf Shore Dr Unit 518 Destin, FL 32541

Estimated Value: $442,114 - $483,000

2 Beds
2 Baths
987 Sq Ft
$494/mo HOA Fee

Last Sold July 28, 2012

Last sale price $217,000 $220 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,385/month

172 Days on Market

Highlights

  • Beach
  • Parking available for a boat
  • Deeded access to the beach
  • Destin Elementary School Rated A-
  • Property fronts gulf or ocean
  • Spa

About This Home

As of July 2012

OWNER SAYS SELL NOW! Top rental, producing over 30K. Location, Location.. Vacation Rental Beachfront Condo Destin Fl. This unit has fabulous views of the Destin East Pass (where all of the boats come in and out ),the jetties, pool, spa and of course, the Gulf with breathtaking sunsets from the covered patio. (518 is the end unit on a high floor). This condo is located on exclusive Holiday Isle. Close to restaurants, golf, shopping, fishing and amusement parks. NOT A SHORT SALE!

Last Agent to Sell the Property

Pat Fisher

Pat T Fisher License #619744 Listed on: 01/03/2012

Last Buyer's Agent

Paul Shorey

ERA American Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,049

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean
  • Leasehold Lot

HOA Fees

  • $494 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dressing Area
  • 2 Full Bathrooms

Home Security

Parking

  • Oversized Parking
  • Guest Parking
  • Parking available for a boat
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-1302-0000-5180

Community Details

Overview

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

Amenities

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,049

Year Built

Built in 1984

Lot Details

0

HOA Fees

$494 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ISLANDER CONDO PH 2
  • Directions: Turn onto Gulf Shore Drive at the intersection in front of the Target Store on Hwy 98. Once you turn follow Gulf Shore drive onto Holiday Isle. Go past two stop signs and the Islander will be on the r
  • 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
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar
  • 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
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block
  • Exterior Features: Balcony, Hot Tub, Patio Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Hot Tub: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Boat, Guest, Oversized, RV, Other
  • Parking Features:Other3: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Boat: Yes
  • Parking Features:RV: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Gated Community, Laundry, Leasehold, Picnic Area, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 494.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-24-1302-0000-5180
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2009
Sold by
Nassis Richard
Bought by
Harris Rachel S
Current Estimated Value
$469,779

Purchase Details

Closed on
Nov 23, 2004
Sold by
Harris Richard C and Harris Rachel S
Bought by
Harris Richard C

Purchase Details

Closed on
Jun 9, 2004
Sold by
Okaloosa County
Bought by
Harris Richard C and Harris Rachel S
Source: Public Records

Range of Values:

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Sold Price
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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
Harris Rachel S $5,000 None Available
Harris Richard C $920 --
Harris Richard C -- Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Richard C $232,800
Previous Owner Harris Richard C $29,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $217,000 -- --
07/28/2012 07/28/12 Sold $217,000 0.0% $220 / Sq Ft
06/23/2012 06/23/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $217,000 -- $220 / 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 $4,049 $394,000 -- $394,000
2023 $4,049 $394,000 $0 $394,000
2022 $3,500 $319,000 $0 $319,000
2021 $3,023 $245,500 $0 $245,500
2020 $2,804 $229,000 $0 $229,000
2019 $2,622 $214,000 $0 $214,000
2018 $2,378 $189,000 $0 $0
2017 $2,156 $165,000 $0 $0
2016 $2,143 $165,000 $0 $0
2015 $2,296 $162,000 $0 $0
2014 $2,256 $157,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Pat Fisher

    Pat T Fisher

    (850) 865-8589

    9 Total Sales

    Pat Fisher
    Section Image

  • P

    Buyer's Agent in 2012

    Paul Shorey

    ERA American Real Estate

  • -

    Buyer's Agent in 2012

    - Ecn.rets.e5612

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 564120

Emerald Coast Association of REALTORS®

APN: 00-2S-24-1302-0000-5180

Florida Okaloosa County Destin 32541

502 Gulf Shore Dr Unit 518, Destin, FL

This home is located at 502 Gulf Shore Dr Unit 518, Destin, FL 32541 since 03 January 2012 and is currently estimated at $469,779, approximately $475 per square foot. This property was built in 1984. 502 Gulf Shore Dr Unit 518 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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