NOT LISTED FOR SALE

502 Gulf Shore Dr Unit 615 Destin, FL 32541

Estimated Value: $451,291 - $488,000

2 Beds
2 Baths
987 Sq Ft
$699/mo HOA Fee

Last Sold May 06, 2022

Last sale price $483,000 $489 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,684/month

13 Days on Market

Highlights

  • Lake Front
  • Beach
  • Gated Community
  • Destin Elementary School Rated A-
  • Gulf View
  • Furnished

About This Home

As of May 2022

NEXT AVAIL SHOWING TIME: 4/19 4:00 pm to 4/20 3:00 pm.
Welcome home to the gorgeous Gulf views of Islander #615! Updated and fully furnished, this turnkey 2 BD/2 BA unit sleeps 6 and has recently been upgraded from Silver to Gold pricing level with the on-site management company. Enjoy the views of the boats going out the East Pass while sipping your morning coffee; watch the sunset over the Gulf and Lake Christina, see dolphins playing in the afternoon, and on Thursday summer nights, watch the Harbor Walk fireworks show from your balcony! Updates in 2021 include a new A/C unit with warranty, LVP flooring, master bedroom furniture and new dishwasher. This unit is on the 6th floor of The Islander, a 7 story, resort-style, gated community, featuring 2 heated pools, 2 hot tubs, 5 pickle ball & tennis courts, basketball, and grills under a large gazebo area. This unit part of the Islander rental program which includes 24-hour front desk service during most of year, on-site cleaning and laundry, and even a linen and beach towel exchange program. There is private beach access plus beach chair service of 2 chairs and an umbrella, plus kayak and paddle board rental are available. Wifi is included in the program. The Islander also provides plenty of entertainment during the summer, with face painting, balloon animals, music, a zoo show, and painting on the beach. Current rentals must be honored or moved by the property manage

Last Agent to Sell the Property

Pam Ludwig

Coldwell Banker Realty License #3531901 Listed on: 04/09/2022

Coldwell Banker Realty

Last Buyer's Agent

Haley Hallberg

30A Local Real Estate License #3484489

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,039

Year Built

  • Built in 1984

Lot Details

  • Lake Front
  • Property fronts gulf or ocean

HOA Fees

  • $699 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Interior Spaces

  • 987 Sq Ft Home
  • Furnished
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Plantation Shutters
  • Living Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-1302-0000-6150

Community Details

Overview

  • Association fees include ground keeping, insurance, internet service, management, sewer, telephone, water, cable TV, trash
  • 127 Buildings
  • 127 Units
  • Islander Condo Ph 2 Subdivision
  • 7-Story Property

Amenities

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

Recreation

  • Beach
  • Community Pool
  • Community Whirlpool Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,039

Year Built

Built in 1984

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ISLANDER CONDO PH 2
  • Directions: From Harbor Blvd, turn south on Gulf Shore Drive. Follow around curve and turn Left into 502 Gulf Shore Drive, The Islander.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1984
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterfront:GulfPass: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 127
  • Appliances: Dishwasher, Disposal, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Crwn Molding, Elevator, Floor Tile, Furnished - All, Owner's Closet, Plantation Shutters, Woodwork Painted
  • Stories: 7
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Waterfront Features: Gulf, Gulf/Pass, Lake
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Laundry, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 699.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Internet Service, Management, 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-24-1302-0000-6150
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 127

Tax Info

  • Tax Annual Amount: 3038.69
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 6, 2022
Sold by
Destination Home Properties Ii Llc
Bought by
Sawdust Joe Inc
Seller's Agent
Pam Ludwig
Coldwell Banker Realty
Buyer's Agent
Haley Hallberg
30A Local Real Estate
List Price
$483,000
Sold Price
$483,000
Current Estimated Value
$476,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,427
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Aug 27, 2021
Sold by
Ludwig Pamela and Ludwig Robert J
Bought by
Destination Home Properties Ii Llc

Purchase Details

Listed on
Oct 28, 2015
Closed on
Apr 25, 2016
Sold by
Bienvenu Ii Thomas H and Bienvenu Myra O
Bought by
Leibfried Pamela J and Ludwig Robert J
Seller's Agent
Stephen Parish
First Gulf Realty LLC
Buyer's Agent
Jeremy Fretwell
Keller Williams Realty FWB
List Price
$222,000
Sold Price
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$177,600
Interest Rate
3.68%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Sawdust Joe Inc $483,000 Emerald Coast Title Services
Destination Home Properties Ii Llc -- Emerald Coast Title Svcs Llc
Leibfried Pamela J $222,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leibfried Pamela J $177,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Off Market $483,000 -- --
05/06/2022 05/06/22 Sold $483,000 0.0% $489 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $483,000 +117.6% $489 / Sq Ft
06/23/2019 06/23/19 Off Market $222,000 -- --
04/25/2016 04/25/16 Sold $222,000 0.0% $225 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $222,000 -- $225 / 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 $4,719 $395,000 -- $395,000
2023 $4,719 $395,000 $0 $395,000
2022 $3,856 $320,000 $0 $320,000
2021 $3,039 $246,500 $0 $246,500
2020 $2,819 $230,000 $0 $230,000
2019 $2,636 $215,000 $0 $215,000
2018 $2,392 $190,000 $0 $0
2017 $2,169 $166,000 $0 $0
2016 $2,156 $166,000 $0 $0
2015 $2,309 $163,000 $0 $0
2014 $2,269 $158,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Ludwig

    Seller's Agent in 2022

    Pam Ludwig

    Coldwell Banker Realty

    (720) 333-5063

    2 in this area

    32 Total Sales

    Pam Ludwig
    Section Image

  • H

    Buyer's Agent in 2022

    Haley Hallberg

    30A Local Real Estate

    (850) 803-1087

    4 in this area

    31 Total Sales

    Haley Hallberg
    Section Image

  • S

    Seller's Agent in 2016

    Stephen Parish

    First Gulf Realty LLC

  • Jeremy Fretwell

    Buyer's Agent in 2016

    Jeremy Fretwell

    Keller Williams Realty FWB

    (850) 830-3008

    1 in this area

    54 Total Sales

    Jeremy Fretwell
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 895336

Emerald Coast Association of REALTORS®

APN: 00-2S-24-1302-0000-6150

Florida Okaloosa County Destin 32541

502 Gulf Shore Dr Unit 615, Destin, FL

This home is located at 502 Gulf Shore Dr Unit 615, Destin, FL 32541 since 09 April 2022 and is currently estimated at $476,573, approximately $482 per square foot. This property was built in 1984. 502 Gulf Shore Dr Unit 615 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

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