NOT LISTED FOR SALE

502 Gulf Shore Dr Unit 708 Destin, FL 32541

Estimated Value: $452,000 - $549,000

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

Last Sold October 16, 2023

Last sale price $595,000 $603 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,741/month

2 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Primary Bedroom Suite
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Main Floor Primary Bedroom

About This Home

As of October 2023

Against a backdrop of gorgeous views from the 7th (top) floor revel in this spacious 2 bedroom, 2 bath condo located in highly desired Islander. This is the condo you have been waiting for, situated on the best stretch of Destin's white sand beach, this property showcases incredible scenes of the beautiful Gulf of Mexico. 708 has some important upgrades such as HVAC, appliances, and hot water heater all have been replaced in the last five year along with high end Sugar Beach Interior furnishings. The Islander has tennis courts, 2 pools, 2 hot tubs, covered BBQ gazebo, exercise room. beautiful lobby, tennis/pickle ball courts and landscaping throughout the complex. This is the perfect investment opportunity as it is rental ready and most requested is the TOP floor!

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 10/02/2023

Keller Williams Realty Destin

Last Buyer's Agent

John Moran

Keller Williams Realty Destin Listed on: 10/02/2023

Keller Williams Realty Destin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $699 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 987 Sq Ft Home
  • Furnished
  • Plantation Shutters
  • Living Room
  • Dining Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Induction Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-1300-0000-7080

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, internet service, management, recreational faclty, security, sewer, water, trash
  • 126 Buildings
  • 126 Units
  • Islander Condo Ph 2 Subdivision

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,863

Year Built

Built in 1984

Lot Details

3 Acres

HOA Fees

$699 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ISLANDER CONDO PH 2
  • Directions: Heading West, turn left onto Gulf Shore Dr. Drive 1.4 miles and the Islander will be on your Left hand side.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1984
  • Remarks Misc:Remarks: Against a backdrop of gorgeous views from the 7th (top) floor revel in this spacious 2 bedroom, 2 bath condo located in highly desired Islander. This is the condo you have been waiting for, situated on the best stretch of Destin's white sand beach, this property showcases incredible scenes of the beautiful Gulf of Mexico. 708 has some important upgrades such as HVAC, appliances, and hot water heater all have been replaced in the last five year along with high end Sugar Beach Interior furnishings. The Islander has tennis courts, 2 pools, 2 hot tubs, covered BBQ gazebo, exercise room. beautiful lobby, tennis/pickle ball courts and landscaping throughout the complex. This is the perfect investment opportunity as it is rental ready and most requested is the TOP floor!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 126
  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Smooth Stovetop Rnge
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Plantation Shutters
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Laundry, Pavillion/Gazebo, Pool, Tennis
  • Association #2 Fee: 699.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Internet Service, Management, Recreational Faclty, Security, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-1300-0000-7080
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 126

Tax Info

  • Tax Annual Amount: 3862.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
Okaloosa County Teachers Fcu
Bought by
Larry Lynan Stewart and Larry Marilyn Leora
Current Estimated Value
$500,028
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Larry Lynan Stewart $100 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $595,000 -0.8% $603 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $600,000 -- $608 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $5,282 $446,000 -- $446,000
2024 $4,482 $456,000 -- $456,000
2023 $4,482 $436,000 $0 $436,000
2022 $3,863 $351,000 $0 $351,000
2021 $3,521 $301,000 $0 $301,000
2020 $3,120 $256,000 $0 $256,000
2019 $2,928 $241,000 $0 $241,000
2018 $2,581 $201,000 $0 $0
2017 $2,444 $187,000 $0 $0
2016 $2,429 $187,000 $0 $0
2015 $2,548 $181,000 $0 $0
2014 $2,430 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 933577

Emerald Coast Association of REALTORS®

APN: 00-2S-24-1300-0000-7080

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