NOT LISTED FOR SALE

502 Gulf Shore Dr Unit 716 Destin, FL 32541

Estimated Value: $461,256 - $486,000

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

Last Sold January 24, 2022

Last sale price $449,000 $455 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,781/month

2 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Ceiling Fan
  • Destin Elementary School Rated A-
  • Central Heating and Cooling System
  • Dining Area

About This Home

As of January 2022

Enjoy beautiful views of the Gulf and the pass from this 7th story condo at The Islander! Where else can you find a 2 bedroom, 2 bath, fully furnished condo that is practically gulf front for under $450,000. The kitchen has been updated with granite countertops and a modern hardware. Plantation shutters have been installed in the bedrooms and in the kitchen. This condo is already on the rental program. Buy it now and enjoy the summer income! This one will go fast as it is the only one on the market, so call your realtor today!!

Last Agent to Sell the Property

Christoper Lawson

Realty ONE Group Emerald Coast License #3170007 Listed on: 01/07/2022

Realty ONE Group Emerald Coast

Last Buyer's Agent

Angela Lemke

Bastion Realty LLC License #3468190

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1983

Lot Details

  • 2

HOA Fees

  • $699 Monthly HOA Fees

Interior Spaces

  • 987 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-1302-0000-7160

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,834

Year Built

Built in 1983

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ISLANDER CONDO PH 2
  • Directions: Take Gulf Shore Drive to the Islander on the left side of the road.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1983
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 126
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 7
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • 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
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 699.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-1302-0000-7160
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 126

Tax Info

  • Tax Annual Amount: 2833.76
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Lemke Joseph D and Lemke Angela M
Bought by
Joseph And Angela Lemke Living Trust and Lemke
Current Estimated Value
$490,867
Source: Public Records

Range of Values:

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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
Joseph And Angela Lemke Living Trust $100 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Off Market $449,000 -- --
01/24/2022 01/24/22 Sold $449,000 0.0% $455 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $449,000 -- $455 / 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 $4,731 $396,000 -- $396,000
2023 $4,731 $396,000 $0 $396,000
2022 $3,532 $321,000 $0 $321,000
2021 $3,054 $247,500 $0 $247,500
2020 $2,834 $231,000 $0 $231,000
2019 $2,650 $216,000 $0 $216,000
2018 $2,405 $191,000 $0 $0
2017 $2,183 $167,000 $0 $0
2016 $2,169 $167,000 $0 $0
2015 $2,323 $164,000 $0 $0
2014 $2,282 $159,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 888574

Emerald Coast Association of REALTORS®

APN: 00-2S-24-1302-0000-7160