$6,413 Closing Credit¹
#970185, Jennifer C Rushing, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
$555,000 List price
502 Gulf Shore Dr Unit 205 Destin, FL 32541
$6,591
Closing credit¹
2 beds
2 full
987 sqft
$562 / sqft
Condo
Property details
About 502 Gulf Shore Dr Unit 205
Welcome to your slice of paradise at the Islander Condominium in Destin! Nestled in the heart of this vibrant coastal community, this 2 bed, 2 bath gem offers the ideal fusion of comfort and convenience. Step into your gated retreat and be greeted by stunning gulf views and unforgettable sunsets, setting the stage for endless relaxation and rejuvenation. With amenities like two sparkling swimming pools, inviting hot tubs, and courts for both pickleball and tennis, every day is filled with opportunities for leisure and fun. But the perks dont stop there - deeded beach access ensures that the pristine white sands and captivating Emerald waters are mere steps from your door. Whether youre seeking a second home or an investment opportunity in the thriving rental market, The Islander delivers the quintessential beach lifestyle youve been dreaming of. Dont miss your chance to make this oasis your own - live the beach life to the fullest at The Islander Condominium!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size987 sqft
Year built1981
MLS #948846
WaterfrontGulf
ViewGulf
Summary
- Full Bathrooms: 2
- Appliances: Disposal, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Electric Oven
- Flooring Type: Hardwood, Tile
- Total Bedroom Count: 2
- Private Pool: No
- Waterfront: Gulf
- View: Gulf
- Exterior: Balcony
- Architectural Style: N/A
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $555,000
- Price/SqFt: $562
- HOA Amount: $799
- HOA Frequency: Monthly
- Annual Tax Amount: $5,148
- Tax Year: 2023
- Directions: From Highway 98, Turn South onto Gulf Shore Drive and continue along the road, stay straight at stop light and enter Holiday Isle, after the 2nd stop sign the The Islander will be on the left.
- Year Built: 1981
- Living Area: 987 SqFt
- MLS Number: 948846
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: The Premier Property Group Seacrest Office
- Office Email: barbara@premierfl.com
- Listing Agent: The Stephens Group
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$555,000
502 Gulf Shore Dr Unit 205
$6,591
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 16, 2022 | Home Sold | $570,000 |
| Sep 06, 2017 | Home Sold | $265,000 |
| Feb 08, 2016 | Home Sold | $199,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $431,000 | $5,148 |
| 2022 | $346,000 | $3,895 |
| 2021 | $296,000 | $3,895 |
| 2020 | $251,000 | $3,546 |
| 2018 | $196,000 | $2,516 |
| 2017 | $182,000 | $2,378 |
History based on county public records data.
Nearby schools
8
Destin Elementary School
Public District PK-4
1.3 mi
•630 Kelly St
5
Elliott Point Elementary School
Public District PK-5
6.3 mi
•301 Hughes St NE
4
Shalimar Elementary School
Public District PK-5
6.4 mi
•1350 Joe Martin Cir
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $111,932. The majority of Destin, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
0%
<35k
44%
35k-100k
25%
100k-200k
31%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
5%
Single, with Kids
36%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
20%
18-34 yrs old
56%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
College Football
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Express/Express For Men
BJs Wholesale Club
Stein Mart
Where do the neighbors go to eat?
Sonic
Panera
Cracker Barrel
What do the neighbors drive?
Kia
Infiniti
Lexus
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 502 Gulf Shore Dr Unit 205
The listing price of 502 Gulf Shore Dr Unit 205 property is $555,000.
The property 502 Gulf Shore Dr Unit 205 is a condo located in Destin, Florida, 32541.
Active Listing: 502 Gulf Shore Dr Unit 205 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 502 Gulf Shore Dr Unit 205 are: Destin Elementary School (GreatSchools Rating 8/10), Elliott Point Elementary School (GreatSchools Rating 5/10), Shalimar Elementary School (GreatSchools Rating 4/10), Destin Middle School (GreatSchools Rating 8/10), Northwest Florida Ballet Academie (GreatSchools Rating 10/10), Meigs Middle School (GreatSchools Rating 5/10), Choctawhatchee High School (GreatSchools Rating 4/10), Fort Walton Beach High School (GreatSchools Rating 5/10), Okaloosa Technical College and Choice High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $5,148 (source: MLS/based on county public records data).
The last sale was on August 16, 2022 for $570,000 (source: MLS/tax record).
The property at 502 Gulf Shore Dr Unit 205 has 2 bedrooms and 2 bathrooms.
The property 502 Gulf Shore Dr Unit 205 is 987 SqFt (source: MLS/tax record).
The year of construction for 502 Gulf Shore Dr Unit 205 is 1981.
This home is located at 502 Gulf Shore Dr Unit 205 in Destin, FL and zip code 32541. This 987 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2024 and is currently priced at $555,000.
Over 1 listings were sold over their listed price in March 2025 in Destin, FL. In the same period over 56 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Destin, FL between February and March 2025 increased by 15.8%. While the average time on the market in March 2025 was 122 days, the median list price was $615,000.
From Rocket Homes Real Estate and based on county public records data.