$5,926 Closing Credit¹
#970674, Dawn F Shoults, Listing office: The Premier Property Group
$495,000 List price
502 Gulf Shore Dr Unit 516 Destin, FL 32541
$5,878
Closing credit¹
2 beds
2 full
987 sqft
$502 / sqft
Condo
Property details
About 502 Gulf Shore Dr Unit 516
STUNNING VIEWS & GORGEOUS SUNSETS... from this completely remodeled ideal vacation investment or second home! Soothing coastal decor enhances the open living/dining area, all new furnishings, all new flooring, designer kitchen/granite countertops/stainless appliances/breakfast bar....spacious master with private bath/glass & tile shower/new stackable washer & dryer...oversized balcony overlooking not only the gulf but the many onsite amenities and extensive landscaping & gathering areas the ISLANDER readily offers! Sold fully furnished and turn key ready! DONT MISS THIS ONE!!! Currently managed by the onsite company, bookings for 2025 can transfer to the new owner...two pools (one heated), pickleball/tennis courts, 2 hot-tubs, beach...close to Destin restaurants/shopping, & the marina!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size987 sqft
Year built1984
MLS #971789
WaterfrontGulf
ViewGulf
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Refrigerator, Electric Oven
- Interior: Breakfast Bar
- Total Bedroom Count: 2
- Private Pool: No
- Waterfront: Gulf
- View: Gulf
- Exterior: Balcony
- Architectural Style: N/A
- Heating: Central
- Cooling: Central Air
- List Price: $495,000
- Price/SqFt: $501
- HOA Amount: $839 Monthly
- Annual Tax Amount: $4,079
- Tax Year: 2023
- Directions: Take highway 98 to Destin and turn south on Gulf Shore Drive onto Holiday Isle. The Islander is on the gulf side approximately 1.5 miles.
- Year Built: 1984
- Living Area: 987 SqFt
- MLS Number: 971789
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: simpliHOM
- Office Email: sherrysmith@simplihom.com
- Listing Agent: Sherry Smith
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: 6/5/2025, 8:40:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
502 Gulf Shore Dr Unit 516
$5,878
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 21, 2020 | Home Sold | $285,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $394,000 | $4,079 |
| 2022 | $319,000 | $3,527 |
| 2021 | $245,500 | $3,527 |
| 2020 | $229,000 | $3,048 |
| 2018 | $181,500 | $2,378 |
| 2017 | $165,000 | $2,156 |
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. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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 516
The listing price of 502 Gulf Shore Dr Unit 516 property is $495,000.
The property 502 Gulf Shore Dr Unit 516 is a condo located in Destin, Florida, 32541.
Active Listing: 502 Gulf Shore Dr Unit 516 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 502 Gulf Shore Dr Unit 516 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 $4,079 (source: MLS/based on county public records data).
The last sale was on September 21, 2020 for $285,000 (source: MLS/tax record).
The property at 502 Gulf Shore Dr Unit 516 has 2 bedrooms and 2 bathrooms.
The property 502 Gulf Shore Dr Unit 516 is 987 SqFt (source: MLS/tax record).
The year of construction for 502 Gulf Shore Dr Unit 516 is 1984.
This home is located at 502 Gulf Shore Dr Unit 516 in Destin, FL and zip code 32541. This 987 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $495,000.
While more than 5 listings in Destin, FL in May 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 38 were sold below. The inventory of homes for sale in Destin, FL between April and May 2025 increased by 7.2%. In May 2025 median list price was $601,100 and the average listing age was 113 days.
From Rocket Homes Real Estate and based on county public records data.