Skip main navigation
For sale
    • Price cut: $5K (7/30)
    $392,877

    502 Gulf Shore Dr Unit 114, Destin, FL 32541

    2beds
    987sqft
    : 
    $2,644/mo
    Get pre-qualified
    Condominium
    Built in 1984
    -- sqft lot
    $372,500 Zestimate®
    $398/sqft
    $-- HOA

    What's special

    Tennis courtBasketball half-courtImmaculate ground-floor unitBathed in natural lightPristine conditionNew appliancesGame of shuffleboard
    **Charming Coastal Retreat - Unit #114, Islanders Condominium, Destin, FL** Discover the perfect blend of comfort and convenience in Unit #114 at the Islanders Condominium. This immaculate, ground-floor unit offers the ultimate in accessibility, allowing you to step right out to beautifully maintained green spaces, with the beach and pool area just moments away. Forget about the hassle of elevators or stairs - enjoy the ease of direct access and nearby parking. Bathed in natural light, this bright and cheerful condo provides ample space for relaxation and entertaining. The unit features tasteful upgrades, New Appliances and is offered fully furnished. Located in the vibrant heart of Destin, FL, known for its top-rated beaches and as a premier vacation destination, this condo promises an unmatched coastal living experience. The Islanders Condominium is celebrated for its pristine condition, well-tended grounds, and strong financial health. The building recently passed the SIRS inspection and is set for some fresh painting this fall, all within budget and with generous reserves. Friendly on-site management ensures a welcoming and hassle-free environment. The resort boasts a wide array of amenities designed to cater to both relaxation and adventure seekers. Enjoy two sparkling pools, with one heated year-round, and unwind in one of the two hot tubs. Stay active with access to a tennis court, four pickleball courts, a basketball half-court, and a mini gym. For those who love outdoor gatherings, the poolside pavilion with BBQ grills and tables is perfect for family and friends. The Islander also provides free beach service, including two beach chairs and an umbrella for each rental. Additionally, you can enjoy a game of shuffleboard or explore nearby kayak and paddleboard rentals. This condo is not just a delightful escape but also a savvy investment opportunity with strong rental income potential in one of the most sought-after locations in Destin. Don't miss your chance to own this slice of paradise. Schedule your private tour today and experience the exceptional lifestyle offered at Unit #114, Islanders Condominium ***BONUS...... A 70 Day 2026 booking is already on the Books!!! Future Booking is transferable to buyer; however, dates and terms are subject to guest cancellations.
    446 days
    |
    324
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon W Henley 850-217-4530,

    World Impact Real Estate

    Source: ECAOR,MLS#: 976588MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom
      • Level: First
      • Area: 136.85 Square Feet
      • Dimensions: 11.5 x 11.9
      Primary bathroom
      • Level: First
      • Area: 162 Square Feet
      • Dimensions: 13.5 x 12
      Other
      • Level: First
      • Area: 102 Square Feet
      • Dimensions: 13.6 x 7.5
      Kitchen
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Level: First
      • Area: 319.7 Square Feet
      • Dimensions: 23 x 13.9
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Electric Water Heater
      Features
      • Owner's Closet
      • Flooring: Tile, Vinyl
      • Windows: Double Pane Windows, Plantation Shutters
      • Furnished: Yes
      Interior area
      • Total structure area: 987
      • Total interior livable area: 987 sqft

      Property

      Features
      • Patio & porch: Covered
      • Has view: Yes
      • View description: Gulf, Gulf/Pass
      • Has water view: Yes
      • Water view: Gulf,Gulf/Pass
      • Waterfront features: Gulf, Gulf/Pass
      Details
      • Parcel number: 002S24130200001140

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete, Stucco
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Fitness Center, Fishing, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Waterfront, Whirlpool, Pickleball, Short Term Rental - Allowed
      • Security: Fire Alarm
      • Subdivision: ISLANDER CONDO
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Management, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $398/sqft
      • Tax assessed value: $390,000
      • Annual tax amount: $4,176
      • Date on market: 5/17/2025

        Estimated market value

        $372,500

        $354,000 - $391,000

        $2,039/mo

        Price history

        DateEventPrice
        7/30/2026Price change$392,877-1.3%$398/sqft
        Source: ECAOR #976588 Report a problem
        7/24/2026Price change$397,877-1.2%$403/sqft
        Source: ECAOR #976588 Report a problem
        7/6/2026Price change$402,877-1.2%$408/sqft
        Source: ECAOR #976588 Report a problem
        6/9/2026Price change$407,877-1.2%$413/sqft
        Source: ECAOR #976588 Report a problem
        5/29/2026Price change$412,877-1.2%$418/sqft
        Source: ECAOR #976588 Report a problem
        2/6/2026Price change$417,877-1.2%$423/sqft
        Source: ECAOR #976588 Report a problem
        9/16/2025Price change$422,877-1.2%$428/sqft
        Source: ECAOR #976588 Report a problem
        9/5/2025Price change$427,877-1.2%$434/sqft
        Source: ECAOR #976588 Report a problem
        7/15/2025Price change$432,877-1.1%$439/sqft
        Source: ECAOR #976588 Report a problem
        6/17/2025Price change$437,877-2.2%$444/sqft
        Source: ECAOR #976588 Report a problem
        5/17/2025Listed for sale$447,877+282.8%$454/sqft
        Source: ECAOR #976588 Report a problem
        5/1/1984Sold$117,000$119/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,383 +4.9%$353,581 +10%
        2024$4,177 +3.7%$321,437 -17.6%
        2023$4,026 +15.8%$390,000 +23.8%
        2022$3,477 +15.9%$315,000 +30.4%
        2021$2,999 +6.5%$241,500 +7.3%
        2020$2,815 +9.7%$225,000 +7.1%
        2019$2,565 +10.4%$210,000 +13.5%
        2018$2,324 $185,000 +14.9%
        2017$2,324 +10.5%$161,000
        2016$2,104 +0.6%$161,000 +1.9%
        2015$2,091 -6.8%$158,000 +3.3%
        2014$2,243 $153,000 +3.4%
        2013-- $148,000
        2012-- $148,000
        2011-- $148,000 -3.3%
        2010-- $153,000 -18.2%
        2009-- $187,000 -15.8%
        2008-- $222,000 -24%
        2007-- $292,000 -7%
        2006-- $314,000 +14.2%
        2005-- $275,000 +77.4%
        2004-- $155,000 +10.7%
        2003-- $140,000 +6.1%
        2002-- $132,000 +11.9%
        2001-- $118,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 32541

        Getting around

        2 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: Destin

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Destin Topics

                Search
                Updates
                Favorites
                Plan
                Inbox