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Off market
  • $467,000

    502 Gulf Shore Dr Unit 504, Destin, FL 32541

    2beds
    987sqft
    Condo
    Built in 1983
    -- sqft lot
    $467,000 Zestimate®
    $473/sqft
    $2,056 Estimated rent

    Home value

    $467,000

    $430,000 - $509,000

    $2,056/mo

    Zestimate® history
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    Owner options

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    $2,056/mo

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    $2,056/mo

    Rent Zestimate®

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    $4,832/mo

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    $4,832/mo

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    What's special

    Gulf front Gold Rated and updated Condo with good rental history. Heavy owner, family and friends usage keeps rental income to around $26,000 annually. Similar units produce $35,000 gross income with lower owner usage.Freshly painted with new window treatments. A/C system replaced August 2018, hot water heater less than 2 years old. Kitchen and master bath cabinets have been updated and refinished, granite added with updated appliances. Master Barth shower upgraded as well as a new rock solid dining table.Islander has a NO PET policy. Condo association is very financially sound with a decrease in fees expected for 2019. A repeat Snowbird rental for many years is in place for December 26 to mid March 2019, and must be honored. This couple has been too loyal!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave
    Features
    • Flooring: Tile, Carpet
    Interior area
    • Total interior livable area: 987 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3.98 Acres
    Details
    • Parcel number: 002S24130000005040

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1983

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $1,815 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $473/sqft
    • Tax assessed value: $444,000
    • Annual tax amount: $5,259

    Price history

    DateEventPrice
    11/8/2018Sold$335,000-1.2%$339/sqft
    Source: ECAOR #807507 Report a problem
    10/20/2018Pending sale$339,000$343/sqft
    Source: Keller Williams Emerald Coast Realty #807507 Report a problem
    9/18/2018Listed for sale$339,000+38.4%$343/sqft
    Source: Keller Williams Realty Emerald Coast #807507 Report a problem
    6/1/2015Sold$245,000-3.9%$248/sqft
    Source: ECAOR #727358 Report a problem
    4/15/2015Listed for sale$255,000+50.9%$258/sqft
    Source: Keller Williams Realty Emerald Coast #727358 Report a problem
    2/12/2013Sold$169,000-66.9%$171/sqft
    Source: ECAOR #585673 Report a problem
    6/30/2005Sold$510,000+13.6%$517/sqft
    Source: Agent Provided Report a problem
    7/21/2004Sold$449,000$455/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,259 -2.2%$444,000 -2.2%
    2024$5,378 +17.8%$454,000 +4.6%
    2023$4,564 +16%$434,000 +24.4%
    2022$3,936 +9.8%$349,000 +16.7%
    2021$3,586 +12.8%$299,000 +17.7%
    2020$3,178 +4.8%$254,000 +6.3%
    2019$3,032 +18.6%$239,000 +20.1%
    2018$2,555 $199,000 +7.6%
    2017$2,555 +5.7%$185,000
    2016$2,418 +0.6%$185,000 +3.4%
    2015$2,403 -4.7%$179,000 +6.5%
    2014$2,521 $168,000 +3.7%
    2013-- $162,000
    2012-- $162,000
    2011-- $162,000 -3%
    2010-- $167,000 -17.3%
    2009-- $202,000 -12.2%
    2008-- $230,000 -24.6%
    2007-- $305,000 +376.6%
    2006-- $64,000 -82.2%
    2005-- $360,000 +80%
    2004-- $200,000 +8.1%
    2003-- $185,000 +6.9%
    2002-- $173,000 +8.1%
    2001-- $160,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

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

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

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    $467,000
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    +$9,340
    With Zillow Showcase(estimated)
    $476,340