Fantastic opportunity to own an oversized deep water canal front property in the heart of Destin! 509 Gulf Shore Drive is situated across the street from the beach, and is a short walk, bike or golf cart ride to the neighborhoods deeded beach access. Perfectly situated in the turn of the widest canal in the harbor, the property offers a 35' alongside dock, and 2 separate upland slips complete with seawall that are able to accommodate boats in excess of 40'. This truly is an incredible opportunity to build your dream waterfront residence on this unique lot, or renovate the existing home and take advantage of everything Holiday Isle has to offer. Buyer must verify all information and specifications. 2023-03-15
Sold for $2,000,000
$2,000,000
509 Gulf Shore Dr, Destin, FL 32541
3beds
2,064sqft
SingleFamily
Built in 1983
0.25 Acres Lot
$1,687,800 Zestimate®
$969/sqft
$4,317 Estimated rent
Home value
$1,687,800
$1.47M - $1.94M
$4,317/mo
Zestimate® history
Owner options
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$4,317/mo
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$13,594/mo
Est. payment
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Central
Appliances
- Included: Refrigerator
Features
- Flooring: Concrete
Interior area
- Total interior livable area: 2,064 sqft
Property
Parking
- Parking features: Garage
Features
- Exterior features: Other, Wood
Lot
- Size: 0.25 Acres
Details
- Parcel number: 002S242186000F1110
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- Year built: 1983
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $621 monthly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $969/sqft
- Tax assessed value: $1,264,444
- Annual tax amount: $14,975
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2023 | Sold | $2,000,000+56.9%$969/sqft |
Source: Public Record Report a problem | ||
| 4/10/2023 | Sold | $1,275,000-20.1%$618/sqft |
Source:  ECAOR #909118 Report a problem | ||
| 3/15/2023 | Pending sale | $1,595,000$773/sqft |
Source: ECAOR #909118 Report a problem | ||
| 2/11/2022 | Listed for sale | $1,595,000$773/sqft |
Source: ECAOR #890954 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,975 +9.5% | $1,264,444 +9.6% |
| 2024 | $13,671 +22.3% | $1,153,970 +13.5% |
| 2023 | $11,176 +17.7% | $1,016,578 +29% |
| 2022 | $9,497 +117.2% | $788,107 +102% |
| 2021 | $4,373 +0.8% | $390,206 +1.4% |
| 2020 | $4,340 +1.1% | $384,819 +2.3% |
| 2019 | $4,292 +0.8% | $376,167 +1.9% |
| 2018 | $4,257 | $369,153 +2.1% |
| 2017 | $4,257 +0.5% | $361,560 +2.1% |
| 2016 | $4,237 +2.8% | $354,123 +0.7% |
| 2015 | $4,123 -2.6% | $351,661 -2.2% |
| 2014 | $4,233 | $359,640 +1.5% |
| 2013 | -- | $354,325 -0.1% |
| 2012 | -- | $354,670 -3.8% |
| 2011 | -- | $368,640 -11.1% |
| 2010 | -- | $414,626 -6.7% |
| 2009 | -- | $444,459 -9.6% |
| 2008 | -- | $491,521 +3% |
| 2007 | -- | $477,205 +2.5% |
| 2006 | -- | $465,566 +3% |
| 2005 | -- | $452,214 +3% |
| 2004 | -- | $439,043 +26.6% |
| 2003 | -- | $346,783 +14.9% |
| 2002 | -- | $301,905 +2.3% |
| 2001 | -- | $295,099 |
Find assessor info on the county website
Neighborhood: 32541
Nearby homes
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- $406,0002 bd2 ba1.1k sqft501 Gulf Shore Dr UNIT 1, Destin, FL 32541Off Market
Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.2 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 4.6 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 8.6 mi
Sell for more on Zillow
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$1,687,800
2% more
+$33,756
With Zillow Showcase(estimated)
$1,721,556
- Florida
- Okaloosa County
- Destin
- 32541
- 509 Gulf Shore Dr
Nearby cities
Nearby zip codes
Other Destin Topics
