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$494,990

  • For Sale
  • Active
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • 987 Sq. Ft.
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Against a backdrop of gorgeous views from the 2nd floor revel in this spacious 2 bedroom, 2 bath condo located in highly desired Islander. This is the condo you have been waiting for, situated on the best stretch of Destin's white sand beach, this property showcases incredible scenes of the beautiful Gulf of Mexico. 208 just had major upgrades made to BOTH bathrooms with gorgeous new showers and vanities! The Islander has tennis courts, 2 pools, 2 hot tubs, covered BBQ gazebo, exercise room. beautiful lobby, tennis/pickleball courts and landscaping throughout the complex. This is the perfect investment opportunity as it is rental ready and has amazing views from all angles- including the Gulf!

Full Property Details for 502 Gulf Shore Dr #208

General

  • Price: $494,990
  • Taxes: $4,822 (2023)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 969350
  • Updated: 10/15/2025
  • Added to Site: 327 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Kitchen, Living Room, Master Bedroom
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Renovated, Woodwork Painted
  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Smooth Stovetop Rnge

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen
  • Dining Room: Dining Room

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Exercise Room, Laundry, Pavillion/Gazebo, Pool, Short Term Rental - Allowed, Tennis
  • Pool: Yes

Exterior

  • Exterior Features: Balcony

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: Islander Condo Ph 2
  • Driving Directions: Heading West, turn left onto Gulf Shore Dr. Drive 1.4 miles and the Islander will be on your left hand side.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Fort Walton Beach

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Water Heater - Elect

Utilities

  • Utility Description: Electric, Phone, Public Sewer, TV Cable

Structural Information

  • Construction: Concrete, Steel
  • Stories/Levels: 0
  • Square Feet: 987
  • Sq. Ft. Source: County PA Records
  • Year Built: 1981

Unit Information

  • Units in Building: 126

Lot Features

  • Property View: Gulf

Water Features

  • Water Front Type: Gulf

Financial Considerations

  • Assessment Amount: $839
  • Assmt Payment Freq: Monthly
  • Tax Amount: $4,822
  • Tax Year: 2023

Disclosures and Reports

  • Legal Description: ISLANDER PHASE I UNIT 208
  • Assessment: Yes
  • APN: 00-2S-24-1300-0000-2080

Listed by Keller Williams Realty Destin and Keller Williams Realty SRB

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Listing agents

— 502 Gulf Shore Dr #208 —

  • Keller Williams Realty Destin

  • Keller Williams Realty SRB

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 502 Gulf Shore Dr #208

School District:Okaloosa County School District
NameGradesDistance
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-41.3 mi
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-84.6 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-128.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 502 Gulf Shore Dr #208 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2025
Price Reduced
$494,990
-1%
MLS
8/18/2025
Price Reduced
$499,990
-4.76%
MLS
2/24/2025
Listed
$525,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 502 Gulf Shore Dr #208

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,223
2%
$441,000
-2%
2024
$5,134
6%
$451,000
5%
2023
$4,823
40%
$431,000
46%
2021
$3,448
-17%
$296,000
-14%
2022
$4,170
21%
$346,000
38%
2021
$3,448
21%
$251,000
16%
2019
$2,861
14%
$215,600
10%
2018
$2,517
6%
$196,000
8%
2017
$2,379
1%
$182,000
—
2016
$2,364
-5%
$182,000
3%
2015
$2,482
8%
$176,000
11%
2013
$2,300
—
$159,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 502 Gulf Shore Dr #208

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty Destin and Keller Williams Realty SRB

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502 Gulf Shore Drive #208, Destin, FL 32541 (MLS# 969350) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 502 Gulf Shore Drive #208 is currently listed for $494,990 and was received on February 24, 2025. Want to learn more about 502 Gulf Shore Drive #208? Do you have questions about finding other Condo / Townhouse real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

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