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$455,000
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Property Description
Experience coastal living at its finest in this stunning 2-bedroom Gulf view condo in the heart of Destin. Perfectly positioned to showcase unforgettable Emerald Coast sunsets, this exceptional property offers the ideal blend of relaxation, comfort, and investment potential. Whether you're searching for a second home, vacation getaway, or income-producing property with a history of repeat guests, this condo checks every box. Inside, you'll find a spacious open layout featuring beautiful maintenance-free wood-look tile flooring throughout, creating a stylish and low-maintenance retreat. Designed for entertaining and easy beachside living, the generous living spaces flow seamlessly onto your private balcony -- the perfect spot to unwind while enjoying panoramic Gulf views and breathtaking sunsets night after night. This is your opportunity to own a slice of paradise in one of Florida's most sought-after beach destinations. This unit is truly a MUST SEE!
Full Property Details
Full Property Details for 502 Gulf Shore Dr #505
General
- Price: $455,000
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1003413
- Updated: 5/19/2026
- Added to Site: 7 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Deed Access, Elevators, Exercise Room, Gated Community, Handicap Provisions, Laundry, Pets Allowed, Pool, Tennis, TV Cable, Whirlpool
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Owner's Closet, Pantry
- Appliances: Dishwasher, Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Patio Covered
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: ISLANDER CONDO
- Driving Directions: Take Hwy 98 into the heart of Destin. From Hwy 98 head south on Gulf Shore Dr, The Islander resort is located 1.5 miles down on the gulf side on your left. Call for Gate Code The Islander will be down
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Management, Master Association, Recreational Faclty, Security, Sewer, Water, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Community Sewer
- Utility Description: Community Water, Electric, TV Cable
Structural Information
- Construction: Concrete, Stucco
- Exterior Const.: Concrete, Stucco
- Stories/Levels: 5
- Square Feet: 987
- Sq. Ft. Source: County PA Records
- Year Built: 1981
Lot Features
- Property View: Harbor, Gulf
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $896
Disclosures and Reports
- Legal Description: ISLANDER PHASE I UNIT 505
- APN: 00-2S-24-1300-0000-5050
- Property ID: 00-2S-24-1300-0000-5050
Listed by Century 21 AllPoints Realty
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Schools
Schools serving 502 Gulf Shore Dr #505
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 1.3 mi |
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 4.6 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 8.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 Gulf Shore Dr #505
Date
Details
Price
Change
Source
5/19/2026
Listed
$455,000
—
MLS
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
Tax History for 502 Gulf Shore Dr #505
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,895
4%
$444,000
-2%
2024
$4,722
6%
$454,000
5%
2023
$4,450
27%
$434,000
45%
2021
$3,492
-9%
$299,000
-14%
2022
$3,833
10%
$349,000
37%
2021
$3,492
20%
$254,000
16%
2019
$2,901
14%
$218,900
10%
2018
$2,555
6%
$199,000
8%
2017
$2,418
1%
$185,000
—
2016
$2,403
-5%
$185,000
3%
2015
$2,521
5%
$179,000
7%
2014
$2,403
3%
$168,000
4%
2013
$2,341
—
$162,000
—
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
Estimate the Cost for 502 Gulf Shore Dr #505
502 Gulf Shore Drive #505, Destin, FL 32541 (MLS# 1003413) is a Condo property with 2 bedrooms and 2 full bathrooms. 502 Gulf Shore Drive #505 is currently listed for $455,000 and was received on May 19, 2026. Want to learn more about 502 Gulf Shore Drive #505? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

