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$417,877
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Property Description
**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.
Full Property Details
Full Property Details for 502 Gulf Shore Dr #UNIT 114
General
- Price: $417,877
- Taxes: $4,176 (2024)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 976588
- Updated: 4/13/2026
- Added to Site: 365 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, Tennis, TV Cable, Waterfront, Whir
Interior
- Number of Rooms: 5
- Interior Features: Owner's Closet
- Appliances: Dishwasher, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile, Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Porch/Patio/Deck: Patio Covered
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: ISLANDER CONDO
- Driving Directions: Hwy 98 into the heart of Destin. Off Hwy 98 head south on Gulf Shore Dr, The Islander resort is located 1.5 miles down on the gulf side on your left.
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, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating/Cooling: Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Phone, Public Water, TV Cable
Structural Information
- Construction: Concrete, Stucco
- Exterior Const.: Concrete, Stucco
- Square Feet: 987
- Sq. Ft. Source: County PA Records
- Year Built: 1984
Lot Features
- Property View: Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Gulf, Gulf/Pass
Financial Considerations
- Assessment Amount: $839
- Tax Amount: $4,176.74
- Tax Year: 2024
Disclosures and Reports
- Legal Description: ISLANDER PH II UNIT 114
- APN: 00-2S-24-1302-0000-1140
- Property ID: 00-2S-24-1302-0000-1140
Listed by World Impact Real Estate
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Schools
Schools serving 502 Gulf Shore Dr #UNIT 114
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 #UNIT 114
Date
Details
Price
Change
Source
2/06/2026
Price Reduced
$417,877
-1.18%
MLS
9/16/2025
Price Reduced
$422,877
-1.17%
MLS
9/05/2025
Price Reduced
$427,877
-1.16%
MLS
7/15/2025
Price Reduced
$432,877
-1.14%
MLS
6/17/2025
Price Reduced
$437,877
-2.23%
MLS
5/17/2025
Listed
$447,877
—
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 #UNIT 114
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,383
5%
$390,000
—
2024
$4,177
4%
$390,000
—
2023
$4,026
34%
$390,000
61%
2021
$2,999
-14%
$241,500
-23%
2022
$3,477
16%
$315,000
40%
2021
$2,999
17%
$225,000
15%
2019
$2,565
10%
$194,810
10%
2018
$2,324
10%
$177,100
10%
2017
$2,104
1%
$161,000
—
2016
$2,091
-7%
$161,000
2%
2015
$2,243
4%
$158,000
7%
2013
$2,151
—
$148,000
—
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 #UNIT 114
502 Gulf Shore Drive #UNIT 114, Destin, FL 32541 (MLS# 976588) is a Condo property with 2 bedrooms and 2 full bathrooms. 502 Gulf Shore Drive #UNIT 114 is currently listed for $417,877 and was received on May 17, 2025. Want to learn more about 502 Gulf Shore Drive #UNIT 114? 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.

