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502 Gulf Shore Drive #403, Destin, FL 32541

Destin
Local realty services provided by:CENTURY 21 AllPoints Realty
502 Gulf Shore Drive #403,Destin, FL 32541
$475,000
  • 2 Beds
  • 2 Baths
  • 987 sq. ft.
  • Condominium
  • Active
Listed by: cherissa cabahug
Office: 1 percent lists florida coast
MLS#:1015237
Source:FL_ECAR

Price summary

  • Price:$475,000
  • Price per sq. ft.:$481.26
  • Monthly HOA dues:$980

About this home

Welcome to The Islander Unit 403 -- a turnkey, income-producing 2-bedroom, 2-bath beachfront condo on Holiday Isle with direct Gulf views and a private balcony just steps from the sand. Completely remodeled in 2018, this rare unit includes an in-unit washer and dryer and recent mechanicals (new A/C and water heater installed 5/2025) and wood plank throughout! Ideal for investors (allowing short term rentals) or owners seeking immediate rental income, Unit 403 has an outstanding rental history -- $53,000 gross through October 2026 and $41,700 gross in 2025 -- and is move-in ready. Buyers who close before year-end can start collecting the remaining high-season rental receipts right away and may benefit from year-end tax planning. Resort amenities: - Two pools (one heated seasonally) - Tennis & pickleball courts - Basketball & shuffleboard - Fitness center - Grilling pavilion - Summer kids activities & poolside fun

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Home facts

  • Year built:1981
  • Subdivision & Development:ISLANDER CONDO
  • Listing ID #:1015237
  • Added:1 day(s) ago
  • Updated:November 12, 2026 at 09:16 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:4
  • Kitchen Description:Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator/Icemaker, Stove/Oven Electric
  • Living area:987 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1981
  • Building area:987 sq. ft.
  • Exterior Features:Balcony, Hot Tub

Schools

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

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$481.26
  • Tax amount:$4,877 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator w/Ice Maker, Stove/Oven Electric
  • Amenities:Breakfast Bar, Elevator, Wallpaper
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 AllPoints Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 AllPoints Realty, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved. FL_ECAR Member Broker: Ron Jones

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