502 Gulf Shore Drive 203, Destin, FL 32541 (MLS# 999862)

502 Gulf Shore Drive 203, Destin, FL 32541

New Listing

$440,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 987 Status: Active

Current Price: $440,000 List Date: 4/05/2026 Last Modified: 4/06/2026

Overview

Description

Welcome to Islander 203--an exceptional investment opportunity offering strong rental potential and coastal appeal. This well-maintained unit features a bright, open-concept living and dining area that flows seamlessly onto a private balcony, showcasing gorgeous Gulf views and creating an inviting space for relaxation. The kitchen features white appliances including a new dishwasher as of 2025, ample cabinetry, granite countertops, and a functional layout ideal for short- or long-term stays. Spacious bedrooms provide comfort and privacy, while the primary suite includes a private bathroom with a modern double vanity for added convenience. Positioned in a highly desirable community with deeded beach access, Islander 203 attracts vacationers and seasonal residents alike. Enjoy a full suite

Supplements: of amenities, including two heated pools, two hot tubs, tennis, pickleball, and basketball courts, a fitness room, and a poolside BBQ pavilion--making this the perfect beach getaway. Whether you're expanding your portfolio or seeking a turnkey income-producing property, Islander 203 delivers the perfect blend of location, views, amenities, and inve ... (Read more)

Listing Details MLS# 999862

Contract Info

List Price/SqFt: 445.8
Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 502
Street Name: Gulf Shore
Street Suffix: Drive
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: ISLANDER CONDO PH 2
Parcel ID: 00-2S-24-1300-0000-2030

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 987
SqFt Source: County PA Records
Full Baths: 2
Total Bathrooms: 2
Stories In Unit: Yes
# of Units in Bldg: 126
Unit Floors Above Ground: 2
Year Built: 1981
Garage: No
Carport: No
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Unit #: 203
Sub Area: 1401 - Destin Beach West
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: ISLANDER PHASE I UNIT 203

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 839
Annual Assessment Amount: 10068
Assessment Paid: Monthly
New Buyer Fee: No
New Buyer Fee Paid: $
Last Taxes: 5222.99
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No

More Information

Remarks & Misc

Remarks: Welcome to Islander 203--an exceptional investment opportunity offering strong rental potential and coastal appeal. This well-maintained unit features a bright, open-concept living and dining area that flows seamlessly onto a private balcony, showcasing gorgeous Gulf views and creating an inviting space for relaxation. The kitchen features white appliances including a new dishwasher as of 2025, ample cabinetry, granite countertops, and a functional layout ideal for short- or long-term stays. Spacious bedrooms provide comfort and privacy, while the primary suite includes a private bathroom with a modern double vanity for added convenience. Positioned in a highly desirable community with deeded beach access, Islander 203 attracts vacationers and seasonal residents alike. Enjoy a full suite

Waterfront

Gulf: Yes

Construction Status

Construction Complete: Yes

Waterview

Gulf: Yes

Project Facilities

BBQ Pit/Grill: Yes
Beach: Yes
Deed Access: Yes
Dumpster: Yes
Elevators: Yes
Exercise Room: Yes
Laundry: Yes
Pavillion/Gazebo: Yes
Pickle Ball: Yes
Pool: Yes
Short Term Rental - Allowed: Yes
Tennis: Yes

Construction/Siding

Concrete: Yes
Steel: Yes

Utilities

Electric: Yes
Phone: Yes
Public Sewer: Yes
TV Cable: Yes

Exterior

Balcony: Yes

Interior

Breakfast Bar: Yes
Ceiling Crwn Molding: Yes
Floor Tile: Yes
Furnished - All: Yes
Owner's Closet: Yes
Renovated: Yes
Window Treatment All: Yes
Woodwork Painted: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Freezer: Yes
Microwave: Yes
Refrigerator: Yes
Smooth Stovetop Rnge: Yes

Energy

AC - Central Elect: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Tile: Yes
MBed Waterfront: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Fees Include

Accounting: Yes
Advertising: Yes
Ground Keeping: Yes
Insurance: Yes
Internet Service: Yes
Management: Yes
Recreational Faclty: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dumpster; Elevators; Exercise Room; Laundry; Pavillion/Gazebo; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis Exterior: Balcony Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Tile; Furnished - All; Owner's Closet; Renovated; Window Treatment All; Woodwork Painted Appliances: Dishwasher; Disposal; Freezer; Microwave; Refrigerator; Smooth Stovetop Rnge Utilities: Electric; Phone; Public Sewer; TV Cable Energy: AC - Central Elect; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Fees Include: Accounting; Advertising; Ground Keeping; Insurance; Internet Service; Management; Recreational Faclty; Security; Trash; Water

Room Information

Room Name	Level	Dimensions	Length	Width
Dining Room	First	22 x 14	22.00	14.00
Kitchen	First	12 x 5	12.00	5.00
Master Bedroom	First	14 x 12	14.00	12.00
Bedroom	First	12 x 11	12.00	11.00
Living Room	First	15 x 13.9	15.00	13.90

Listing Office: Keller Williams Realty Destin

Last Updated: April - 06 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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