502 Gulf Shore Drive 403, Destin, FL, 32541

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$475,000
New Listing

502 Gulf Shore Drive 403
Destin, FL 32541

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
987
SqFt
$481
/SqFt
1981
Built
Subdivision:
ISLANDER CONDO
County:
Okaloosa
Listing courtesy of Cherissa Cabahug of 1 Percent Lists Florida Coast

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

502 Gulf Shore Drive 403502 Gulf Shore Drive 403502 Gulf Shore Drive 403502 Gulf Shore Drive 403
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Welcome to The Islander Unit 403 -- a turnkey, income-producing 2-bedroom, 2-bath beachfront condo in Miramar Beach 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). Ideal for investors or owners seeking immediate rental income, Unit 403 has an outstanding rental history -- $49,100 gross through 9/30/2026 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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Listing Snapshot
Price 
$475,000
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
987 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1981
MLS Number 
1015237
Status 
Active
Property Tax 
$4,877.09
HOA/Condo/Coop Fees 
$896 monthly
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
18 minutes agoListing first seen on site
18 minutes agoListing updated with changes from the MLS
General Features
Green Energy Efficient 
Doors
Parking Spaces 
2
Property Sub Type 
Condominium
Security 
Fire AlarmSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
987
Style 
N/A
Water Source 
Public
Interior Features
Appliances 
CooktopDishwasherDisposalMicrowaveRange HoodElectric Water HeaterSelf Cleaning OvenElectric Oven
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
TileCarpet
Furnished 
Furnished
Heating 
CentralElectricHeat Pump
Interior 
Breakfast BarElevator
Laundry Features 
Common Area
Spa 
Yes
Window Features 
Double Pane WindowsStorm Window(s)Window Treatments
Bedroom 
Dimensions - 12 x 12Level - First
Master Bedroom 
Dimensions - 15 x 12Level - First
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Exterior Features
Construction Details 
Concrete
Exterior 
Balcony
Lot Features 
Waterfront
Patio And Porch 
PatioCovered
Roof 
Built-Up
Spa 
Yes
Waterfront 
Yes
Windows/Doors 
Double Pane WindowsStorm Window(s)Window Treatments
Community Features
Association Fee 
$896.0
Association Fee Frequency 
Monthly
Community Features 
FishingGatedPlaygroundPoolTennis Court(s)
MLS Area 
14 - Destin
Schools
School District
Unknown
Elementary School
Destin
Middle School
Destin
High School
Fort Walton Beach
Listing courtesy of Cherissa Cabahug of 1 Percent Lists Florida Coast



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-11-10 03:49 PM UTC

Neighborhood & Commute
Source: Walkscore
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