Home\Real Estate\Search Results\502 Gulf Shore Drive 403, Destin, FL 32541

502 Gulf Shore Drive 403, Destin, FL 32541

#1015237

RES

2/2

Built in 1981

$475,000

Contact Agent

Mark 1

Mark DeSalvo

[email protected]
(850) 830-6615

Details

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
REAL ESTATE
Real Estate Type RES
Construction Concrete
Cooling Ceiling Fans
Central Air
Full Bathrooms 2
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Heating Heat Pump Wtr to Air
Central
Real Estate Sub Type Condominium
Stories 0
Style N/A
Subdivision ISLANDER CONDO
View Gulf
Year Built 1,981
Interior Features Breakfast Bar
Elevator
Wallpaper
Exterior Features Balcony
Hot Tub
Unit Number 403
Lot Size Units Acres
Lot Size Area 0
Agent Key 20,210,528,153,009,000,000,000,000
Agent MLS Id E31026
Office Key 20,210,504,220,010,800,000,000,000
Source System Name Emerald Coast Association of REALTORSĀ®
Source System Id M00000138
Elevation 0
Directions Hwy. 98 to Gulf Shore Drive. Continue past 2 stop signs and The Islander is on the right.
County Okaloosa
Parcel Number 00-2S-24-1300-0000-4030
Appliances Cooktop
Dishwasher
Disposal
Microwave
Oven Self Cleaning
Range Hood
Refrigerator W/IceMk
Smoke Detector
Stove/Oven Electric
Water Heater - Elect
Flooring Floor Tile
Floor WW Carpet
Number Of Units Total 0
Fireplace False
Tax Legal Description ISLANDER PHASE I UNIT 403
Parking Total 2
Parking Features []
Waterfront True
Waterfront Features Gulf
Window Features Window Treatment All
Double Pane Windows
Storm Windows
Security Features Fire Alarm/Sprinkler
Other Structures []
Utilities Public Water
Patio And Porch Features Patio Covered
Special Listing Conditions []
Basement []
Private Pool False
Spa False
Fencing []
Internet Address Display True
Internet Automated Valuation Display False
Agent Name Cherissa Cabahug
Agent Email [email protected]
Broker Id E1PE
Listing Contract Date 11/10/2026
Square Feet 987
Status Active
Elementary School Destin
Middle School Destin
High School Fort Walton Beach
RoomsTotal 4
Office Name 1 Percent Lists Florida Coast
GENERAL
Property Condition Renovated
Construction Complete

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