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500 Gulf Shore Dr

Destin, FL 32541

2 bd 2 ba 1,030 sqft Built 1977 condos
Most recent sale
$625,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $625,000 Public Record
May 11, 2022 Sold $625,000 EmeraldCoast
Apr 21, 2022 Listed $625,000 MLS #896334
Aug 10, 2012 Sold $205,000 EmeraldCoast
Apr 13, 2012 Relisted $249,000 MLS #555243
Apr 4, 2012 Listing removed $249,000 EmeraldCoast
Mar 16, 2012 Relisted $249,000 MLS #555243
Dec 21, 2011 Listing removed $259,900 EmeraldCoast
Oct 16, 2011 Relisted $259,900 MLS #555243
Oct 4, 2011 Listing removed $259,900 EmeraldCoast
Apr 3, 2011 Listed $259,900 MLS #555243
Apr 2, 2011 Listing removed $289,000 EmeraldCoast
Oct 4, 2010 Relisted $289,000 MLS #535092
Oct 2, 2010 Listing removed $269,000 EmeraldCoast
Apr 1, 2010 Listed $269,000 MLS #535092
Jan 1, 1997 Sold $192,500 Public Record
Jan 1, 1977 Sold $35,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $528,000 $6,356
2024 $528,000 $5,686
2023 $456,000 $456,000 $5,447
2022 $286,000 $3,580
2021 $260,000 $260,000 $3,228
2020 $247,500 $3,172
2019 $225,000 $225,000 $2,854
2018 $215,000 $215,000 $2,760
2017 $210,000 $210,000 $2,744
2016 $200,000 $200,000 $2,558
2015 $182,000 $182,000 $2,545
2014 $160,000 $2,316
2013 $154,000 $2,252
2012 $142,000 $2,053
2011 $142,000 $2,095
2010 $166,000 $2,382
2009 $215,000 $3,057
2008 $248,000 $3,304
2007 $282,000 $3,746

Property facts

Year built
1977
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,030 sqft
Lot size
ZIP code
32541
City
Destin
Street
Gulf Shore Dr
Coordinates
30.38329, -86.50082

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,906
Gross rental yield
3.66%
Implied cap rate
2.38%
Trend-extrapolated value

Frequently asked questions

When did 500 Gulf Shore Dr last sell?
500 Gulf Shore Dr most recently sold on May 16, 2022 for $625,000.
What is the current tax assessment for 500 Gulf Shore Dr?
The most recent total assessment for 500 Gulf Shore Dr (year 2025) is $528,000 with $6,356 in property tax.
How does 500 Gulf Shore Dr's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $625,000.
When was 500 Gulf Shore Dr built?
500 Gulf Shore Dr was built in 1977.
How does 500 Gulf Shore Dr compare to others on Gulf Shore Dr?
We track 8 other properties on Gulf Shore Dr. Browse the list under "Other properties on Gulf Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 500 Gulf Shore Dr?
500 Gulf Shore Dr is a 2 bed, 2 bath, 1,030 sqft condos.
Is 500 Gulf Shore Dr a flip candidate?
No — 500 Gulf Shore Dr does not appear in our flips dataset.
Is 500 Gulf Shore Dr a tax-appeal candidate?
No — 500 Gulf Shore Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$910.9K
2026 Q4
$906.6K
ZIP 32541 — Median Price History + Forecast

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