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502 Gulf Shore Dr

Destin, FL 32541

2 bd 2 ba 987 sqft Built 1984 condos
Most recent sale
$483,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $483,000 Public Record
May 6, 2022 Sold $483,000 EmeraldCoast
Apr 18, 2022 Price changed $485,000 MLS #895336
Apr 9, 2022 Listed $495,000 MLS #895336
Apr 25, 2016 Sold $222,000 MLS #740857
Oct 28, 2015 Listed $230,000 MLS #740857
Dec 16, 1998 Sold $179,500 Public Record
Dec 1, 1993 Sold $111,000 Public Record
Sep 1, 1985 Sold $125,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,000 $395,000 $4,678
2024 $395,000 $395,000 $4,679
2023 $395,000 $395,000 $4,718
2022 $320,000 $320,000 $3,856
2020 $220,946 $2,819
2019 $200,860 $2,636
2018 $182,600 $2,392
2017 $166,000 $166,000 $2,169
2016 $166,000 $166,000 $2,156
2015 $163,000 $163,000 $2,309
2014 $158,000 $2,269
2013 $153,000 $2,219
2012 $153,000 $2,179
2011 $153,000 $2,224
2010 $158,000 $2,255
2009 $192,000 $2,731
2008 $224,500 $2,991

Property facts

Year built
1984
Property type
condos
Stories
Beds
2
Baths
2
Living area
987 sqft
Lot size
ZIP code
32541
City
Destin
Street
Gulf Shore Dr
Coordinates
30.38441, -86.50090

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
$1,826
Gross rental yield
4.54%
Implied cap rate
2.95%
Trend-extrapolated value

Frequently asked questions

When did 502 Gulf Shore Dr last sell?
502 Gulf Shore Dr most recently sold on May 9, 2022 for $483,000.
What is the current tax assessment for 502 Gulf Shore Dr?
The most recent total assessment for 502 Gulf Shore Dr (year 2025) is $395,000 with $4,678 in property tax.
How does 502 Gulf Shore Dr's assessment compare to its last sale price?
The current assessment is 18.2% below the last sale price of $483,000.
When was 502 Gulf Shore Dr built?
502 Gulf Shore Dr was built in 1984.
How does 502 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 502 Gulf Shore Dr?
502 Gulf Shore Dr is a 2 bed, 2 bath, 987 sqft condos.
Is 502 Gulf Shore Dr a flip candidate?
No — 502 Gulf Shore Dr does not appear in our flips dataset.
Is 502 Gulf Shore Dr a tax-appeal candidate?
No — 502 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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