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502 Gulf Shore Dr

Destin, FL 32541

2 bd 2 ba 987 sqft Built 1983 condos
Most recent sale
$515,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2022 Sold $515,000 Public Record
Apr 22, 2022 Sold $515,000 EmeraldCoast
Mar 10, 2022 Listed $515,000 MLS #892936
Dec 1, 1982 Sold $87,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $446,000 $446,000 $5,282
2024 $446,000 $446,000 $5,402
2023 $436,000 $436,000 $5,208
2020 $243,210 $3,120
2019 $221,100 $2,928
2018 $201,000 $201,000 $2,581
2017 $187,000 $187,000 $2,444
2016 $187,000 $187,000 $2,429
2015 $181,000 $181,000 $2,548
2014 $170,000 $2,430
2013 $164,000 $2,368
2012 $164,000 $2,325
2011 $164,000 $2,373
2010 $169,000 $2,402
2009 $204,000 $2,890
2008 $230,000 $3,065

Property facts

Year built
1983
Property type
condos
Stories
Beds
2
Baths
2
Living area
987 sqft
Lot size
ZIP code
32541
City
Destin
Street
Gulf Shore Dr
Coordinates
30.38382, -86.50020

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
4.25%
Implied cap rate
2.77%
Trend-extrapolated value

Frequently asked questions

When did 502 Gulf Shore Dr last sell?
502 Gulf Shore Dr most recently sold on Apr 25, 2022 for $515,000.
What is the current tax assessment for 502 Gulf Shore Dr?
The most recent total assessment for 502 Gulf Shore Dr (year 2025) is $446,000 with $5,282 in property tax.
How does 502 Gulf Shore Dr's assessment compare to its last sale price?
The current assessment is 13.4% below the last sale price of $515,000.
When was 502 Gulf Shore Dr built?
502 Gulf Shore Dr was built in 1983.
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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