506 Gulf Shore Dr
Destin, FL 32541
2 bd 2 ba 1,362 sqft Built 1982 condos
Most recent sale
$700,000
May 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 11, 2022 | Sold | $700,000 | Public Record |
| Apr 26, 2022 | Listed | $629,000 | MLS #896763 |
| Jan 1, 1996 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $564,000 | — | $564,000 | $6,679 |
| 2024 | $564,000 | — | $564,000 | $6,077 |
| 2023 | $513,000 | — | $513,000 | $6,128 |
| 2021 | $333,000 | — | $333,000 | $4,135 |
| 2020 | $318,000 | — | $318,000 | $3,978 |
| 2019 | $303,000 | — | $303,000 | $3,843 |
| 2018 | $303,000 | — | $303,000 | $3,890 |
| 2017 | $272,000 | — | $272,000 | $3,413 |
| 2016 | $227,500 | — | $227,500 | $2,955 |
| 2015 | $217,000 | — | $217,000 | $3,041 |
| 2014 | — | — | $209,000 | $2,969 |
| 2013 | — | — | $194,000 | $2,790 |
| 2012 | — | — | $213,000 | $2,991 |
| 2011 | — | — | $213,000 | $3,053 |
| 2010 | — | — | $241,000 | $3,377 |
| 2009 | — | — | $295,000 | $4,128 |
| 2008 | — | — | $321,000 | $4,277 |
| 2007 | — | — | $338,000 | $4,489 |
Property facts
Year built
1982
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,362 sqft
Lot size
—
ZIP code
32541
City
Destin
Street
Gulf Shore Dr
Coordinates
30.38361, -86.49905
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,520
Gross rental yield
4.32%
Implied cap rate
2.81%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Gulf Shore Dr last sell?
506 Gulf Shore Dr most recently sold on May 11, 2022 for $700,000.
What is the current tax assessment for 506 Gulf Shore Dr?
The most recent total assessment for 506 Gulf Shore Dr (year 2025) is $564,000 with $6,679 in property tax.
How does 506 Gulf Shore Dr's assessment compare to its last sale price?
The current assessment is 19.4% below the last sale price of $700,000.
When was 506 Gulf Shore Dr built?
506 Gulf Shore Dr was built in 1982.
How does 506 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 506 Gulf Shore Dr?
506 Gulf Shore Dr is a 2 bed, 2 bath, 1,362 sqft condos.
Is 506 Gulf Shore Dr a flip candidate?
No — 506 Gulf Shore Dr does not appear in our flips dataset.
Is 506 Gulf Shore Dr a tax-appeal candidate?
No — 506 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 valuationQuarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$910.9K
2026 Q4
$906.6K
ZIP 32541 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gulf Shore Dr