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725 Gulf Shore Dr

Destin, FL 32541

2 bd 2 ba 1,531 sqft Built 2006 condos
Most recent sale
$635,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $635,000 Public Record
Apr 29, 2022 Sold $635,000 MLS #722377
Apr 21, 2022 Relisted $649,000 MLS #722377
Feb 22, 2022 Price changed $649,000 MLS #722377
Feb 15, 2022 Listed $689,000 MLS #722377
Feb 12, 2022 Listed $689,000 MLS #890486
Dec 20, 2018 Sold $300,000 MLS #804181
Sep 6, 2018 Price changed $339,900 MLS #804181
Jul 29, 2018 Listed $339,900 MLS #804181

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $551,250 $551,250 $6,528
2024 $551,250 $551,250 $6,219
2023 $525,000 $525,000 $6,271
2022 $296,106 $3,105
2021 $287,482 $3,097
2020 $283,513 $3,073
2019 $277,139 $3,036
2018 $295,000 $295,000 $3,788
2017 $307,000 $307,000 $4,012
2016 $307,000 $307,000 $3,988
2015 $301,000 $301,000 $4,042
2014 $293,000 $3,984
2013 $257,000 $3,530
2012 $257,000 $3,463
2011 $248,000 $3,416
2010 $304,000 $4,105
2009 $380,000 $5,158
2008 $410,000 $5,463
2007 $467,000 $6,203

Property facts

Year built
2006
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,531 sqft
Lot size
ZIP code
32541
City
Destin
Street
Gulf Shore Dr
Coordinates
30.38545, -86.48602

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
$2,832
Gross rental yield
5.35%
Implied cap rate
3.48%
Trend-extrapolated value

Frequently asked questions

When did 725 Gulf Shore Dr last sell?
725 Gulf Shore Dr most recently sold on May 4, 2022 for $635,000.
What is the current tax assessment for 725 Gulf Shore Dr?
The most recent total assessment for 725 Gulf Shore Dr (year 2025) is $551,250 with $6,528 in property tax.
How does 725 Gulf Shore Dr's assessment compare to its last sale price?
The current assessment is 13.2% below the last sale price of $635,000.
When was 725 Gulf Shore Dr built?
725 Gulf Shore Dr was built in 2006.
How does 725 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 725 Gulf Shore Dr?
725 Gulf Shore Dr is a 2 bed, 2 bath, 1,531 sqft condos.
Is 725 Gulf Shore Dr a flip candidate?
No — 725 Gulf Shore Dr does not appear in our flips dataset.
Is 725 Gulf Shore Dr a tax-appeal candidate?
No — 725 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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