502 Gulf Shore Drive 203, Destin, FL 32541

$440,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 987 Status: Pending
Current Price: $440,000 List Date: 4/05/2026 Last Modified: 4/14/2026

Description

Welcome to Islander 203--an exceptional investment opportunity offering strong rental potential and coastal appeal. This well-maintained unit features a bright, open-concept living and dining area that flows seamlessly onto a private balcony, showcasing gorgeous Gulf views and creating an inviting space for relaxation. The kitchen features white appliances including a new dishwasher as of 2025, ample cabinetry, granite countertops, and a functional layout ideal for short- or long-term stays. Spacious bedrooms provide comfort and privacy, while the primary suite includes a private bathroom with a modern double vanity for added convenience. Positioned in a highly desirable community with deeded beach access, Islander 203 attracts vacationers and seasonal residents alike. Enjoy a full suite

Supplements: of amenities, including two heated pools, two hot tubs, tennis, pickleball, and basketball courts, a fitness room, and a poolside BBQ pavilion--making this the perfect beach getaway. Whether you're expanding your portfolio or seeking a turnkey income-producing property, Islander 203 delivers the perfect blend of location, views, amenities, and investment potential. Call for a showing today!

More Information MLS# 999862

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 445.8 List Date: 2026-03-31 Current Price: $440,000 List Price: $440,000

Location, Tax and Legal

Unit #: 203 Sub Area: 1401 - Destin Beach West Elementary School: Destin Middle School: Destin High School: Fort Walton Beach Legal Description: ISLANDER PHASE I UNIT 203

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 1 # of Units in Bldg: 126 Unit Floors Above Ground: 2 Garage: No Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 987 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 Year Built: 1981

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 839 Annual Assessment Amount: 10068 Assessment Paid: Monthly New Buyer Fee: No New Buyer Fee Paid: $ Last Taxes: 5222.99 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Welcome to Islander 203--an exceptional investment opportunity offering strong rental potential and coastal appeal. This well-maintained unit features a bright, open-concept living and dining area that flows seamlessly onto a private balcony, showcasing gorgeous Gulf views and creating an inviting space for relaxation. The kitchen features white appliances including a new dishwasher as of 2025, ample cabinetry, granite countertops, and a functional layout ideal for short- or long-term stays. Spacious bedrooms provide comfort and privacy, while the primary suite includes a private bathroom with a modern double vanity for added convenience. Positioned in a highly desirable community with deeded beach access, Islander 203 attracts vacationers and seasonal residents alike. Enjoy a full suite

Waterfront

Gulf: 1

Construction Status

Construction Complete: 1

Waterview

Gulf: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Deed Access: 1 Dumpster: 1 Elevators: 1 Exercise Room: 1 Laundry: 1 Pavillion/Gazebo: 1 Pickle Ball: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1

Construction/Siding

Concrete: 1 Steel: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 TV Cable: 1

Exterior

Balcony: 1

Interior

Breakfast Bar: 1 Ceiling Crwn Molding: 1 Floor Tile: 1 Furnished - All: 1 Owner's Closet: 1 Renovated: 1 Window Treatment All: 1 Woodwork Painted: 1

Appliances

Dishwasher: 1 Disposal: 1 Freezer: 1 Microwave: 1 Refrigerator: 1 Smooth Stovetop Rnge: 1

Energy

AC - Central Elect: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Tile: 1 MBed Waterfront: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Advertising: 1 Ground Keeping: 1 Insurance: 1 Internet Service: 1 Management: 1 Recreational Faclty: 1 Security: 1 Sewer: 1 Trash: 1 Water: 1

Status Change Info

Status: Pending Under Contract Date: 2026-04-13

Location Tax and Legal

Area: 14 - Destin Street #: 502 Street Name: Gulf Shore Street Suffix: Drive State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: ISLANDER CONDO PH 2 Parcel ID: 00-2S-24-1300-0000-2030

Property Features

Construction Status: Construction Complete Waterfront: Gulf Waterview: Gulf Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dumpster; Elevators; Exercise Room; Laundry; Pavillion/Gazebo; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis Exterior: Balcony Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Tile; Furnished - All; Owner's Closet; Renovated; Window Treatment All; Woodwork Painted Appliances: Dishwasher; Disposal; Freezer; Microwave; Refrigerator; Smooth Stovetop Rnge Utilities: Electric; Phone; Public Sewer; TV Cable Energy: AC - Central Elect; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Fees Include: Accounting; Advertising; Ground Keeping; Insurance; Internet Service; Management; Recreational Faclty; Security; Trash; Water

Room Information

Dining Room Level: First Dimensions: 22 x 14 Length: 22.00 Width: 14.00 Dimensions: 22 x 14 Kitchen Level: First Dimensions: 12 x 5 Length: 12.00 Width: 5.00 Dimensions: 12 x 5 Master Bedroom Level: First Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Living Room Level: First Dimensions: 15 x 13.9 Length: 15.00 Width: 13.90 Dimensions: 15 x 13.9
Listing Office: Keller Williams Realty Destin
Last Updated: April - 14 - 2026
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