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(850) 855-3307
Real Estate Company
502 Gulf Shore Dr Unit 403, Destin, FL 32541
- $475,000
- 2
- BD
- 2
- BA
- 987
- SqFt
- List Price
- $475,000
- Days on Market
- 0
- MLS#
- 1015237
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Condominium
- Bedrooms
- 2
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 987
- Neighborhood
- Destin Beach West
Property Description
Welcome to The Islander Unit 403 -- a turnkey, income-producing 2-bedroom, 2-bath beachfront condo on Holiday Isle with direct Gulf views and a private balcony just steps from the sand. Completely remodeled in 2018, this rare unit includes an in-unit washer and dryer and recent mechanicals (new A/C and water heater installed 5/2025) and wood plank throughout! Ideal for investors (allowing short term rentals) or owners seeking immediate rental income, Unit 403 has an outstanding rental history -- $53,000 gross through October 2026 and $41,700 gross in 2025 -- and is move-in ready. Buyers who close before year-end can start collecting the remaining high-season rental receipts right away and may benefit from year-end tax planning. Resort amenities: - Two pools (one heated seasonally) - Tennis & pickleball courts - Basketball & shuffleboard - Fitness center - Grilling pavilion - Summer kids activities & poolside fun
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Additional Information
- Appliances
- Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Electric Water Heater
- Elementary School
- Destin
- Exterior Features
- Balcony, Hot Tub
- High School
- Fort Walton Beach
- Interior Features
- Breakfast Area, Wallpaper, Elevator
- Legal Description
- ISLANDER PHASE I UNIT 403
- Middle School
- Destin
- Neighborhood
- Destin Beach West
- Community Features
- BBQ Pit/Grill, Beach Access, Community Room, Deed Access, Dumpster, Elevator, Fishing, Game Room, Gated, Laundry Facilities, No Short Term Rental, Pavillion/Gazebo, Picnic Area, Playground, Pool, Storage Facilities, Cable TV, Tennis Court(s), Spa/Hot Tub
- Subdivision
- Islander Condo
- Waterfront Features
- Gulf
- View
- Gulf
- Year Built
- 1981
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Listing courtesy of 1 Percent Lists Florida Coast.
Vendor Member Number : 28166