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2 Beds
2 Baths
987 sqft

$475,000

502 Gulf Shore Drive 403, Destin FL, 32541

Price per sqft$481.26
Built in1981
Property size987 sqft
Property typeCondominium

Overview

Active

Listed Nov 10, 2026

Updated 54 min ago

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

$3,160/mo

Est. mortgage payment based on a $475,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1015237

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,877
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
Waterfront
Yes
MLS provider logo

Courtesy of 1 Percent Lists Florida Coast, 
Listing Contact: 504-289-5400 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Holahan Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:37 PM UTC, 11/11/2026

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