Condo / High-rise home in Destin, FL
Set in Destin, FL, this Condo condo provides 2 bedrooms and 2 bathrooms across 987 square feet. Its Condo character defines the property's look.
| Price | $399,900 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 987 |
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| Architectural style | Condo / High-rise (99% match) |
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| Address | 502 Gulf Shore Dr Unit 314, Destin, FL 32541 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $400K, this home is 23% below the $520K median for 260 similar Condo / High-rise homes in Destin, FL.
- That works out to $405 per square foot, 11% below the $456 comparable rate.
- On the market 31 days.
| This home | $399,900 |
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| Condo / High-rise median in Destin, FL | $519,900 (260 homes) |
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| Price per sq ft | $405 vs. $456 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,642/month with 20% down at a 7.28% 30-year fixed rate. You would need about $113,235 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,189/mo |
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| Property tax (new-buyer reassessed rate) | $303/mo |
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| Homeowners insurance | $150/mo |
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| Total monthly | $2,642/mo |
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| Down payment (20%) | $79,980 |
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| Income needed | $113,235/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (63 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (63/100) |
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| Beats renting in | 15% of modeled paths |
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| Modeled 5-yr equity (median) | $193,830 |
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| Range (10th to 90th pct) | $113,987 to $286,413 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow