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Dream Destin Realty

Destin · Condo Building

The Aegean Condos for Sale

A 1975 condominium of 80 residences at 520 Gulf Shore Drive on Holiday Isle, on a 6.03 acre parcel whose boundary is the Gulf shoreline and which FEMA maps entirely inside the special flood hazard area, with Old Pass Lagoon under 250 feet behind it.

Updated

1975

Year Built

80

Total Units

Yes

Gulf Front

Year built, floor and unit figures are as published by the sources cited at the foot of this page. Confirm them against the association's own documents during diligence.

Guest rating

4.8 out of 5

From 488 guest reviews on Airbnb and Vrbo

Across 24 rental listings with guest reviews in The Aegean

  • Airbnb 4.8
  • Vrbo 4.8
See what guests rate

About The Aegean

Two waters define this parcel and the county's own layers name both. The 6.03 acre footprint that carries all 80 residences meets the Gulf polygon along a shared edge instead of overlapping into it, which is the distinction between owning frontage and standing near it, and this parcel is one of those the state's coastal construction control line divides. Behind it, under 250 feet away, sits Old Pass Lagoon. The consequence shows in the flood mapping, and it is unlike anything else recorded in this part of Destin. Every square foot of the parcel falls inside a special flood hazard area: Zone VE at 12 and 15 feet of base flood elevation along the water, Zone AE at 7 and 8 feet behind it, and no Zone X polygon anywhere on the property. Neighboring beachfront addresses on this island routinely carry a slice of Zone X. This one carries none.

The recorded vintage is 1975, not the later date the building is often given. All 80 unit parcels return that same actual year built, and the header row the county keeps under this name puts the total at 80 units in so many words. Address points place them at 520 Gulf Shore Drive in a 1xx, 2xx and 3xx numbering series.

Height is the one thing the record does not settle, and saying so is more useful than guessing. The county's floor attribute assigns 20 residences to the first level, 20 to the second and 40 to the third, a distribution that grows rather than shrinks with height, and the attribute reproduces the leading digit of each unit designator exactly. The county's structure layer maps three separate building outlines on the parcel, of roughly 23,700, 21,400 and 7,800 square feet, which would explain a 1, 2, 3 series that identifies buildings rather than stories. Because Florida's milestone structural inspection, its structural integrity reserve study and its balcony certificate each key off a Florida Building Code determination of how many stories this property stands, three habitable stories or more for the first two and three stories or more for the third, this is a question to put to the association in writing rather than to infer from an address. The building's immediate neighbors on the roll are the Gulfshore and Destin on the Gulf condominiums and the Holiday Isle plat.

HOA & Fees

What is the HOA fee at The Aegean?

As of November 11, 2026, the 4 The Aegean condos for sale that report a fee on the MLS list HOA fees from $1,465 to $1,703 a month, with a median of $1,465 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.

Based on 4 active MLS listings that report an HOA fee. See the listings

Put the height question in writing before anything else, because three separate Florida obligations hang on the answer and the public record does not resolve it here. The milestone structural inspection under section 553.899 is the first of them, and its schedule is doubly unsettled at this address: the clock runs from a certificate of occupancy this page could not obtain, and a local enforcement agency is free to shorten that clock by five years for a building sitting where this one sits, with the Gulf along one edge and Old Pass Lagoon under 250 feet behind. Section 718.112 requires a structural integrity reserve study every 10 years for each building on the condominium property three habitable stories or higher, and for any budget adopted from December 31, 2024 onward it forbids an owner-controlled association subject to that study from funding the listed items below the study's figure. Ask the association which determination applies to this property, then ask for the study and the inspection file that follow from it.

Rental Policy

Short-term rentals: allowed. Confirm the current minimum stay and registration with the association.

Whether The Aegean counts as three or more stories under the building code is still an open question. If it does, Florida asks lodging buildings that tall to file a balcony, platform, stair and railing safety certificate every three years. The state also licenses any Aegean condo used for short stays. Get that license before guests arrive. Condo ownership is no exemption. Destin adds its own city registration. The Aegean declaration has not been checked. Ask the association for three things together: the declaration, the height answer and the current safety certificate.

What guests say about staying here

Combined Airbnb and Vrbo ratings for the vacation rentals in The Aegean.

4.8 out of 5

488 reviews across 24 reviewed listings

  • Airbnb 4.8 from 33 reviews on 3 reviewed listings
  • Vrbo 4.8 from 455 reviews on 21 reviewed listings

What Airbnb guests rate

  • Cleanliness4.9
  • Accuracy4.8
  • Check-in4.9
  • Communication4.9
  • Location5.0
  • Value4.8

Guests rate the location highest.

These ratings describe the vacation rentals in The Aegean, not any one unit for sale.

Market data by Key Data · 24 units tracked in The Aegean · Nov 2025 to Nov 2026

  • Gulf shoreline forms the parcel boundary at 520 Gulf Shore Drive
  • Eighty residences, all recorded at a 1975 year built
  • Whole 6.03 acre parcel inside a special flood hazard area, no Zone X
  • Old Pass Lagoon within 250 feet behind the property

Live Inventory

Active Listings at The Aegean

The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.

Building Answers

The Aegean FAQ

How much is the HOA fee at The Aegean?

As of November 11, 2026, the 4 The Aegean condos for sale that report a fee on the MLS list HOA fees from $1,465 to $1,703 a month, with a median of $1,465 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.

When was The Aegean actually built?

1975. All 80 of the condominium's unit parcels carry that actual year built on the county roll, with no second phase under a different date, and the header row the county keeps for this property puts the count at 80 units. Dates a year or two later that circulate for this building are not what the parcel record says.

Does The Aegean sit on the Gulf?

Yes, and by the strict test rather than by description. Its parcel and the county's Gulf polygon meet along a common edge without overlapping, a segment of the state's coastal construction control line runs through it, and the effective FEMA mapping lays Zone VE across part of it at base flood elevations of 12 and 15 feet.

How many levels does The Aegean have?

The public record does not settle it, and this page will not guess. The county's floor attribute reads 20 residences on level one, 20 on level two and 40 on level three, a count that rises with height, and it mirrors the leading digit of each unit number. The county also maps three separate building outlines on the parcel, so the series may identify buildings. Ask the association for the Florida Building Code determination.

Sources

Nearby Buildings in Holiday Isle

Other Destin Condo Buildings

Destin Communities

Communities in This Market

From our blog

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