480 Gulf Shore DR #109, Destin, FL 32541
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480 Gulf Shore DR #109, Destin, FL 32541
480 Gulf Shore DR #109, Destin, FL 32541
480 Gulf Shore DR #109, Destin, FL 32541
480 Gulf Shore DR #109, Destin, FL 32541
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480 Gulf Shore DR #109 Destin, FL 32541

1 Bed

1 Bath

800 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $461

Subdivision Magnolia House

MLS Listing ID 1013098

Bedrooms 1

Full Baths 1

HOA Fees $3,693/qua

HOA Y/N Yes

Year Built 1986

Annual Tax Amount $4,263

Tax Year 2025

Property Sub-Type Condominium

Source Emerald Coast Association of REALTORS®

Land Area 800

Property Description

RENOVATION-PERIOD INVESTOR OPPORTUNITY IN DESTIN POINTE

Magnolia House 109 is a beautifully upgraded one-bedroom, one-bath residence featuring a designer kitchen, in-unit washer and dryer, and a private balcony overlooking lush tropical landscaping and one of the community's sparkling pools. This property comes fully furnished right down to the dishes.

Located within one of Destin's premier coastal communities, Destin Pointe offers approximately 3,000 feet of beachfront, three pools, hot tubs, gated access, and a spectacular Gulf-facing infinity pool overlooking the emerald waters of the Gulf of Mexico.
Magnolia House is currently undergoing an exciting modernization, See Photos: with reopening anticipated in March 2027, giving today's buyer the opportunity to purchase ahead of the building's refreshed debut.
Previous Appraisal was $405,000 making Magnolia House 109 one of the most attractively priced opportunities currently available in Destin Pointe.
Whether you are looking for a personal beach retreat, second home, or future vacation-rental investment, Magnolia House 109 offers an appealing combination of location, upgrades, amenities, and value.
Buy ahead of the reopening and enjoy the next chapter of this Destin Pointe icon. Buyer to verify all information provided. Why Buy Now?

Magnolia House is currently in the midst of an exciting transformation, with reopening anticipated in March 2027. For buyers willing to purchase during this temporary renovation period, Unit 109 presents an opportunity to secure a residence in Destin Pointe before the building's refreshed debut.

The modernization of Magnolia House is expected to bring an updated coastal appearance, refreshed walkways, and a clean, modernized exterior while preserving its established location within one of Destin's most sought-after gated beach communities.

For an investor or second-home buyer, the timing offers a unique advantage: purchase during the renovation period, prepare for reopening, and be positioned ahead of the 2027 spring and summer season.

One of the most attractively priced opportunities currently available in Destin Pointe.

Location

State FL

County Okaloosa

Community Short Term Rental - Allowed, Pickle Ball, Bbq Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, Tv Cable, Waterfront, Whirlpool

Area 14 - Destin

Direction Take Emerald Coast Parkway to Gulf Shore Drive, Follow Gulf Shore Drive to the end of Destin Pointe Entrance: Security Guard. Magnolia House is located just past the security gate. Follow the road to the right past the pond. Magnolia House is located on the LEFT

Rooms

Primary Bedroom Level Main

Master Bedroom true

Kitchen true

Interior

Interior Features Breakfast Bar, Elevator, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup

Heating Central

Cooling Ceiling Fans, Central Air

Flooring Floor Vinyl

Furnishings Furnished - All

Window Features Window Treatment All,Storm Windows

Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Hot Tub, Tennis Court, In-Ground Pool, Heated Pool, Covered Deck, BBQ / Grill, Hot Tub, Balcony, Renovated

Parking Features Garage

Pool Pool - Heated, Pool - In-Ground, Pool Type

Community Features Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront, Whirlpool

Utilities Available Electric, Public Water, TV Cable

Waterfront Description Unit Waterfront,Gulf/Pass,Shore - Beach

Accessibility 66

Porch Deck Covered

Garage No

Building

Faces Take Emerald Coast Parkway to Gulf Shore Drive, Follow Gulf Shore Drive to the end of Destin Pointe Entrance: Security Guard. Magnolia House is located just past the security gate. Follow the road to the right past the pond. Magnolia House is located on the LEFT

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Destin

Middle Schools Destin

High Schools Destin

Others

Pets Allowed No

HOA Fee Include Accounting, Ground Keeping, Insurance, Internet Service, Master Association, Sewer, TV Cable, Trash, Water

Tax ID 00-2S-24-062E-0000-1090

Security Features Fire Alarm/Sprinkler


 Emerald Coast MLS - IDX
Listed by Angela M Lemke Bastion Realty LLC

NEARBY SCHOOLS & PROPERTIES

Aaron Thompson

Aaron Thompson

Advisor License ID: SL3519273

+1(423) 413-8387

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480 Gulf Shore DR #109