#972835, The Geppert Beeker Group, Listing office: Scenic Sothebys International Realty
Property details
About 480 Gulf Shore Dr Unit 109
Dont Miss this opportunity to own the best deal on the beach! Turn Key Unit ready to accept your guests, Great Rental History for under $400K, Sleeps 4. This turn Key ready unit has $31,520 on the books so far for 2025, Impressive for its first year rental. Welcome to the Magnolia House: located within the Exclusive Gated Community of Destin Pointe; this first floor condo, located one floor above ground level, has so much to offer from its tranquil tropical poolside views, offering a peaceful setting to enjoy your morning coffee on the private balcony. Surrounded by the lush greenery and calming atmosphere its the perfect start to a relaxing day. with 5-star amenities like the new upscale Gulf front infinity pool, 3000 ft Gulf Front beach, a hidden dune lake, walking paths, 3 pools and so much more. Sugar Dune Hideaway is not just a place to stay; its like home away from home; with secluded privacy in one of the most exclusive corners of Destin, Private Gated Destin Pointe Community, the Magnolia House is a low density 6-story condominium, with only 68 luxurious units, is designed to offer the perfect blend of privacy, elegance, and coastal charm; This unit has been upgraded with quality craftmanship: including a Brand New Kitchen with gorgeous granite counters: new appliances, lvp flooring and Paint, and new furnishings. The condo comes fully furnished, and move in ready; boasting a new sofa sleeper for guests: and a full sized washer and dryer. Amenities including the 3,000 Foot of Private Community beach front, with 3 pools, hot tub, Lake Christine, a rare freshwater lake located in the dunes of the gulf coast and a duck pond, a boardwalk, the Magnolia House amenities, and free parking. Multiple picnic areas, gas grilling areas, tennis, basketball, shuttle board. This property would make a great second home or investment.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size800 sqft
Year built1986
ParkingGarage
MLS #966518
WaterfrontGulf
Summary
- Full Bathrooms: 1
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range, Electric Oven, Washer
- Interior: Newly Painted, Owners Closet, Washer/Dryer Hookups
- Total Bedroom Count: 1
- Attached Garage: No
- Private Pool: No
- Parking: Garage
- Waterfront: Gulf
- Exterior: Balcony, BBQ Pit/Grill, Hot Tub, Pavillion/Gazebo, Shower, Tennis Court
- Architectural Style: N/A
- Heating: Central
- Cooling: Central Air
- List Price: $399,000
- Price/SqFt: $498
- HOA Amount: $3551 Quarterly
- Annual Tax Amount: $3,821
- Tax Year: 2023
- Directions: Emerald Coast Pkwy to Gulf Shore Drive, Take Gulf shore drive down to the end of Destin Point entrance, Magnolia House condo is in a private gated community of Destin Pointe
- Year Built: 1986
- Living Area: 800 SqFt
- MLS Number: 966518
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Bastion Realty LLC
- Office Email: kelly@bastionrealtyhomes.com
- Listing Agent: Angela M Lemke
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $360,000 | $3,821 |
| 2022 | $260,000 | $3,133 |
| 2021 | $235,000 | $3,133 |
| 2020 | $230,000 | $2,818 |
| 2018 | $165,000 | $2,118 |
| 2017 | $155,000 | $2,025 |
History based on county public records data.
Nearby schools
8
Destin Elementary School
Public District PK-4
1.3 mi
•630 Kelly St
5
Elliott Point Elementary School
Public District PK-5
6.1 mi
•301 Hughes St NE
4
Shalimar Elementary School
Public District PK-5
6.1 mi
•1350 Joe Martin Cir
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $111,932. The most common annual income of people living in Destin, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
0%
<35k
44%
35k-100k
25%
100k-200k
31%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
5%
Single, with Kids
36%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
20%
18-34 yrs old
56%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
College Football
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Express/Express For Men
BJs Wholesale Club
Stein Mart
Where do the neighbors go to eat?
Sonic
Panera
Cracker Barrel
What do the neighbors drive?
Kia
Infiniti
Lexus
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 480 Gulf Shore Dr Unit 109
The listing price of 480 Gulf Shore Dr Unit 109 property is $399,000.
The property 480 Gulf Shore Dr Unit 109 is a condo located in Destin, Florida, 32541.
Active Listing: 480 Gulf Shore Dr Unit 109 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 480 Gulf Shore Dr Unit 109 are: Destin Elementary School (GreatSchools Rating 8/10), Elliott Point Elementary School (GreatSchools Rating 5/10), Shalimar Elementary School (GreatSchools Rating 4/10), Destin Middle School (GreatSchools Rating 8/10), Northwest Florida Ballet Academie (GreatSchools Rating 10/10), Meigs Middle School (GreatSchools Rating 5/10), Choctawhatchee High School (GreatSchools Rating 4/10), Fort Walton Beach High School (GreatSchools Rating 5/10), Okaloosa Technical College and Choice High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,821 (source: MLS/based on county public records data).
The property at 480 Gulf Shore Dr Unit 109 has 1 bedroom and 1 bathroom.
The property 480 Gulf Shore Dr Unit 109 is 800 SqFt (source: MLS/tax record).
The year of construction for 480 Gulf Shore Dr Unit 109 is 1986.
This home is located at 480 Gulf Shore Dr Unit 109 in Destin, FL and zip code 32541. This 800 square foot home was built in 1986. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $399,000.
In June 2025 more than 3 listings in Destin, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 58 were sold below. Between May and June 2025, Destin, FL real estate market has seen increase in the number of listings by 3.3%. While the average time on the market in June 2025 was 125 days, the median list price was $579,000.
From Rocket Homes Real Estate and based on county public records data.