480 Gulf Shore Drive 109, Destin, FL, 32541

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$369,000
New Listing

480 Gulf Shore Drive 109
Destin, FL 32541

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
800
SqFt
$461
/SqFt
1986
Built
Subdivision:
MAGNOLIA HOUSE
County:
Okaloosa
Listing courtesy of Angela M Lemke of Bastion Realty LLC

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480 Gulf Shore Drive 109480 Gulf Shore Drive 109480 Gulf Shore Drive 109480 Gulf Shore Drive 109
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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.

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Listing Snapshot
Price 
$369,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
800 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1986
MLS® Number 
1013098
Status 
Active
Property Tax 
$4,263.66
HOA/Condo/Coop Fees 
$1,231.29 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Attached Garage 
Yes
Garage 
Yes
Levels 
One
Number Of Stories 
6
Parking 
GarageAttached
Pets 
Yes
Property Sub Type 
Condominium
Security 
Fire AlarmSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
800
Style 
N/A
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Interior Features
Appliances 
CooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water HeaterSelf Cleaning OvenElectric Oven
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Vinyl
Furnished 
Furnished
Heating 
CentralElectric
Interior 
Breakfast BarKitchen IslandPantryElevator
Spa 
Yes
Window Features 
Storm Window(s)Window Treatments
Kitchen 
Dimensions - 10 x 8Level - FirstDescription - Updated kitchen
Living Room 
Dimensions - 17 x 16Level - FirstDescription - Open Concept Living room
Master Bedroom 
Dimensions - 11 x 10Level - FirstDescription - Master Has access to Another Lani,
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Exterior Features
Construction Details 
Stucco
Exterior 
Outdoor GrillBalconyTennis Court(s)
Frontage 
Waterfront
Lot Features 
Waterfront
Patio And Porch 
DeckCovered
Pool Features 
HeatedIn Ground
Spa 
Yes
Waterfront 
Yes
Waterfront Features 
Waterfront
Windows/Doors 
Storm Window(s)Window Treatments
Community Features
Association Fee 
$3693.88
Association Fee Frequency 
Quarterly
Community Features 
GatedPoolTennis Court(s)
MLS Area 
14 - Destin
Schools
School District
Unknown
Elementary School
Destin
Middle School
Destin
High School
Destin
Listing courtesy of Angela M Lemke of Bastion Realty LLC



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-10-02 02:08 AM UTC

Neighborhood & Commute
Source: Walkscore
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