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$369,000

Listing Price

1beds

1baths

800sqft

16,991sqft lot

480 Gulf Shore Dr, Destin, FL 32541

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Condo / Townhome

Home type

472.4

Price / sqft

1986

Year built

Home Details

RENOVATION-PERIOD INVESTOR OPPORTUNITY IN DESTIN POINTEnnMagnolia 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. nnLocated 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.nMagnolia 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. nPrevious Appraisal was $405,000 making Magnolia House 109 one of the most attractively priced opportunities currently available in Destin Pointe.nWhether 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.nBuy ahead of the reopening and enjoy the next chapter of this Destin Pointe icon. Buyer to verify all information provided. Why Buy Now?nnMagnolia 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

Interior Details

Square Feet
  • 800

Bedrooms
  • 1

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 16991

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Condo/apartment

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,681

$0

$0

--%

$199,650

2019

$2,386

$0

$0

--%

$181,500

2018

$2,118

$0

$165,000

--%

$165,000

2017

$2,025

$0

$155,000

--%

$155,000

2016

$1,974

$0

$152,000

--%

$152,000

2013

$1,839

$0

$0

--%

$132,000

2012

$1,805

$0

$0

--%

$132,000

percent-home-icon

Average Home Price in 32541

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$400,000

1 Beds

1 Baths

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Sold 10/14/2026

$387,015

2 Beds

1 Baths

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91,336 Lot (sqft)

Sold 08/14/2026

$279,633

2 Beds

1 Baths

852 Sqft

91,336 Lot (sqft)

Sold 07/01/2026

$357,924

1 Beds

1 Baths

842 Sqft

292,407 Lot (sqft)

Sold 06/26/2026

$272,000

1 Beds

1 Baths

700 Sqft

22,224 Lot (sqft)

Sold 10/18/2026

$500,000

2 Beds

1 Baths

852 Sqft

91,336 Lot (sqft)

Sold 10/13/2026

$328,000

1 Beds

1 Baths

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19,121 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
369,000
$
Down payment
73,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,214
$
HOA (Monthly)
0
$
PMI
0
$
$2,389
Your Payment
Total Monthly Payment:$2,389
Percent of Income:41%
Affordable:No

Details for 480 GULF SHORE DR

Property Debt

Foreclosure Contact Details