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$590,000

Listing Price

3beds

2baths

975sqft

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

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Condo / Townhome

Home type

605.13

Price / sqft

1986

Year built

Home Details

Enjoy a panoramic view of the Gulf and the East Pass from the only unit with two water view balconies in Magnolia House. Totally renovated with all new appliances, cabinets, countertops, flooring, AC 4 ton unit, mini split ac and hot water heater. Rental projections of $85k - $90k from two rental mgt companies. Magnolia House is a gated community with two community pools (seasonally heated), tennis courts, shuffle board, 3000+ feet of beach frontage, great views of East Pass, the harbor and coastal dune lake. A large Gulf Front Infinity Pool is scheduled to be completed in 2024!Possible Owner Financing @ 5%. Buyer MUST have Excellent credit for consideration of financing and large down payment.

Interior Details

Square Feet
  • 975

Bedrooms
  • 3

Bathrooms
  • 2

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

$3,435

$0

$0

--%

$269,500

2019

$3,107

$0

$245,000

--%

$245,000

2018

$2,889

$0

$225,000

--%

$225,000

2017

$2,786

$0

$213,500

--%

$213,500

2016

$2,513

$0

$193,500

--%

$193,500

2014

$2,017

$0

$0

--%

$183,000

2013

$2,285

$0

$0

--%

$165,000

2012

$2,242

$0

$0

--%

$165,000

percent-home-icon

Average Home Price in 32541

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$617,263

2 Beds

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Sold 10/20/2026

$532,500

2 Beds

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Sold 10/14/2026

$400,000

1 Beds

1 Baths

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292,407 Lot (sqft)

Sold 10/14/2026

$518,776

2 Beds

1 Baths

1,066 Sqft

292,407 Lot (sqft)

Sold 08/14/2026

$387,015

2 Beds

1 Baths

852 Sqft

91,336 Lot (sqft)

Sold 08/14/2026

$357,924

1 Beds

1 Baths

842 Sqft

292,407 Lot (sqft)

Sold 06/26/2026

$431,714

2 Beds

2 Baths

987 Sqft

173,577 Lot (sqft)

Sold 06/17/2026

$499,900

2 Beds

2 Baths

1,035 Sqft

91,336 Lot (sqft)

Sold 08/06/2026

$423,658

2 Beds

2 Baths

987 Sqft

110,321 Lot (sqft)

Sold NaN/NaN/NaN

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
590,000
$
Down payment
118,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,540
$
HOA (Monthly)
0
$
PMI
0
$
$3,819
Your Payment
Total Monthly Payment:$3,819
Percent of Income:65%
Affordable:No

Details for 480 GULF SHORE DR

Property Debt

Foreclosure Contact Details