BEDS1
BATHS1 full
SQUARE FEET800
MLS#1013098
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONMAGNOLIA HOUSE
NEIGHBORHOOD14 - Destin
Property Description
RENOVATION-PERIOD INVESTOR OPPORTUNITY IN DESTIN POINTEMagnolia 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.
Property Features
Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Heating: Central
Home Style: N/A
Stories: 6.0
Taxes: $4,263
Year Built: 1986
Feature Descriptions
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
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
Days on Site: 12
Exterior: Stucco
Exterior: Balcony, BBQ Pit/Grill, Hot Tub, Tennis Court
Financing Terms: Conventional, Other
Flooring: Floor Vinyl
HOA: Yes
Hot Tub: Yes
Interior: Breakfast Bar, Elevator, Kitchen Island, Newly Painted, Owners Closet, Pantry, Washer/Dryer Hookup
Parcel Number: 00-2S-24-062E-0000-1090
Parking: Garage
Patio/Porch: Deck Covered
Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
Property Condition: Renovated, Construction Complete
Rooms Total: 3
Sewer: Public Sewer
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Unit Waterfront, Gulf/Pass, Shore - Beach
Window: Window Treatment All, Storm Windows
Local Schools
High School: Destin
Middle School: Destin
Elementary School: Destin
Listed By / Shown By
Listed By
Agency Name: Bastion Realty LLC
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Emerald Coast MLS
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Estimated Payment
$ 1,284.11 per month $821.23 Principal & Interest $355.25 Property Tax $107.63 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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480 Gulf Shore Drive, Unit 109 | MLS# 1013098
This condo located at 480 Gulf Shore Drive, Unit 109, Destin, FL 32541 is currently listed for sale with an asking price of $369,000. This property was built in 1986 and has 1 bedrooms and 1 full baths with 800 sq. ft. Gulf Shore Drive, Unit 109 is located in the MAGNOLIA HOUSE subdivision. Search MAGNOLIA HOUSE real estate on www.clhomes.com today.