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480 Gulf Shore Drive, Unit 109
Destin, FL 32541

$369,000 - Status: Pending

Beds: 1

Baths: 1 full

SQFT (H&C): 800

MLS# 1013098

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

MLS#: 1013098

Zip: 32541

Subdivision: Magnolia House

Development: 14 - Destin

Property Type: Residential - Condominium

Cooling: Ceiling Fans, Central Air

Days on Site: 29

Heating: Central

Home Style: N/A

Stories: 6.0

Taxes: $4,263

Year Built: 1986

SQFT (H&C): 800

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: $0

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

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

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 aphillips.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Bastion Realty LLC

Shown By

Agent Name: Andrew Phillips
Agent Phone: (850) 819-2764
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/31/2026. The listing information on this page last changed on 10/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 10/31/2026 12:41:11 AM EST) or Emerald Coast MLS (last updated Sat 10/31/2026 12:05:30 AM EST) or Central Panhandle Association of Realtors (last updated Sat 10/31/2026 12:37:22 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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480 Gulf Shore Drive, Unit 109Destin, FL 32541