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$626,000
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Property Description
Wonderful 2 Bd/2 Ba condo unit on Holiday Isle with gorgeous unobstructed views of the East Pass & the Gulf. Living areas and primary bedroom both open onto the balcony where you can soak up the incredible views. Both sliding doors to the balcony were replaced 3 years ago. Kitchen updates prior to that include a built-in Sub Zero refrigerator, granite countertops. Ready for your updates/ decorator touches to convert this to an amazing vacation rental. Unit is on the 1st floor above the parking garage - very few steps to the front door, but beautiful elevated westly views - gorgeous sunsets. Magnolia House is a unique condo, located within Destin Pointe, gated island community featuring 3 pools, 24 hr security AND over 3,000 feet of beach, making a great vacation rental or call it home!
Full Property Details
Full Property Details for 480 Gulf Shore Dr #111
General
- Price: $626,000
- Taxes: $5,110 (2024)
- Status: Active
- Type: Condo /Townhouse
- Source: Emerald_Coast
- MLS ID: 990601
- Updated: 12/2/2025
- Added to Site: 46 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Area, Kitchen, Living Room
- Interior Features: Breakfast Bar, Floor Tile, Plantation Shutters, Split Bedroom, Window Treatment All
- Appliances: Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: BBQ Pit/Grill, Fishing, Gated Community, Pets Allowed, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
- Pool: Yes
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Parking: Garage Attached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Magnolia House
- Driving Directions: From Harbor Blvd, (Hwy 98) turn south onto Gulf Shore Dr. At the curve, go straight to the gate entrance to Destin Pointe. Beyond the gate, turn left and follow Melrose Ave. around to Magnolia House.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water, TV Cable
Structural Information
- Construction: Concrete, Roof Metal, Stucco
- Stories/Levels: 0
- Stories in Building: 6
- Square Feet: 975
- Sq. Ft. Source: Condo Docs
- Year Built: 1986
Unit Information
- Units in Building: 66
Lot Features
- Property View: Gulf, Gulf/Pass
Water Features
- Water Front Type: Gulf, Gulf/Pass, Shore - Beach, Unit Waterfront
Financial Considerations
- Assessment Amount: $4,059
- Assmt Payment Freq: Quarterly
- Tax Amount: $5,110
- Tax Year: 2024
- Terms: Conventional, VA
Disclosures and Reports
- Legal Description: MAGNOLIA HOUSE UNIT 111
- Assessment: Yes
- APN: 00-2S-24-062E-0000-1110
Listed by Seahorse Realty Inc
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Price & Sales History for 480 Gulf Shore Dr #111
Date
Details
Price
Change
Source
12/02/2025
Listed
$626,000
1.38%
MLS
4/14/2022
Sold
$617,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 480 Gulf Shore Dr #111
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,459
—
$500,000
—
2024
$5,465
-1%
$500,000
—
2023
$5,513
44%
$500,000
56%
2021
$3,821
-17%
$320,000
-28%
2022
$4,593
20%
$445,000
59%
2021
$3,821
23%
$280,000
14%
2019
$3,108
8%
$245,000
9%
2018
$2,889
4%
$225,000
5%
2017
$2,786
11%
$213,500
10%
2016
$2,513
-1%
$193,500
3%
2015
$2,545
26%
$188,000
3%
2014
$2,018
-12%
$183,000
11%
2013
$2,286
—
$165,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 480 Gulf Shore Dr #111
480 Gulf Shore Drive #111, Destin, FL 32541 (MLS# 990601) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 480 Gulf Shore Drive #111 is currently listed for $626,000 and was received on December 02, 2025. Want to learn more about 480 Gulf Shore Drive #111? Do you have questions about finding other Condo / Townhouse real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

