Off market since Oct 2026

Off market since Oct 2026 Condo

Listed Oct 1, 2026

$369,000

480 Gulf Shore Drive Unit 109

  • 1

    Beds

  • 1

    Baths

  • 800

    Sq ft

The story

  • Pool
  • Waterfront

Unit UNIT 109 at 480 Gulf Shore Drive is a 1-bedroom, 1-bathroom condo in Destin, FL with 800 sq ft of living space, built in 1986. Highlights include a waterfront setting and a pool.

RENOVATION-PERIOD INVESTOR OPPORTUNITY IN DESTIN POINTE Magnolia 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.

Facts & features

Home type

Condo

Year built

1986

Floors

6

Price per sq ft

$461

Included features

  • Pool

    Yes

  • Cooling

    Ceiling Fans, Central Air

  • Heating

    Central

  • Appliances

    Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect

  • Flooring

    Floor Vinyl

  • Exterior

    Balcony, BBQ Pit/Grill, Hot Tub, Tennis Court

  • Sewer

    Public Sewer

Listing Broker

Bastion Realty LLC

Broker Name

Bastion Realty LLC

Agent

Angela M Lemke