$549,000

Magnolia House 480 Gulf Shore Dr Unit 205 Destin, FL 32541

Estimated payment $4,775/month

Total Views 272
2 Beds
2 Baths
895 Sq Ft
$613 Price per Sq Ft

Highlights

  • Lake Front
  • Beach
  • Gulf View
  • Destin Elementary School Rated A-
  • Spa
  • Gated Community

About This Home

Perfect mix of serenity and great investment opportunity at this gulf front mid rise condo unit located in a family gated community. Relax on the balcony overlooking the pool and gulf/pass in this beautifully decorated condo that sleeps 6-8 people. The community offers tennis, shuffle board, 3 community pools, and more than 3000 feet of beach frontage. 24 hour security and great views of the pass, harbor and coastal dune lake.

Listing Agent

Alicelyn Hudson

The Real Estate Market Inc License #591633 Listed on: 08/18/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,093

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $1,276 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

Interior Spaces

  • 895 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Deck

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2s-24-062e-0000-2050

Community Details

Overview

  • 66 Buildings
  • 66 Units
  • Magnolia House Subdivision
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Community Whirlpool Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,093

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,276 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MAGNOLIA HOUSE
  • Directions: From Hwy 98 turn south on Gulf Shore Dr. At 3rd stop sign drive straight through to the entrance of Destin Point. Stop at guard gate then proceed on Melrose Dr. around to Magnolia House.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1986
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterfront:GulfPass: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Coastal Dune Lakes: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Number Of Buildings: 66
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar
  • Stories: 5
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Harbor, Gulf, Lake
  • Waterfront Features: Coastal Dune Lakes, Gulf, Gulf/Pass
  • Waterfront: Yes
  • Exterior Features: Balcony, Hot Tub
  • Patio And Porch Features: Deck Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Hot Tub: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Phone, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Elevators, Gated Community, Picnic Area, Pool, Separate Storage, Tennis, Whirlpool
  • Association #2 Fee: 3826.94
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2s-24-062e-0000-2050

Multi Family

  • Number Of Units In Community: 66

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,093 $510,000 -- $510,000
2023 $6,093 $510,000 $0 $510,000
2022 $4,493 $390,000 $0 $390,000
2021 $4,042 $325,500 $0 $325,500
2020 $3,003 $240,000 $0 $240,000
2019 $2,917 $230,000 $0 $230,000
2018 $2,821 $220,000 $0 $0
2017 $2,607 $199,500 $0 $0
2016 $2,358 $181,500 $0 $0
2015 $2,346 $173,000 $0 $0
2014 $2,387 $174,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $549,000 -12.2% $613 / Sq Ft
02/11/2022 02/11/22 Sold $625,000 0.0% $698 / Sq Ft
02/08/2022 02/08/22 For Sale $625,000 +257.1% $698 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
07/11/2014 07/11/14 Sold $175,000 0.0% $196 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $175,000 -- $196 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $348,375 New Conventional
Closed $140,000 New Conventional
Closed $0 New Conventional
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 983309

Emerald Coast Association of REALTORS®

APN: 00-2S-24-062E-0000-2050