NOT LISTED FOR SALE

Magnolia House 480 Gulf Shore Dr Unit 406 Destin, FL 32541

Estimated Value: $410,198 - $454,000

1 Bed
1 Bath
800 Sq Ft
$1,024/mo HOA Fee

Last Sold August 22, 2024

Last sale price $438,500 $548 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,619/month

181 Days on Market

Highlights

  • Beach Front
  • Beach
  • Intracoastal View
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of August 2024

Freshly appointed 4th floor Gulf/Pass Front condo located within the gated island community of Destin Pointe. As the owner of this one bedroom condo, you'll enjoy spectacular views of the Gulf, Destin's East Pass and Crab Island! This condo features tile and LVP floors throughout. The living space is an open concept with the kitchen, dining and living area all enjoying views of the water. The renovated kitchen has quartz counter tops, white appliances and shaker profile cabinets. The bedroom features a king size bed, flat screen TV, & access to a private lanai. Magnolia House is a small condominium located in Destin Pointe, a gated island community featuring tennis courts, shuffle board courts, 2 community pools, more than 3,000 feet of beach frontage, security and great views of the great views of the pass, harbor and coastal dune lake. Come and experience island living in this one of a kind gated community.

This unit is under contract subject to a 72 hour kick-out clause

Last Agent to Sell the Property

Caroline Wasson

Berkshire Hathaway HomeServices Listed on: 02/04/2024

Berkshire Hathaway HomeServices

Last Buyer's Agent

Michael Bell

Compass License #3475911

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $1,024 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

Home Design

  • Mirrored Walls
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Cultured Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-062E-0000-4060

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, licenses/permits, management, master, utilities, recreational faclty, security, sewer, water, cable TV, trash
  • 66 Buildings
  • 66 Units
  • Magnolia House Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Playground
  • Community Whirlpool Spa
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,971

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,024 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MAGNOLIA HOUSE
  • Directions: Drive through the Destin Pointe Guard Gate and Magnolia House is directly ahead
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1986
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterfront:GulfPass: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Unit Waterfront: Yes
  • Waterview:Intracoastal Waterwy: Yes
  • Waterfront:Intracoastal Wtrwy: Yes
  • Waterfront:Shore - Beach: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 66
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Continue Clean, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Walls Mirrored, Window Treatment All
  • Stories: 6
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Walls Mirrored: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Bay
  • Waterfront Features: Unit Waterfront, Intracoastal Wtrwy, Gulf, Gulf/Pass, Shore - Beach
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage, Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 3072.55
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Master Association, Other Utilities, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-062E-0000-4060
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 3970.9
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2024 08/22/24 Sold $438,500 -2.6% $548 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $450,000 -2.1% $563 / Sq Ft
06/06/2024 06/06/24 Price Changed $459,500 -2.2% $574 / Sq Ft
05/21/2024 05/21/24 Price Changed $469,850 -1.1% $587 / Sq Ft
04/24/2024 04/24/24 Price Changed $475,000 -1.0% $594 / Sq Ft
03/22/2024 03/22/24 Price Changed $479,750 -1.1% $600 / Sq Ft
03/14/2024 03/14/24 Price Changed $485,000 -0.9% $606 / Sq Ft
02/26/2024 02/26/24 Price Changed $489,500 -1.1% $612 / Sq Ft
02/15/2024 02/15/24 Price Changed $495,000 -0.9% $619 / Sq Ft
02/04/2024 02/04/24 For Sale $499,500 +79.0% $624 / Sq Ft
10/22/2019 10/22/19 Sold $279,000 0.0% $349 / Sq Ft View Prior Sale
09/28/2019 09/28/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $279,000 -- $349 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $3,971 $372,000 -- $372,000
2023 $3,971 $372,000 $0 $372,000
2022 $3,276 $272,000 $0 $272,000
2021 $3,067 $247,000 $0 $247,000
2020 $3,028 $242,000 $0 $242,000
2019 $2,546 $207,000 $0 $207,000
2018 $2,273 $177,000 $0 $0
2017 $2,183 $167,000 $0 $0
2016 $2,130 $164,000 $0 $0
2015 $2,227 $164,000 $0 $0
2014 $2,174 $158,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 941502

Emerald Coast Association of REALTORS®

APN: 00-2S-24-062E-0000-4060