$225,000
SOLD MAR 21, 2016

Magnolia House 480 Gulf Shore Dr Unit 409 Destin, FL 32541

1 Bed
1 Bath
900 Sq Ft
0.39 Acres

Recently Sold

$250 Per Sq Ft

10% Below List Price

326 Days on Market

Highlights

  • 1,000 Feet of Public Beach Waterfront
  • Beach
  • Fishing
  • Destin Elementary School Rated A-
  • Private Pool
  • Gulf View

About This Home

As of October 2018

TURN KEY INVESTMENT Best of the best! Awesome views and fab facilities to make your vacation/2nd home memorable! Best crystal white beaches in the Continental US located on high demand Destin FL Holiday Isle. Relaxed neighborhood nestled on the end of Destin Pointe where the emerald waters of the Gulf and Jetties are all yours to walk, swim, snorkel, fish, play, sun, and enjoy! 39 Acres of Paradise! Views from Unit 409 (5th)are fabulous with sunsets that are breathtaking! Grill out by the pool, watching the sunset and enjoying the temperate Gulf Breezes! Beach Club! Pavilions! Tennis Courts! Fish off the Jetties! Has been great investment. Secrets go with property! Artfully decorated by local professional with upscale furnishings. Open floor plan feels larger than square footage. TURN KEY!

Last Agent to Sell the Property

Kay Webster

KELLER WILLIAMS REALTY GULF COAST Listed on: 04/22/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 1986

Lot Details

  • 1,000 Feet of Public Beach Waterfront

Parking

  • 2 Car Garage

Home Design

  • Newly Painted Property
  • Piling Construction

Interior Spaces

  • 900 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 00-2S-24-062E-0000-4090

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground keeping, internet service, utilities, security, trash
  • Pma Association, Phone Number (850) 664-6000
  • Magnolia House Subdivision
  • 7-Story Property

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Fishing

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,174

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Design: N/A
  • Legal Description: MAGNOLIA HOUSE,UNIT 409
  • List Type: Exclusive Right of Sale
  • Project Facilities: Beach, Elevators, Fishing, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
  • Stories In Building: 7
  • Stories In Unit: 1
  • Units Above Ground: 6.00
  • Year Built: 1986
  • Special Features: None
  • Stories: 7

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Interior Amenities: Floor Tile, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Woodwork Painted
  • Lower Floor 1 Bedrooms: 1
  • Mstr Bdrm Mstr Bath: MBath Tile
  • Total Bathrooms: 1.00
  • Estimated Heated Cooled Sq Ft: 900.00

Exterior Features

  • Pool Type: Community
  • Balcony Sq Ft: 120.00
  • Beach Frontage: 1000.00
  • Construction Siding: Block, Foundation On Piling
  • New Construction: Construction Complete
  • Exterior: Balcony
  • Pool: Yes
  • Waterfront: Gulf/Pass
  • Water View: Gulf, Gulf/Pass

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Covered

Utilities

  • Utilities: Electric, Public Water, TV Cable, Underground

Condo/Co-op/Association

  • Management Company: PMA
  • Association Management Contact: 850-664-6000
  • Fees Include: Ground Keeping, Internet Service, Other Utilities, Security, Trash

Fee Information

  • Assessment Fees: Yes
  • New Buyer Fee: Yes
  • New Buyer Fee Amt: 200.0000
  • New Buyer Fee Paid: $

Schools

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Fort Walton Beach

Lot Info

  • Assessment Amount: 2187.00
  • Homestead: No
  • Assessor Parcel Number: 00-2S-24-062E-0000-4090

Green Features

  • Energy Efficiency: AC - Central Elect, Ceiling Fans

Rental Info

  • Is Subject Leased: No

Tax Info

  • Last Taxes: 2173.53
  • Last Tax Year: 2014

Multi Family

  • Number Stories: 7.0
  • Occupancy Status: Vacation Rental

MLS Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle School: Destin

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $206,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $295,000 0.0% $330 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $295,000 +31.1% $330 / Sq Ft
03/21/2016 03/21/16 Sold $225,000 -10.0% $250 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $249,900 -- $278 / Sq Ft
Source: Navarre Area Board 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 $2,935 $242,000 $0 $242,000
2019 $2,626 $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: Navarre Area Board of REALTORS®

MLS Number: 727987

Navarre Area Board of REALTORS®

APN: 00-2S-24-062E-0000-4090