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Off market
  • $788,500

    480 Gulf Shore Dr #Penthouse 603, Destin, FL 32541

    2beds
    1,364sqft
    Condo
    Built in 1986
    -- sqft lot
    $788,500 Zestimate®
    $578/sqft
    $2,447 Estimated rent

    Home value

    $788,500

    $710,000 - $875,000

    $2,447/mo

    Zestimate® history
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    $5,677/mo

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    $5,677/mo

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    What's special

    This expansive top floor/penthouse condo is exquisitely appointed and is the largest condo in Magnolia House. The open living/dining/kitchen areas are ideal for entertaining and offer breath taking views of the Gulf and Destin's East Pass. This penthouse features stone tile floors throughout its French coastal decor............The Master Suite is Gulf front and features its own balcony and walk-in closet. The Master bath has a soaking tub and separate shower; along with his & hers vanities. The front lanai allows for you to enter straight into the Master Bath upon returning from a day at the beach. The large guest suite too has received the same thoughtful attention to detail. 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, 24 hour security and great views of the pass, harbor and coastal dune lakes. Come and experience island living in this one of a kind gated community.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,364 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 002S24062E00006030

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1986

    Community & HOA

    Community
    • Features: Fitness Center
    HOA
    • Has HOA: Yes
    • HOA fee: $599 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $578/sqft
    • Tax assessed value: $710,000
    • Annual tax amount: $8,409

    Price history

    DateEventPrice
    9/29/2017Listing removed$549,000$402/sqft
    Source: Resortquest Real Estate Destin #777817 Report a problem
    6/17/2017Listed for sale$549,000+40.9%$402/sqft
    Source: Resortquest Real Estate #777817 Report a problem
    1/1/2001Sold$389,500+21.7%$286/sqft
    Source: Agent Provided Report a problem
    3/3/1998Sold$320,000$235/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,409 0%$710,000
    2024$8,411 +61.7%$710,000 +49.8%
    2023$5,203 +2.3%$474,068 +3%
    2022$5,083 +2.3%$460,260 +15.1%
    2021$4,967 +3.1%$400,000 +3.9%
    2020$4,817 -1.4%$385,000
    2019$4,884 +0.8%$385,000
    2018$4,844 $385,000 +14.6%
    2017$4,844 +10.3%$336,000 +2%
    2016$4,391 +2.6%$329,500 +3%
    2015$4,280 -0.3%$320,000 +3.2%
    2014$4,294 $310,000 +9.9%
    2013-- $282,000
    2012-- $282,000 -12.1%
    2011-- $321,000 -5%
    2010-- $338,000 -12.9%
    2009-- $388,000 -12%
    2008-- $441,000 -18.3%
    2007-- $540,000 -16.9%
    2006-- $650,000 +47.7%
    2005-- $440,000 +39.7%
    2004-- $315,000 +14.3%
    2003-- $275,600 +6%
    2002-- $260,000 +13%
    2001-- $230,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
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    $788,500
    2% more
    +$15,770
    With Zillow Showcase(estimated)
    $804,270