Wonderful 2 Bd/2 Ba condo unit on Holiday Isle with gorgeous unobstructed views of the East Pass & the Gulf. Living areas and primary bedroom both open onto the balcony where you can soak up the incredible views. Both sliding doors to the balcony were replaced 3 years ago. Kitchen updates prior to that include a built-in Sub Zero refrigerator, granite countertops. Ready for your updates/ decorator touches to convert this to an amazing vacation rental. Unit is on the 1st floor above the parking garage - very few steps to the front door, but beautiful elevated westly views - gorgeous sunsets. Magnolia House is a unique condo, located within Destin Pointe, gated island community featuring 3 pools, 24 hr security AND over 3,000 feet of beach, making a great vacation rental or call it home!
For sale
Price cut: $5K (7/21)
$590,000
480 Gulf Shore Dr Unit 111, Destin, FL 32541
2beds
975sqft
:
Get pre-qualified$3,806/mo
Condominium
Built in 1986
-- sqft lot
$-- Zestimate®
$605/sqft
$-- HOA
What's special
Gated island communityGranite countertopsGorgeous sunsetsBuilt-in sub zero refrigerator
- 241 days |
- 192 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Gregory M Smith,
Seahorse Realty Inc
Source: ECAOR,MLS#: 990601
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 180 Square Feet
- Dimensions: 15 x 12
Bedroom
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Dining area
- Level: First
- Area: 96 Square Feet
- Dimensions: 12 x 8
Kitchen
- Level: First
- Area: 80 Square Feet
- Dimensions: 10 x 8
Living room
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater
Features
- Breakfast Bar, Split Bedroom
- Flooring: Tile
- Windows: Plantation Shutters, Window Treatments
Interior area
- Total structure area: 975
- Total interior livable area: 975 sqft
Property
Parking
- Parking features: Garage - Attached
- Has attached garage: Yes
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf, Gulf/Pass
- Has water view: Yes
- Water view: Gulf,Gulf/Pass
- Waterfront features: Gulf, Gulf/Pass, Shore - Beach, Waterfront
Details
- Parcel number: 002S24062E00001110
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete, Stucco
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 1986
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Fishing, Gated, Pool, TV Cable, Tennis Court(s), Waterfront, Short Term Rental - Allowed
- Subdivision: MAGNOLIA HOUSE
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Management, Recreational Faclty, Security, Cable TV, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $605/sqft
- Tax assessed value: $500,000
- Annual tax amount: $5,110
- Date on market: 12/2/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $590,000-0.8%$605/sqft |
Source:  ECAOR #990601 Report a problem | ||
| 5/8/2026 | Price change | $595,000-5%$610/sqft |
Source: ECAOR #990601 Report a problem | ||
| 12/2/2025 | Listed for sale | $626,000+1.4%$642/sqft |
Source: ECAOR #990601 Report a problem | ||
| 4/14/2022 | Sold | $617,500$633/sqft |
Source: ECAOR #891660 Report a problem | ||
| 3/3/2022 | Pending sale | $617,500$633/sqft |
Source: ECAOR #891660 Report a problem | ||
| 2/28/2022 | Listed for sale | $617,500-7.4%$633/sqft |
Source: ECAOR #891660 Report a problem | ||
| 2/9/2006 | Sold | $667,000$684/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,459 -0.1% | $500,000 |
| 2024 | $5,465 -0.9% | $500,000 |
| 2023 | $5,513 +20% | $500,000 +12.4% |
| 2022 | $4,593 +20.2% | $445,000 +39.1% |
| 2021 | $3,821 +11.2% | $320,000 +14.3% |
| 2020 | $3,435 +10.5% | $280,000 +14.3% |
| 2019 | $3,108 +7.6% | $245,000 +8.9% |
| 2018 | $2,889 | $225,000 +5.4% |
| 2017 | -- | $213,500 +10.3% |
| 2016 | -- | $193,500 +2.9% |
| 2015 | -- | $188,000 +2.7% |
| 2014 | -- | $183,000 +10.9% |
| 2013 | -- | $165,000 |
| 2012 | -- | $165,000 -15.4% |
| 2011 | -- | $195,000 -5.3% |
| 2010 | -- | $206,000 -19.2% |
| 2009 | -- | $255,000 -12.1% |
| 2008 | -- | $290,000 -17.6% |
| 2007 | -- | $352,000 +59.8% |
| 2006 | -- | $220,293 +3% |
| 2005 | -- | $213,877 +3% |
| 2004 | -- | $207,648 +1.9% |
| 2003 | -- | $203,776 +2.4% |
| 2002 | -- | $199,000 +13.1% |
| 2001 | -- | $176,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.2 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 4.7 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 8.4 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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