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.
Sold for $500,000
$500,000
480 Gulf Shore Dr Unit 205, Destin, FL 32541
2beds
895sqft
Condominium
Built in 1986
-- sqft lot
$498,000 Zestimate®
$559/sqft
$2,078 Estimated rent
Home value
$498,000
$453,000 - $548,000
$2,078/mo
Zestimate® history
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Beautifully decorated condoShuffle boardCommunity pools
Zillow last checked:
Listing updated:
Listed by:
Alicelyn W Hudson,
The Real Estate Market Inc
Bought with:
Caroline on the Coast
Berkshire Hathaway HomeServices
Source: ECAOR,MLS#: 983309
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Second
- Area: 165 Square Feet
- Dimensions: 15 x 11
Bedroom
- Level: Second
- Area: 132 Square Feet
- Dimensions: 12 x 11
Kitchen
- Level: Second
- Area: 80 Square Feet
- Dimensions: 10 x 8
Living room
- Level: Second
- Area: 575 Square Feet
- Dimensions: 25 x 23
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Features
- Breakfast Bar
- Furnished: Yes
Interior area
- Total structure area: 895
- Total interior livable area: 895 sqft
Property
Parking
- Parking features: Covered
- Has garage: Yes
Features
- Patio & porch: Deck
- Exterior features: Balcony
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Gulf, Gulf/Pass, Harbor, Lake
- Has water view: Yes
- Water view: Gulf,Gulf/Pass,Harbor,Lake
- Waterfront features: Gulf, Gulf/Pass, Coastal Dune Lakes
Details
- Parcel number: 002s24062e00002050
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- New construction: No
- Year built: 1986
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Elevators, Gated, Picnic Area, Pool, Separate Storage, Tennis Court(s), Whirlpool
- Security: Smoke Detector(s)
- Subdivision: MAGNOLIA HOUSE
Location
- Region: Destin
Financial & listing details
- Price per square foot: $559/sqft
- Tax assessed value: $510,000
- Annual tax amount: $6,040
- Date on market: 8/18/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $500,000-5.5%$559/sqft |
Source:  ECAOR #983309 Report a problem | ||
| 9/26/2025 | Pending sale | $529,000$591/sqft |
Source: ECAOR #983309 Report a problem | ||
| 9/8/2025 | Price change | $529,000-3.6%$591/sqft |
Source: ECAOR #983309 Report a problem | ||
| 8/18/2025 | Listed for sale | $549,000-12.2%$613/sqft |
Source: ECAOR #983309 Report a problem | ||
| 2/11/2022 | Sold | $625,000$698/sqft |
Source: ECAOR #887311 Report a problem | ||
| 2/8/2022 | Pending sale | $625,000$698/sqft |
Source: ECAOR #887311 Report a problem | ||
| 2/8/2022 | Listed for sale | $625,000$698/sqft |
Source: ECAOR #887311 Report a problem | ||
| 12/23/2021 | Pending sale | $625,000$698/sqft |
Source: ECAOR #887311 Report a problem | ||
| 12/20/2021 | Listed for sale | $625,000$698/sqft |
Source: ECAOR #887311 Report a problem | ||
| 12/13/2021 | Pending sale | $625,000$698/sqft |
Source: ECAOR #887311 Report a problem | ||
| 12/13/2021 | Listed for sale | $625,000+34.6%$698/sqft |
Source: ECAOR #887311 Report a problem | ||
| 11/3/2020 | Sold | $464,500+165.4%$519/sqft |
Source: Public Record Report a problem | ||
| 7/11/2014 | Sold | $175,000-12.1%$196/sqft |
Source: ECAOR #604329 Report a problem | ||
| 1/18/2014 | Price change | $199,000-11.6%$222/sqft |
Source: La Florida Coastal Properties LLC #604329 Report a problem | ||
| 9/11/2013 | Listed for sale | $225,000$251/sqft |
Source: La Florida Coastal Properties LLC #604329 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,040 0% | $510,000 |
| 2024 | $6,042 -0.8% | $510,000 |
| 2023 | $6,093 +35.6% | $510,000 +30.8% |
| 2022 | $4,493 +11.2% | $390,000 +19.8% |
| 2021 | $4,042 +34.6% | $325,500 +35.6% |
| 2020 | $3,003 +2.9% | $240,000 +4.3% |
| 2019 | $2,917 +3.4% | $230,000 +4.5% |
| 2018 | $2,821 | $220,000 +10.3% |
| 2017 | $2,821 +8.2% | $199,500 +9.9% |
| 2016 | $2,607 +10.6% | $181,500 +4.9% |
| 2015 | $2,358 +0.5% | $173,000 -0.6% |
| 2014 | $2,346 | $174,000 +10.1% |
| 2013 | -- | $158,000 |
| 2012 | -- | $158,000 -15.1% |
| 2011 | -- | $186,000 -5.6% |
| 2010 | -- | $197,000 -17.6% |
| 2009 | -- | $239,000 -6.3% |
| 2008 | -- | $255,000 -21.5% |
| 2007 | -- | $325,000 -24.4% |
| 2006 | -- | $430,000 +45.8% |
| 2005 | -- | $295,000 +49% |
| 2004 | -- | $198,000 +7.7% |
| 2003 | -- | $183,800 +5% |
| 2002 | -- | $175,000 +9.4% |
| 2001 | -- | $160,000 |
Find assessor info on the county website
Neighborhood: 32541
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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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- Florida
- Okaloosa County
- Destin
- 32541
- 480 Gulf Shore Dr Unit 205
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