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Off market
  • $598,500

    480 Gulf Shore Dr Unit 510, Destin, FL 32541

    2beds
    1,101sqft
    Condo
    Built in 1986
    -- sqft lot
    $598,500 Zestimate®
    $544/sqft
    $2,185 Estimated rent

    Home value

    $598,500

    $539,000 - $664,000

    $2,185/mo

    Zestimate® history
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    $4,433/mo

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    $4,433/mo

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    What's special

    This 5th floor end unit condo has exceptional views of the gulf, pass and the Destin Harbor. You will enjoy spectacular year-round sunsets from your private balcony which faces southwest. And the views don't end when the sun goes down; at night take in the nighttime scenery when the lights come on around the Harbor. Magnolia House condos afford unparalleled views of the gulf and Destin's East Pass. Each day sit back and enjoy a cup of coffee in the morning and watch the boats as they head out of the pass and then return in the afternoon sun with their days catch. This condo has been recently updated with new flooring and paint. The kitchens and baths have been remodeled with new granite counter tops and cabinets. With all the upgrades to this condo and the many amenities that Destin Pointe offers; it's no surprise that this condo consistently generates more than $30k in annual gross rental income. Destin Pointe is a one of a kind gated island community that offers two pools, two coastal dune lakes, shuffle board and tennis courts. Whether your passion is Fishing, Snorkeling at the jetties, tennis, relaxing on the more than 3,000 feet of white sand beaches; Magnolia House at Destin Pointe has it all.

    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
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Laminate
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,101 sqft

    Property

    Parking
    • Parking features: Garage - Attached, Garage - Detached
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 002S24062E00005100

    Construction

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

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $599 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $544/sqft
    • Tax assessed value: $580,000
    • Annual tax amount: $6,200

    Price history

    DateEventPrice
    6/19/2025Listing removed$667,900$607/sqft
    Source: ECAOR #952713 Report a problem
    1/23/2025Price change$667,900-4.4%$607/sqft
    Source: ECAOR #952713 Report a problem
    6/19/2024Listed for sale$699,000+112.5%$635/sqft
    Source: ECAOR #952713 Report a problem
    12/2/2013Sold$329,000$299/sqft
    Source: ECAOR #608047 Report a problem
    11/13/2013Listed for sale$329,000-25.2%$299/sqft
    Source: Resortquest Real Estate Of Florida Llc #608047 Report a problem
    3/17/2012Listing removed$440,000$400/sqft
    Source: Destin Pointe Realty Inc #569915 Report a problem
    1/15/2012Listed for sale$440,000-37.1%$400/sqft
    Source: Destin Pointe Realty Inc #569915 Report a problem
    7/30/2010Sold$700,000$636/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,200 +4.7%$476,565 +10%
    2024$5,922 +3.4%$433,241 -25.3%
    2023$5,725 +17.2%$580,000 +26.1%
    2022$4,884 +20.8%$460,000 +41.3%
    2021$4,042 +5.9%$325,500 +6.7%
    2020$3,816 +0.3%$305,000 +1.7%
    2019$3,805 -1.2%$300,000
    2018$3,852 $300,000 +5.8%
    2017$3,852 +4%$283,500 +2%
    2016$3,705 +2.6%$278,000 +5.7%
    2015$3,611 +2%$263,000 +3.1%
    2014$3,539 $255,000 +10.9%
    2013-- $230,000
    2012-- $230,000 -12.5%
    2011-- $263,000 -4%
    2010-- $274,000 -12.2%
    2009-- $312,000 -12.1%
    2008-- $355,000 -16.5%
    2007-- $425,000 -19%
    2006-- $525,000 +34.6%
    2005-- $390,000 +44.4%
    2004-- $270,000 +19.6%
    2003-- $225,800 +5%
    2002-- $215,000 +9.7%
    2001-- $196,000
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: DESTIN
    • Middle: DESTIN
    • High: FORT WALTON BEACH

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $598,500
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    +$11,970
    With Zillow Showcase(estimated)
    $610,470