2 months on rocket

480 Gulf Shore Dr Unit 502, Destin, FL, 32541

$595,000

Home List Price

$7,066*

Closing Credit

2 Bedrooms
2 Full Baths
895 SqFt
$665/SqFt
Condo

Location

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480 Gulf Shore Dr Unit 502, Destin$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Attached Garage1 space
Year Built1986
HeatingCentral
CoolingCentral Air
WaterfrontOther, Gulf, Sandy Shoreline
ViewGulf, Bay
MLS #958959
StatusActive

About 480 Gulf Shore Dr Unit 502

Discover paradise in Unit 502 at Magnolia House - the best-priced 2-bedroom condo in Destin Pointe! Located in the heart of this exclusive, gated community, youll enjoy three sparkling pools (two temperature controlled and a brand new beachside infinity pool, tennis courts, shuffleboard, and private beach access w/3000+ feet of pristine beach frontage. Perfect for second homeowners or investors seeking strong rental potential, this unit offers Gulf views, stunning sunsets, and all the charm of coastal living. Dont miss your chance to own in one of Destins most desirable communities with many loyal vacationing families that return year after year to MAGNOLIA HOUSE.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1986
  • Living Area: 895 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Destin
  • Office Phone: (850) 654-2900
  • Listing Agent: Maria V Leos, Emerald Coast Lifestyles Group

Interior Features

Interior Information:

  • Appliances: Cooktop, Disposal, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Ceiling Crown Molding, Recessed Lighting, Track Lighting, Owners Closet, Pantry, Renovated, Mirrored Walls, Washer/Dryer Hookups, Window Treatment(s), Woodwork Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Gulf, Sandy Shoreline
  • View: Gulf, Bay
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Highway 98 turn south on Gulf Shore Drive, go through three 3-way stop signs an enter Destin Pointe Gate. Magnoli House is straight ahead

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $665/SqFt

HOA Fees:

  • Amount: $3291
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,253
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

Med. Sold Price

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

480 Gulf Shore Dr Unit 502 vs Destin

86 DAYS ON ROCKET

-31 Days

$595,000

-$32.3K Less

$665/SqFt

+$285 More

KEY TAKEAWAY

This property is $32.3K less than the Median Sold Price and $285/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #958959

Listing Office:

  • Office Name: Keller Williams Realty Destin
  • Office Phone: (850) 654-2900
  • Listing Agent: Maria V Leos, Emerald Coast Lifestyles Group

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 10, 2017Home Sold
$350,000
Sep 20, 2013Home Sold
$260,000
May 17, 2001Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,253$260,000
2018$3,210$250,000
2017$2,888$221,000

History based on county public records data.

Payment Calculator

$4,134

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-110098
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.26 miles

  • Public District Grades PK-4

school-card-donut-110099
5
/10
  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 6.11 miles

  • Public District Grades PK-5

school-card-donut-110100
4
/10
  • Shalimar Elementary School

  • 1350 Joe Martin Cir

  • 6.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,932. Most Destin, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 480 Gulf Shore Dr Unit 502

What is the listing price of this property?

The listing price of 480 Gulf Shore Dr Unit 502 property is $595,000.

What type of property is this?

The property 480 Gulf Shore Dr Unit 502 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 480 Gulf Shore Dr Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,253 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 10, 2017 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 480 Gulf Shore Dr Unit 502 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 480 Gulf Shore Dr Unit 502 is 895 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 480 Gulf Shore Dr Unit 502 is 1986.

Rocket HomesFloridaOkaloosa CountyDestin32541480 Gulf Shore Dr Unit 502

This home is located at 480 Gulf Shore Dr Unit 502 in Destin, FL and zip code 32541. This 895 square foot home was built in 1986. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $595,000.

In November 2024 more than 0 listings in Destin, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 31 were sold below. The number of homes for sale in Destin, FL increased by 4.6% between October 2024 and November 2024. In November 2024 median list price was $627,355 and the average listing age was 117 days.

From Rocket Homes Real Estate and based on county public records data.

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