3 months on rocket

480 Gulf Shore Dr Unit 506, Destin, FL, 32541

$580,000

Home List Price

$6,888*

Closing Credit

1 Bedroom
1 Full Bath
800 SqFt
$725/SqFt
Condo

Location

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480 Gulf Shore Dr Unit 506, Destin$580,000

Buyer Closing Credits

$6,888*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Year Built1986
HeatingCentral
CoolingCentral Air
ViewGulf
MLS #957424
StatusActive

About 480 Gulf Shore Dr Unit 506

This Condo has AWESOME GULF & PASS VIEWS... AT MAGNOLIA HOUSE, IN DESTIN POINTE One of the last natural and unspoiled, beautiful spots in Destin, Florida. Views abound in all directions that is perfectly located on the 5th floor at Magnolia House, a low rise/low density condominium located among luxury, residential single family homes. Magnolia House is tucked away within the private and gated community of Destin Pointe and offers panoramic views of the Gulf, and the East Pass of Destin with sunrises and sunsets to be enjoyed year round.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1986
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Ryan Orr

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Owners Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Drive through the Destin Pointe guard gate and Magnolia Head is straight ahead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $580,000
  • Price Per SqFt: $725/SqFt

HOA Fees:

  • Amount: $3072
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,903
  • 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 506 vs Destin

119 DAYS ON ROCKET

+2 Days

$580,000

-$47.3K Less

$725/SqFt

+$345 More

KEY TAKEAWAY

This property is $47.3K less than the Median Sold Price and $345/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: #957424

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Ryan Orr

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, 7:21:09 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

Aug 25, 2014Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,903$246,000
2018$2,324$181,000
2017$2,235$171,000

History based on county public records data.

Payment Calculator

$3,986

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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NMLS#3030

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-80930
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.26 miles

  • Public District Grades PK-4

school-card-donut-80931
5
/10
  • Elliott Point Elementary School

  • 301 Hughes St NE

  • 6.11 miles

  • Public District Grades PK-5

school-card-donut-80932
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. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 480 Gulf Shore Dr Unit 506

What is the listing price of this property?

The listing price of 480 Gulf Shore Dr Unit 506 property is $580,000.

What type of property is this?

The property 480 Gulf Shore Dr Unit 506 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 480 Gulf Shore Dr Unit 506 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 $2,903 (source: MLS/based on county public records data).

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

The last sale was on August 25, 2014 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 480 Gulf Shore Dr Unit 506 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 480 Gulf Shore Dr Unit 506 is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 480 Gulf Shore Dr Unit 506 is 1986.

Rocket HomesFloridaOkaloosa CountyDestin32541480 Gulf Shore Dr Unit 506

This home is located at 480 Gulf Shore Dr Unit 506 in Destin, FL and zip code 32541. This 800 square foot home was built in 1986. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $580,000.

Destin, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 31 sold below. In November 2024 in Destin, FL there were 4.6% more homes for sale than in October 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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