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

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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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1 (855) 200-2001

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.

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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.

Destin, FL

City

Med. Sold Price

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

480 Gulf Shore Dr Unit 506 vs Destin

89 DAYS ON ROCKET

+26 Days

$580,000

-$53.2K Less

$725/SqFt

+$341 More

KEY TAKEAWAY

This property is $53.2K less than the Median Sold Price and $341/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

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: 11/18/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Aug 25, 2014	Aug 25, 2014Home Sold	$235,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,903	$246,000
2018	$2,324	$181,000
2017	$2,235	$171,000

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Okaloosa County›Destin›32541›480 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.

In October 2024, from all listings sold in Destin, FL there were more than 0 sold above asking price, over 32 sold below and more than 3 were sold right at the asked price. The number of listings in Destin, FL increased by 4.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 63 days, the median list price was $633,205.

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