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1 Bed
1 Bath
800 sqft

$369,000

480 Gulf Shore Drive 109, Destin FL, 32541

Price per sqft$461.25
Built in1986
Property size800 sqft
Property typeCondominium

Overview

Active

Listed Oct 1, 2026

Updated 2 days ago

RENOVATION-PERIOD INVESTOR OPPORTUNITY IN DESTIN POINTE Magnolia House 109 is a beautifully upgraded one-bedroom, one-bath residence featuring a designer kitchen, in-unit washer and dryer, and a private balcony overlooking lush tropical landscaping and one of the community's sparkling pools. This property comes fully furnished right down to the dishes. Located within one of Destin's premier coastal communities, Destin Pointe offers approximately 3,000 feet of beachfront, three pools, hot tubs, gated access, and a spectacular Gulf-facing infinity pool overlooking the emerald waters of the Gulf of Mexico. Magnolia House is currently undergoing an exciting modernization, See Photos: with reopening anticipated in March 2027, giving today's buyer the opportunity to purchase ahead of the building's refreshed debut. Previous Appraisal was $405,000 making Magnolia House 109 one of the most attractively priced opportunities currently available in Destin Pointe. Whether you are looking for a personal beach retreat, second home, or future vacation-rental investment, Magnolia House 109 offers an appealing combination of location, upgrades, amenities, and value. Buy ahead of the reopening and enjoy the next chapter of this Destin Pointe icon. Buyer to verify all information provided. Why Buy Now? Magnolia House is currently in the midst of an exciting transformation, with reopening anticipated in March 2027. For buyers willing to purchase during this temporary renovation period, Unit 109 presents an opportunity to secure a residence in Destin Pointe before the building's refreshed debut. The modernization of Magnolia House is expected to bring an updated coastal appearance, refreshed walkways, and a clean, modernized exterior while preserving its established location within one of Destin's most sought-after gated beach communities. For an investor or second-home buyer, the timing offers a unique advantage: purchase during the renovation period, prepare for reopening, and be positioned ahead of the 2027 spring and summer season. One of the most attractively priced opportunities currently available in Destin Pointe.

$2,455/mo

Est. mortgage payment based on a $369,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1013098

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,264
Tax Frequency
Annually
Garage
Yes
Waterfront
Yes
MLS provider logo

Courtesy of Bastion Realty LLC, 
Listing Contact: 850-377-1174 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Atwater & Henderson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:08 AM UTC, 10/2/2026

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