Agent profile image in chat bubble
Agent profile image in chat header

Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

Agent profile image in message

By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
main property photo 5
main property photo 6
main property photo 7
main property photo 8
main property photo 9
main property photo 10
main property photo 11
main property photo 12
main property photo 13
main property photo 14
main property photo 15
main property photo 16
main property photo 17
main property photo 18
main property photo 19
main property photo 20
main property photo 21
main property photo 22
main property photo 23
main property photo 24
main property photo 25
main property photo 26
main property photo 27
main property photo 28
main property photo 29
View All (30)
property photo 1
property photo 2
property photo 3
480 Gulf Shore Dr Unit 109 , Destin, FL 32541
$369,000
Est. Payment: $2,038.67/mo
1 Bed
1 Bath
800 Sqft
Status: Active | Days on site: 5
Get Pre-Qualified
EBST - E29912
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Harrison Lilly Team
Owner/Operator
View agent profile
Email
Call

House Description

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.
Show more

Highlights

Listed by Angela M Lemke , 850-377-1174 Bastion Realty LLC , 850-420-1959. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1986

County

Okaloosa

Area

14 - Destin

 Neighborhood

Magnolia House

Listing ID

1013098

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Vinyl
Other:
  • ▪ Additional:Breakfast Bar, Elevator, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup

Exterior Features

Lot:Unit Waterfront,Gulf/Pass,Shore - Beach
Others:
  • ▪ Additional:Balcony, BBQ Pit/Grill, Hot Tub, Tennis Court, Deck Covered
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$2,039
Taxes
$355
HOA
$0

Home Price

$369,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$73,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,038.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,038.67 $355.31 $0.00 $2,393.98
Yearly $24,464.06 $4,263.66 $0.00 $28,727.72
Total $733,921.87 $127,909.80 $0.00 $861,831.67

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T02:54:18.000Z

© 2026 Emerald Coast Multiple Listing Services