480 Gulf Shore Drive 109, Destin

$369,000

1 Bed
1 Bath
800 Sqft
0 Acre
0 Garage

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.

Essential Information
MLS® #1013098
Price$369,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage800
Year Built1986
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address480 Gulf Shore Drive 109
Area14 - Destin
SubdivisionMAGNOLIA HOUSE
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Amenities
ParkingGarage
Is WaterfrontYes
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Public Sewer, Public Water, TV Cable

Waterfront

Gulf/Pass, Shore - Beach, Waterfront

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Interior Features

Breakfast Bar, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Elevator

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
ConstructionStucco
Exterior Features

Outdoor Grill, Balcony, Hot Tub, Tennis Court(s)

Windows

Storm Window(s), Window Treatments

School Information
ElementaryDestin
MiddleDestin
HighDestin
Listing Details
OfficeBastion Realty LLC
LISTING MAP

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DISCLAIMER: 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, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 15th, 2026 at 2:37pm CDT.