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480 Gulf Shore Drive, Unit 509
Destin, FL 32541

$549,000 - Status: Active
Bed Icon Beds: 2
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 895
MLS Icon MLS# 1000727

Experience the perfect blend of elevated views, flexibility, and investment potential in this Gulf-front mid-rise residence, ideally positioned on the 5th floor within the gated, amenity-rich coastal community of Destin Pointe.From your private balcony, take in sweeping views of the pool, Gulf, and East Pass--an outlook that only a limited number of higher-floor units in Magnolia House can offer. The added elevation not only enhances the view but provides a greater sense of privacy and connection to the surrounding coastal landscape.Inside, Unit 509 offers a unique and highly desirable flex-space design--one of only a handful of units in the building with this capability. An accordion-style wall allows you to easily transform the layout to suit your needs: open it up for an expansive, light-filled living area ideal for entertaining, or close it off to create a private second bedroom for guests. This versatility makes the residence equally appealing as a personal retreat or a high-performing rental.The condo is tastefully appointed and designed for both relaxation and functionality.Residents and guests enjoy access to an exceptional array of amenities, including over 3,000 feet of pristine beach frontage, multiple pools, tennis courts, shuffleboard, and 24-hour gated security--all within one of the most sought-after communities along the Emerald Coast.Whether you're seeking a flexible coastal getaway or a smart investment opportunity, Unit 509 offers a rare combination of view, versatility, and value.

Property Features

MLS#: 1000727
Zip: 32541
Subdivision: Magnolia House
Development: 14 - Destin
Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Home Style: N/A
Stories: 6.0
Taxes: $5,503
Year Built: 1986
SQFT (H&C): 895

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Washer, Water Heater - Elect
Community Features: BBQ Pit/Grill, Beach, Elevators, Gated Community, Picnic Area, Pool, Separate Storage, Tennis, Whirlpool
Exterior: Balcony, Hot Tub
Hot Tub: Yes
Interior: Breakfast Bar
Parcel Number: 00-2S-24-062E-0000-5090
Parking: Covered
Patio/Porch: Deck Open
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 4
Special View Info: Harbor, Gulf, Lake
Sub Type: Condominium
Utilities: Electric, Phone, TV Cable
Waterfront: Coastal Dune Lakes, Gulf, Gulf/Pass

Room Sizes

Bedroom: 15 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Living Room: 25 X 23 Level - Second
Kitchen: 10 X 8 Level - Second

Local Schools

High School: Destin
Middle School: Destin
Elementary School: Destin

480 Gulf Shore Drive, Unit 509 | MLS# 1000727

This condo located at 480 Gulf Shore Drive, Unit 509, Destin, FL 32541 is currently listed for sale with an asking price of $549,000. This property was built in 1986 and has 2 bedrooms and 2 full baths with 895 sq. ft. Gulf Shore Drive, Unit 509 is located in the MAGNOLIA HOUSE subdivision. Search MAGNOLIA HOUSE real estate on ksmith.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices

Shown By

Agent Name: Karen Smith
Agent Phone: (850) 527-5651
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/16/2026. The listing information on this page last changed on 04/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/16/2026 3:53:21 PM EST) or Emerald Coast MLS (last updated Thu 04/16/2026 3:47:27 PM EST) or Central Panhandle Association of Realtors (last updated Thu 04/16/2026 3:48:14 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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