Back 603/480 Gulf Shore Drive
Off Market

603/480 Gulf Shore Drive

Destin FL 32541

3
2
1364 sq. ft.
Condo
Last sold for $799,000
Melanie CastleMelanie Castle, last sold this property on 24 October 2025 after 686 days on market.

Overview

Most unique water views in the Destin area with southern views of the Gulf of America as well as panoramic western views of the East Pass! View extends from Gulf into the Destin Harbor! Only unit in Magnolia House with two balconies and water views from living area and two bedrooms. Renovated with all new cabinets, countertops, flooring, appliances, HVAC unit, mini split ac and hot water heater. Rental projections of $85k - $90k from two rental mgt companies. Magnolia House is a gated community with three community pools. The newest pool is gulf front with a gorgeous view of the Gulf of America. Other community amenities include tennis courts, shuffle board, 3000+ feet of beach frontage, great views of East Pass, the harbor and coastal dune lake.

Features

3 bedrooms
2 bathrooms
1364 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Destin over the last 12 months, the estimated median property value of 603/480 Gulf Shore Drive is $1.15m.

Median value
$1.15m
Estimated value range
$280k - $3.25m
Median days on market
79
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Destin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 603/480 Gulf Shore Drive

2025
Sold
$799,000
24 Oct 2025 by Melanie Castle, of Bella Beach Services LLC
2019
Sold
$489,000
20 May 2019

Happy sellers in Destin

64%
64% of sellers in Destin reported that their sale price either exceeded or met their price expectations.

Destin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Destin over the last 12 months.

Local market activity for 3 bedroom condos in Destin

In the last 12 months, 84 three-bedroom condos similar to 603/480 Gulf Shore Drive, have been sold.

This represents a 15% increase in three-bedroom condos sales when compared to the previous 12 months.

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