About This Home

This 3-bedroom, 2-bathroom single family at 1038 Magnolia Ln in Gulf Breeze, FL is listed for $549,000 ($340 per sqft). Built in 1981, the home offers 1,616 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1981
  • 0.31 acre lot
  • 2 stories
  • 2 parking spaces
  • Fireplace

Property Details

2 stories
2 full
2 spaces
1981

Amenities

FireplaceViewA/C
Listing Description

Wake up to water views in this home in Santa Rosa Shores, where a nice-sized balcony puts the Gulf Breeze lifestyle right outside your door. The current owners have invested more than $100,000 into the home - including the kitchen, bathrooms, living room, mudroom, and a new HVAC system - all done thoughtfully over time.

An exterior elevator makes coming and going easy, and the ground level offers a covered carport for several vehicles, including a boat. A public boat launch is less than a quarter mile away, with Tiger Point Golf Course about a mile out. The main living area features two sliding glass doors that bring in an abundance of natural light and open onto the balcony with southern exposure.

The living room centers around a wood-burning fireplace. The kitchen opens to the dining area and breakfast bar, all sharing in those water views. The primary bedroom also opens to the balcony and includes a large walk-in closet. Its updated en suite bathroom features a garden tub, zero-entry walk-in shower, and double vanities with quartz countertops.

Both guest bedrooms are comfortably sized - one with its own balcony access - and share an updated second bathroom positioned between them. A large mudroom with laundry completes the home's interior. A large, enclosed workshop next to the carport offers extra storage and workspace, and a cedar-enclosed outdoor shower makes rinsing off after the beach or boat that much easier.

As a primary residence, a second home, or a short-term rental with estimated annual income of $50,000-$60,000, the layout, location, and water access make this one worth a look.

Monthly Cost Estimate

$2,971/mo

20% down · 6.5% · 30 years

Principal$397
Interest$2,379
Insurance$160
HOA$35

Estimates only. Actual payments may vary.

Location

1038 Magnolia Ln

Gulf Breeze, FL 32563

Santa Rosa Shores

Features & Amenities

Interior Features

BaseboardsCeiling Fan(s)High Speed InternetRecessed Lighting

Exterior Features

BalconyIrrigation WellSprinkler

Property Details

Flooring

Tile

Construction

Frame

Views

Water

Parking

CarportCovered

Heating

Fireplace(s)Heat Pump (Heating)Central

Cooling

Ceiling Fan(s)Central AirHeat Pump

Appliances

Electric Water HeaterBuilt In MicrowaveDishwasherFreezerRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1038 Magnolia Ln is listed at $549,000 ($340/sqft). The estimated monthly payment is $2,971 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $35/month.

Key features include: Built in 1981, 0.31 acre lot, 2 stories, 2 parking spaces, Fireplace. Interior Features: Baseboards, Ceiling Fan(s), High Speed Internet. Exterior Features: Balcony, Irrigation Well, Sprinkler.

This property is listed by Rachael Johnson.

RJ

Rachael Johnson

Agent at Levin Rinke Resort Realty

Listed by Levin Rinke Resort Realty · Broker phone: (850) 916-5050 · View on Broker Site · Broker website

MLS# 686113· Source: Pensacola Association of REALTORS· 104 days on PropertySimple

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1038 Magnolia Ln, Gulf Breeze, FL 32563

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