Destin Real Estate News and Blog

Lido Village, Bluewater Bay - Resort-Style Home by the Bay

102 E. Capri Cove, Niceville, FL 32578

JUST REDUCED - $598,000! MLS #876029

'Spacious' is one of the first words that comes to mind when describing this Niceville home in Bluewater Bay. Extra large rooms, an abundance of storage and closet space, an expansive outdoor living area and even a driveway that will accommodate a boat or RV.

Located in Lido Village, one of the most sought after neighborhoods of Bluewater Bay, houses occupy large homesites in this quiet enclave of Niceville. Nearby amenities include beach, dock, fishing, golf, marina, picnic area, playground, pool and tennis.

View this complete Lido Village listing now

Quick Facts

• Price: $598,000
• Acreage:

The Enclave - $479,000 - REDUCED!   NOW UNDER CONTRACT AFTER 7 DAYS!
3655 Scenic Highway 98 UNIT 301A, Destin, FL | MLS #873666

Anyone seeking a turnkey investment rental condo in Destin - you can stop here. Overlooking the Gulf of Mexico and right across from the beach, The Enclave Condos offer everything you could ask for in a mid-range investment condo.

Well priced at $479,000, unit 301-A is a two bedroom, two bath condo on the 3rd floor. The best part - this property is sold completely furnished with summer vacation rentals already in place.

Quick Facts

• 2 Bedroom, 2 Bath
• 1,262 square feet, 3rd floor
• Furnished w/ summer vacation rentals
• Window Treatments included
• 1 Covered garage space
• Beach access
• Extra storage

Congratulations on the quick sales of these Destin & Emerald Coast homes that were listed less than 14 days. Real estate on the Florida Gulf Coast has been selling almost as fast as we can list it.

UNDER CONTRACT in 2 Days!
205 NE Opp Blvd Boulevard, Fort Walton Beach, FL 32548

This 2 bedroom, 2 bath home in Cinco Bayou, Fort Walton Beach, Florida received multiple offers after being listed for only 2 days.

UNDER CONTRACT in 3 Days!
6109 Burbank Court, Crestview, FL 32536

This gorgeous custom home in Carnegie Hills, Crestview, Florida has 5 bedrooms and 3 baths. Sitting on half an acre with inground pool, there are more upgrades and extra features than we can list.

UNDER CONTRACT in 3 Days!
291 Scenic Gulf Drive UNIT 1202,

2021 has absolutely started with a bang in the Destin real estate market. We're seeing extremes like never before. Where buyers may have demonstrated some hesitancy in 2020, this year they're all in and showing up in droves. Homes and condos in the Destin area are remaining on the market just an average of 69 days before selling - 62% less time than in 2020!

The Average Sale Price has increased by 43%, depending on the property type. Overall Sales is up 100%. Although the Number of listings have increased by 40%, the Total Active properties are down -21%. While buyers are coming forward, sellers are still sitting on the fence. As a result, inventory is at an all time low, with supply not meeting the demand.

At the time of this writing there were

3 Bedroom Gulf Front Condo - Fully Furnished & Rented

2708 Highway 98 UNIT 41, Destin, FL 32541

SOLD! $750,000 - MLS #866282

This is just a taste of the stunning Gulf of Mexico views you'll experience from this Destin beachfront condo in Coral Reef Club. Just 3 stories high, and set Gulf front on 300 feet of sugar, white sand beach, Coral Reef Club is everything you would want for a relaxing beach holiday in the sun. 

This 3-bedroom condo offers a turnkey investment rental - completely furnished with existing reservations on the books. The 2-story residence easily sleeps 10 people. In addition to direct beach access, Coral Reef has a built-in swimming pool, terrace and BBQ area. Henderson Beach State Park, local restaurants, the Scenic 98

Upgrades to the Baytowne Marina at the Sandestin Golf & Beach Resort are looking good for the 2021 Emerald Coast Blue Marlin Classic.

The Sandestin Golf and Beach Resort is a sought after destination for offshore fishing. The location couldn't be more appropriate. Overlooking Choctawhatchee Bay, boaters have a short ride to the open waters of the Gulf of Mexico. Home to the "big money", Emerald Coast Blue Marlin Classic, this popular event attracts sport fishermen from all over the world.

Within the resort, the Baytowne Marina currently has over 123 active slips that can accommodate vessels up to 140 feet. You can gas up your boat, acquire short or long term dockage, or use the personal marina concierge to book a tee time, or make a reservation

2020 brought us record numbers for beachfront condos sold in Destin, the 30A and surrounding Florida Emerald coast.  These properties are situated so close to the Gulf of Mexico that the only thing separating you from the soft, white sand, is a beach walkover. This is prime Florida real estate, destined to hold its value for years to come. Many of these waterfront condos have proven vacation rental income, providing turn key investment opportunities. Others, see this as the ideal warm, sunny, office space for those now working from home. If you've never experienced a Gulf front condo lifestyle, maybe it's time to give it a try.

Destin Beachfront Condos - Quick Stats for 2020

How many beachfront Condos were sold in 2020 in the Destin area?

2021 real estate in Destin and the surrounding Emerald Coast has one of the most active seller's markets we've seen in years. We're seeing a lot of interested buyers purchasing from out of state. As "work from anywhere" has become the norm, many are seeking a sunny, beachfront in-home office to work from. Others are just taking advantage of the great interest rates.

For the period of January, 2021 we saw the following Percent of List rates and Average Sale Prices:

Townhome or Attached Residences:
Percent of List: 99%
Average Sale Price: $418,352 - a 38% increase from 2020

Condos:
Percent of List: 97%
Average Sale Price: $494,404 - a 28% increase from 2020

Single-Family Homes:
Percent of List: 98%
Average Sale Price: $640,529 - a 31% increase from

Good News for Destin & 30A Real Estate Sales in 2020

The 2020 real estate market in Destin and the 30A performed far better than most would have thought. 2020 was a tough year, but folks prevailed as life went on along the Emerald Coast in Florida. The successful buyer in 2020 had done their homework, were patient, diligent, and made strong and confident offers when they found what they wanted. That will be the standard in 2021 as well.

There were two big contributors to a successful real estate market in Destin and the 30A in 2020:

1. Demand for Coastal Properties

We saw demand for coastal area properties surge post covid as companies transitioned to a more "work from anywhere" approach with employees seeking more tax favorable

Hottest Selling Condos in Destin and the 30A Area for 2020

Quick Condo Facts From January 1 to December 31, 2020

# of Condos Sold: 2,515

Average sale price was $475,199

Average Sqft: 1,268

Average Days on Market: 106

Highest Sold Price: The highest price for a condo sold in the Destin area was $4,750,000. Selling in just 18 days, this 4-Bedroom, 5-Bath turn-key villa at Thirty-One on 30A, Santa Rosa Beach, Florida and boasts unobstructed Gulf of Mexico and beach views.

Top Selling Condos by Price

This list is derived from the top selling condos in 2020. Sorted by price range, you'll find listings for most budgets: from $300,000 to over $1 million. At a glance, this gives you an idea of the most popular Destin and 30A