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February 2017

Found 7 blog entries for February 2017.

Indian Bayou bayfront homeIndian Bayou Golf Club is favored by many residents, both seasonal and permanent. Three 9-hole courses, each well planned and challenging in their own right. Play one, play all 27, or choose based on your desired level of technical play.

The neighborhoods surrounding this popular west Destin course are also  extremely desirable. We don't always get the inventory we'd like here. Once people discover the Indian Bayou golf communities, they tend to stick around. Here neighborhoods are close to all the beaches, popular sites and restaurants, but a bit further removed from the hustle and bustle. Bordering Choctawhatchee Bay, it's never more than a walk or short drive to your favorite boat launch. Fishing and boating, picnics at quiet parks and some great

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There are a lot of great condo deals on the Destin market this February, but we've picked four that we think are extra special. 

Villa Coyoba

MLS# 737432 - 3016 Scenic Highway 98 103, DESTIN, FL – $1,264,999

Villa Coyoba is the type of luxury, beachfront resort that some people only dream of. Complimentary beach service on an uncrowded white sand beach, just steps from the heated infinity pool. The interior of this 4 bedroom, 3-bath condominium is impeccable with custom Manchester Cherry Cognac Cabinets, Santa Rita Beveled Granite Counter Tops with tumbled marble backsplash, and Travertine Marble Tile floors. With a proven track record of $120k in gross rental income for 2016, how can you pass this one up?

Villa Coyoba MLS# 737432

The Dunes of Crystal Beach

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Waterscape condo in Okaloosa Island FL

SOLD IN 1 DAY! Waterscape condominium, Okaloosa Island in Fort Walton Beach. This 1-bedroom, 2-bath beachfront condo sold after just 1 day on the market for $347,500. This unit consistently grosses close to $38K in rental revenue each year. 

A fun family resort, Waterscape is a popular rental with an ideal Gulf front location. In addition to the nearby white sandy beach, Waterscape features several swimming pools with splash park, lazy river and10 foot waterfall, 10 gas grills, hot tubs, fitness room, tennis courts,  game room and conference room. The ideal location is close to golf courses, restaurants and plenty of activities.

This listing got away, but Waterscape is a top-selling condominium resort in Fort Walton Beach. View the latest

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There is no doubt that townhomes are one of the most sought after property types in Destin and 30A. In 2016, there were 363 townhomes sold in these areas with a total sales value of $136,828,304. The average sale price was $376,937, a whopping 12% increase from 2015. Townhomes averaged 98% of their asking price upon sale, and remained on the market about 93 days. The most expensive townhome in Santa Rosa Beach sold for $2,500,000, and the lowest price sold was $56,000 (which listed at $40k).

Why so popular now? We've seen a lot of new construction townhomes in desirable areas, and with a variety of price points. The mid-priced residences sold in Prominence at Inlet Beach and 125 Crystal Beach were flying off the shelves. Yet, the need for luxury

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In 2016, there were 1,304 condominiums sold in Destin, Sandestin and 30A with a total sales value of $549,631,020. The average sale price was $421,496, about 4% higher than 2015.Destin and 30A Condos sold for 95% of their asking price in an average of 172 days. The highest price was $2,900,000 for a luxury 2-story condo in Andante in Seacrest; the lowest condo sold for $64,000 in Gulf Terrace.

Here are the best of the best - the top selling condos in Destin and the 30A in 2016:

2016 top condo sales in Destin and 30A

Is there a particular condo that you're interested, but isn't on this list? We're happy to get you a complete market report on any Destin or 30A property you desire. Just , or email Tim for more information.

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2016 Was a Good Year for Destin Real Estate

Overall the Destin and Scenic 30A real estate market saw a 5% increase in the number of properties sold. Average sale prices also increased by 5% overall with the biggest gains in townhomes at 14%.

Destin & 30A Single-Family Homes 2016

Single-family home numbers increased by 6% with a 5% increase in average sale price. Homes remained on the market only an average of 101 days in 2016, compared to 110 in 2015.

Stats for single-family homes in Destin and 30A

Destin & 30A Condos 2016

The average sale price of Destin and 30A condos went up 4% from 2015, but the number of sales decreased by 1%. There were less people selling which meant fewer active listings.

2016 condo stats for Destin and the 30A

Destin & 30A Townhomes 2016

Townhomes demonstrated the most gains in

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