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        <atom:link href="https://www.browsedestin.com/blog/2020-06/rss/" rel="self" type="application/rss+xml" />
        <title>Destin Real Estate News and Blog</title>
        <link>https://www.browsedestin.com/blog/2020-06/</link>
        <description>Read news and information about Destin real estate and the Emerald Coast.  Topics include homes, condos, statistics, new listings, sold homes, and other relevant news.</description>
<item>
    <guid>https://www.browsedestin.com/blog/spring-home-sales-by-destin-real-estate.html</guid>
    <link>https://www.browsedestin.com/blog/spring-home-sales-by-destin-real-estate.html</link>
        <author>DRE@BrowseDestin.com (Tim Shepard - Broker)</author>
        <title>Spring Home Sales by Destin Real Estate</title>
    <description> <![CDATA[ 
 





The team at Destin Real Estate is happy to congratulate these Spring home buyers and sellers on their new purchases and sales. After a stressful few months, the restraints on the market were lifted and it was back to business as usual in the Destin market. You'll notice from the &quot;Days on Market&quot; that these Destin and surrounding Emerald Coast listings weren't on the market for long.


The following Destin area homes and condos have either been &quot;Sold&quot; or accepted &quot;Under Contract&quot; in the last 2 months.


 Don't hesitate to contact Tim, or any of the team at Destin Real Estate to set up a private viewing of any Destin or nearby homes that interest you.


SOLD


SOLD Gulf Terrace Condo in Destin, FL 


4000 Gulf Terrace Drive 150, Destin, FL 32541


This 2 bedroom, single bath condo in Gulf Terrace was listing only 5 days before selling.





View all Condos for Sale in Destin


View all Condos for Sale in Gulf Terrace



SOLD Holiday Surf &amp; Racquet Club in Destin, Florida


510 Gulf Shore Drive UNIT 121, Destin, FL 32541


Completely remodeled and renovated right down to the sheet rock, this 2 bedroom, 2 bath condo in Holiday Surf &amp; Racquet Club was snatched up after only 10 days on the market.





View all Condos for sale in Destin, Florida


View all Condos for sale in Holiday Surf &amp; Racquet Club



SOLD Destin West Gulfside Villas in Fort Walton Beach, FL


1517 Miracle Strip Parkway UNIT 403, Fort Walton Beach, FL 32548


Imagine an investment rental for under $200,000, close to the beach and situated in an award-winning resort. That's what this buyer found in this charming 1 bedroom, 1 bath condo Destin West Gulfside Villas after only 34 days on the market.





View condos for sale in Destin West Gulfside Villas


View all Condos for sale in Destin, Florida



UNDERCONTRACT


Under Contract in Just 4 Days - Tides at Tops'l Condo


550 Topsl Beach Boulevard UNIT 609, Miramar Beach, FL 32550


This recently renovated 2 bedroom, 2 bath condo in Tides at Tops'l was merely a blip on the market radar before being sold. The building has recently undergone a $5M reno, this combined with an incredible Gulf front setting will ensure many happy renters for years to come.





View all condos for sale at Tides at Tops'l


View all Miramar Beach condos for sale



UNDER CONTRACT After 6 Days - Condo in St. Thomas at Silver Shells Resort 


Talk about luxury beachfront living in style. This condo in St. Thomas at Silver Shells Resort does not disappoint. Complete with semi-private elevator, spectacular Gulf of Mexico views follow you from room-to-room. The oversized terrace looks out over 1000 feet of beach frontage, sitting right at your doorstep.





View all condos for sale in St. Thomas at Silver Shells Resort


Discover other listings in the 27-acre Silver Shells Resort


View all Condos for sale in Destin, Florida



Under Contract Sterling Sands Condo in Destin


1080 US-98 UNIT 401, Destin, FL 32541


Full of natural light and spectacular Gulf of Mexico views, this 3 bedroom, 3 bath condo in Sterling Sands offered good value for the price. On the market less than a month, it sold after 22 days of being listed.





View all Condos for sale in Sterling Sands


View all Condos for sale in Destin, Florida



Under Contract Holiday Isle Home on over 1 Acre


606 Gulf Shore Drive, Destin, FL 32541


Imagine an Holiday Isle home on a 1 acre parcel with 100 feet of glorious Gulf frontage. That's what this buyer received, along with a proven vacation rental income upwards of 100K annually. This home remained on the market only 27 days.





View all Homes for sale in Holiday Isle


View all Homes for sale in Destin, Florida



Under Contract Beachfront Condo in Shoreline Towers, Destin


900 Gulf Shore Drive UNIT 1113, Destin, FL 32541


Amazing beach views, recently renovated and spacious are just some of the perks in this 2 bedroom, 2 bath condo in Shoreline Towers. Not surprising, the listing sold after only 27 days on the market. This building is one of Destin's best kept secrets with a private, gated setting, 460' of white sandy beach and abundance of amenities.





View all condos for sale in Shoreline Towers


View all Condos for sale in Destin, Florida



Under Contract The Crescent at Miramar Beach


50 Monaco Street UNIT 309, Miramar Beach, FL 32550


This 2 bedroom, 2 bath unit on the 3rd floor at The Crescent at Miramar Beach was a real find. Condos in this sought after, low-rise building tend to go quickly. The panoramic views and tropical beachfront setting invite to simply put your feet up and relax. This unit sold in just 53 days.





View Condos for sale in The Crescent at Miramar Beach


View All Condos for sale in Miramar Beach



Under Contract Ridgewalk Home in Santa Rosa Beach


82 Ridgewalk Circle, Santa Rosa Beach, FL 32459


This is a eye-catching 3 bedroom, 3 bath home in the luxury gated community of Ridgewalk in Santa Rosa Beach. Close to the beach, walking trails and the shops and restaurants of Gulf Place, this home sold in 96 days (just after the restraints were lifted).





View RidgeWalk Homes for Sale


View All Homes for Sale in Santa Rosa Beach



UNDER CONTRACT Pier One Condo in Fort Walton Beach


210 Pelham Road 217C, Fort Walton Beach, FL 32547


This 2 bedroom, single bath condo in Pier One is a premium investment property, right in the middle of Fort Walton Beach. A spacious condo with access to tennis courts and swimming pool, residents are just minutes from local beaches, shops and dining venues. This condo was listed 95 days before selling.





View all Condos for sale in Fort Walton Beach

 ]]> </description>
    <pubDate>Sun, 28 Jun 2020 22:07:14 -0500</pubDate>
</item>
<item>
    <guid>https://www.browsedestin.com/blog/finding-investment-properties-in-destin-the-emerald-coast-florida-june-2020.html</guid>
    <link>https://www.browsedestin.com/blog/finding-investment-properties-in-destin-the-emerald-coast-florida-june-2020.html</link>
        <author>DRE@BrowseDestin.com (Tim Shepard - Broker)</author>
        <title>Finding Investment Properties in Destin &amp; the Emerald Coast, Florida - June 2020</title>
    <description> <![CDATA[ 



The timing couldn't be better to purchase a Florida investment property in Destin or the surrounding Emerald Coast.


Now that vacation rentals in the Destin area are once again open for business, we're starting to see a huge demand for these properties. In fact, the number of new condo listings from the beginning of May to June 15, 2020 is already 7 higher than the same time in 2019. People are starting to list again and the buyers are coming out of the woodwork.


Average sale prices are up by 10 for condos and 16 for single-family homes. Interest rates are at all time lows. It's a win/win for both buyers and sellers of Destin homes and condos.


- Buying an Investment Rental Home- Buying an Investment Rental Condo


Top Selling Home &amp; Condo Vacation Rentals in the Destin Area


Below you'll find the top selling communities for home and condo vacation rentals since January 2020. Sorted by Average Sale Price you can browse some of the most popular properties currently on the market. We've also included the Average Percent to List sellers received, in case you're considering listing your own home or condo. 


Most of these properties are furnished and currently rented, and represent turnkey investments in various price ranges. Click on any to view current listings for sale, or to get more information about a specific condo complex or community. As always, you can also contact Tim to receive further insights or advice.


Buying an Investment Home





As of mid June, 2020, there were 151 detached single family homes listed as investment properties in Destin and 30A:




Average square feet: 2,540


Highest price: $4,500,000


Lowest price: $200,000


Average List Price: $1,232,422




View investment homes for sale that are currently being used as vacation rentals in Destin and 30A


Below is a list of top-selling neighborhoods for investment homes in Destin and the 30A. Many come furnished and are currently rented, making them turnkey investments for new buyers.








Community






City






Average Selling Price






Percent of List






 




Over $1 Million




 




Inlet Beach


Inlet Beach


$2,800,000


90




Holiday Isle


Destin


$2,606,250


91




Dune Allen


Santa Rosa Beach


$2,460,000


95




Rosemary Beach


Rosemary Beach


$2,233,333


92




Frangista Beach


Miramar Beach


$2,143,333


98




Alys Beach


Alys Beach


$2,125,000


92




Watersound Beach


Watersound


$1,970,850


99




Grayton Beach


Miramar Beach


$1,783,250


96




Watercolor


Santa Rosa Beach


$1,616,713


94




Waters Edge


Seacrest


$1,485,000


96




Seagrove


Santa Rosa Beach


$1,008,500


92




 




Under $1 Million




 


 




Destin Pointe


Destin


$990,000


90




Crystal Beach


Destin


$989,813


97




Destiny (misc)


Destin


$943,143


95




Seacrest Beach


Seacrest


$915,318


98




Naturewalk at Seagrove


Santa Rosa Beach


$694,000


92




Villages of Crystal Beach


Destin


$600,375


97




Linkside Village


Miramar Beach


$343,250


99







Buying an Investment Condo





As of mid June 2020, there were 368 investment condos listed on the MLS in Destin and 30A:




Average square feet: 1,101


Highest price: $1,825,000


Lowest price: $107,000


Average List Price: $433,588




View investment condos currently being used as vacation rentals in Destin and 30A


Below is a list of top-selling developments for investment condos in Destin and the 30A. Many are close to the beach, have a good selection of amenities and are minutes to dining, shopping and recreation. They often come furnished and ready to rent.


 








Condo Community






City






Average Selling Price






Percent of List






 




Over $700k




 




Watersound


Watersound


$1,408,333


96




St. Maarten at Silver Shells


Destin


$896,333


96




Silver Beach Towers


Destin


$769,250


98




Westwinds at Sandestin


Miramar Beach


$704,500


91




 




$500k-699k




 




Beach Colony Resort


Navarre


$652,083


96




Inlet Reef Club


Destin


$560,125


94




Emerald Grande


Destin


$525,667


95




Sterling Shores


Destin


$517,917


98




 




$400k-$499k




 


 




St. Lucia at Silver Shells


Destin


$480,750


97




Redfish Village


Santa Rosa Beach


$471,667


94




Island Princess


Fort Walton Beach


$467,500


96




Majestic Sun


Miramar Beach


$458,042


98




Windancer


Miramar Beach


$426,500


98




Island Echo


Fort Walton Beach


$420,000


97




Emerald Towers


Fort Walton Beach


$417,833


97




Shoreline Towers


Destin


$416,150


99




Waterscape


Fort Walton Beach


$413,333


95




Sea Oats


Fort Walton Beach


$404,800


95




 




$300k-$399k




 


 




Edgewater Beach


Miramar Beach


$392,667


97




Pelican Beach Resort


Destin


$390,373


94




Hidden Dunes Beach Cottages


Miramar Beach


$386,111


94




Village of South Walton Beach


Inlet Beach


$378,083


97




Breakers East


Destin


$368,000


98




Destin West


Fort Walton Beach


$365,143


97




Breakers of Fort Walton Beach


Fort Walton Beach


$361,667


99




Holiday Surf &amp; Racquet Club


Destin


$361,000


97




Ariel Dunes


Miramar Beach


$347,269


98




Beach Resort


Miramar Beach


$346,667


96




Maravilla


Miramar Beach


$332,375


97




Ciboney


Miramar Beach


$332,357


97




Luau I &amp; II


Miramar Beach


$305,590


94




 




$200k-$299k




 


 




Grand Sandestin


Miramar Beach


$299,900


94




Beachwood Villas


Santa Rosa Beach


$273,000


98




Grand Caribbean


Destin


$268,375


98




Bahia Condo


Miramar Beach


$265,250


96




Jetty East


Destin


$259,500


96




Crystal Village


Miramar Beach


$218,125


94




Elation


Miramar Beach


$205,500


94




Sandpiper Cove


Destin


$201,290


96




 ]]> </description>
    <pubDate>Wed, 17 Jun 2020 17:08:01 -0500</pubDate>
</item>
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