Destin Real Estate News and Blog - Destin & 30A Sold Real Estate

2021 Destin & 30A Real Estate Sales Report

2021 Property Values Continue to Climb in Destin & 30A

2021 was an aggressive year for buying and selling real estate in Destin, the 30A and surrounding Florida Gulf Coast. Buyers were faced with high prices, a leaner choice of inventory, and bidding wars. The offers with fewest contingencies and often higher than asking price were often the winners.

Home and condo sellers in 2021 saw their property values increase beyond the norm. They often reaped the benefits of a quick sale that was close or over their asking price. They also faced the challenging prospect of finding a new place to live, in a difficult market. 

2021 brought significant increases to the Destin, Florida real estate market and surrounding Gulf Coast:

• Sales Volume was…

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Happy Home Sellers in Destin, Florida

I don't remember when I've ever seen so many smiling home sellers. The upward trend to Destin real estate has continued into September. Homes are selling quickly, and many with multiple offers. Here are a few of the featured sales in late summer of 2020.

UNDER CONTRACT in 3 Days!
47 Tranquility Lane, Destin, FL 32541

This six-bedroom home in the prestigious Destiny East is a renter's dream. Fully furnished with deeded beach access, elevator, pool and just steps from the Gulf of Mexico. Gross annual rental projections exceed $250,000+. If you're looking for a similar investment rental, we can help, just contact us at (850) 325-0004 for more information or search current listings for Destin investment homes or Destin investment condos.

UNDER…

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2021 Top Beachfront Condos in Destin & the Florida Emerald Coast

Beachfront condos on the Florida Gulf coast continue to be among the most sought after properties in the Destin and 30A surrounding area. Award-winning beaches and sunny weather make the Gulf Coast a prime vacation destination. Whether you're seeking a permanent residence overlooking the Gulf of Mexico, a family vacation getaway, or an investment rental, the market is ripe with opportunity. Many of these beachfront condos come furnished with established vacation rental income, providing turn key investment opportunities.

This is your ultimate guide to beachfront 2021 condo sales in Destin or the Emerald Coast. Below you'll find:

Beachfront Condo List

One of the most extensive lists of beachfront condos for Destin and the surrounding 30A. Get…

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Florida Emerald Coast Homes Sold in Less Than 14 Days!

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,…

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2020 Top Selling Beachfront Condos in Destin & the Florida Emerald Coast

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?

#…

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2021 Emerges With a Strong Seller's Market on Florida's Emerald Coast

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…

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2020 Market Trends Reviewed for Destin & 30A

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…

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Top Selling Condos in Destin & the 30A for 2020

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…

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Record Home Sales This Summer in Destin, Florida

"Optimistic" is the best word I can use to describe this past summer season. The period from July to September 2020 has produced some record sales numbers for Destin Real Estate. In spite of the challenges that we've been faced with in 2020, these stats reflect a sense of optimism. Faced with adversity of "pandemic proportions", people are still moving forward with their lives.

The team at Destin Real Estate would like to thank these brave home buyers and sellers, and congratulate them on their new home purchases.

 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! in Under 30 Days

These homes were sold after being listed less than one…

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Finding Investment Properties in Destin & the Emerald Coast, Florida - June 2020

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 & Condo…

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