Destin canal front homes are a boater and fisherman’s paradise offering the chance to land a spectacular waterfront home in one of the world’s most sought after tropical oasis.
There has never been a better time to catch your own slice of sundrenched heaven, with many bargains available and a significant increase in demand expected to flood the market in the next few months. Most Canal front homes in Destin are located on Holiday Isle.
Living the Dream in Destin, FL
Destin has long been a haven for celebrities seeking the ideal combination of privacy, luxury living and tropical resort. It’s a destination which has attracted and inspired artists, world class athletes and the world’s elite for many years.
Well perhaps a little less flamboyant than Miami’s South Beach or Malibu, Destin is an affluent area with great shopping, exquisite dinning, incredible beauty and a median family income of $60,498 according to the U.S. Census Bureau.
Homes on Destin canals offer home shoppers more for their money than beach and harbor front properties and make great options as retirement homes, investment properties, a chance to escape to a better lifestyle and the current market presents an amazing opportunity to take advantage of record low interest rates and property prices to scoop up your dream home at a big discount.
Destin Canal Front Homes by the Digits
While a larger surge in local real estate is expected in the next couple of months and on into 2013 data compiler Trulia reports the average area listing price has been steadily rising to a new high of $643,226 as of August 8th. At the same time the Emerald Coast Association of Realtors reports actual selling prices rising ever closer to asking prices at an average of 92.3% of the asking price being received.
Currently active listings for homes on Destin canals on the regional MLS show asking prices reflecting a mere $200 to $400 per sq. ft. a fraction of what is being asked for other local homes.
Destin Real Estate Deals
According to RealtyTrac July 2012 saw 1 in every 366 housing units in Destin, FL receive a foreclosure filing, placing it firmly in better condition than the state as a whole and many other parts of the U.S. However, this also means that there are currently a number of REOs and short sale bargains and many motivated homeowners ready to sell for attractive prices, at least for now.
These Destin Canal Front homes are comprised of a combination of magnificent Mediterranean designs and classic Floridian architecture with stilted homes featuring wrap around second floor balconies. Most homes on the market boast the finest finishes, with many sporting room to dock several boats, separate staff or guest quarters and all of those additional rooms and parking spaces a well to do property owner would want to show off.
There are many great Destin Waterfront homes for sale today. Whether you want to be on a canal, the harbor, or the bay, give one of the iGroup's realtors a call.
Tim Shepard, Broker/Owner
Destin Real Estate, LLC
Cell: (850) 259-4133
Toll Free: (866) 678-SOLD
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