Destin Real Estate News and Blog - Destin Real Estate Stats

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?

#…

1166 Views, 0 Comments

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…

1324 Views, 0 Comments

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…

1514 Views, 0 Comments

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…

1420 Views, 0 Comments

Hottest Selling Destin & 30A Communities in 2020

Most Popular Destin & 30A Communities in 2020

The info below spotlights the 2020 real estate market for single-family homes in Destin, the 30A and surrounding Emerald Coast. See hottest selling subdivisions and average sale prices.

Quick Facts From January 1 to December 31, 2020

7,546 single family homes sold

Average sale price was $679,804

Average Sqft: 2,303

Average Days on Market: 65

The highest selling priced home in 2020 was $16,100,000 for a beachfront home known as "Casa Lauren" in Miramar Beach. This 6 bedroom, 9 bath home measures 13,000 square feet and sits on 2.42 acres. 135' of pristine white, sandy beach is all that stands between you and the Gulf of Mexico.

Top Selling Subdivisions by Price

These are the…

1098 Views, 0 Comments

Luxury Waterfront Condo in Grand Harbor, Destin - Ready to Move In

4-Bedroom Luxury Waterfront Condo in Grand Harbor - Furnished & Newly Renovated

662 Harbor Boulevard UNIT 840, Destin, FL 3254

$960,000 - MLS #851119

You'll love the striking Gulf and harbor views from this Destin waterfront condo in Grand Harbor. This fabulous condo is sold completely furnished and move in ready. Singular attention was paid to every detail including the state of the art, whole home, audio/video system that was installed at a cost of more than $40,000.

Boating enthusiasts may be interested in the super sized 70' x 22' boat slip that may be purchased separately.

View this complete Grand Harbor Condo listing now

Quick Facts

• Waterfront views include: Gulf, Gulf/Pass, Harbor & Intracoastal Waterway
• Gated…

1133 Views, 0 Comments

Record-Breaking Gulf Front Home Sale in Santa Rosa Beach, FL

The Epitome of a Beachfront Lifesyle on the Florida Gulf Coast

This stunning Gulf front home in Santa Rosa Beach was among the highest selling properties in 2020 for Destin and the surrounding Scenic 30A area. This residence epitomizes everything you could expect in a luxury beachfront lifestyle.

Newly constructed in 2019, the Santa Rosa Beach home measures almost 9,000 square feet, with 10 bedrooms and 13 bathrooms. Sitting on close to half an acre, all that separates from 100 feet of pristine beach frontage is the luxurious infinity pool extending across the back of the home. With sleeping quarters for 28 people, expansive balconies on two levels, an outdoor kitchen and additional 3-car carriage house, this beachfront residence will be enjoyed…

1306 Views, 0 Comments

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…

1019 Views, 0 Comments

Spring Home Sales by Destin Real Estate

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 "Days on Market" 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 "Sold" or accepted "Under Contract" 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…

878 Views, 0 Comments

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…

2713 Views, 0 Comments