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
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
$189,000 - Condo in Island Home, Holiday Isle - Under Contract in 5 Days!
485 Gulf Shore Drive UNIT 106, Destin, FL 32541
This condo in Island Home is the one you've been looking for. Affordably priced, and located in Holiday Isle with deeded beach access, this listing won't last long. In fact, condos in Island Home don't come up for sale very often, and when they do, usually get grabbed up right away. This condo has been recently updated with fresh paint, backsplash, new fixtures, gorgeous tile floors in the living/kitchen area, and LTV floors in the bedroom.
Although this would make a lucrative rental investment, you may be tempted to keep it for yourself!
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.
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.
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
240 Gulf Shore Dr Unit 332, DESTIN, FL 32541 | MLS #831661| $710,000
One of Destin's most exclusive waterfront properties - Waterview Towers, features this exceptional condo for sale. With three bedrooms, three full baths and incredible Gulf views from most windows, this Gulf front condo offers the very best of Destin, right at your doorstep.
Sold fully furnished, this Destin condo has undergone several upgrades including:
new paint throughout
new lights and fans
new flooring in the kitchen, dining and living room
Outstanding Investment Potential in the Destin, Florida Area!
Destin and 30A area homes and condos are frequently recognized as having the best rate of return to be found throughout the United States. It's easy to understand why. Millions of visitors return year after year to enjoy our beautiful Gulf Coast beaches, abundant estuaries, bayous, and amazing fishing, What makes a great investment? That's easy, find a property with great cash flow and upside appreciation potential. I've picked four of the best currently on the market.
1. South of 30A | San Remo Custom Home - $1,495,000
4049 W County Hwy 30a, Santa Rosa Beach, FL - MLS #830331
There are just 19 residences in the Isla Blanca complex on Holiday Isle in Destin, Florida. Unit #9 has 2 bedrooms, 2 full baths and 1 half bath, and measures a generous 1,501 square feet. Bright sun and water views spill out from the living room and master bedrooms. Browse all available townhomes for sale in Isla Blanca
Kitchen
The townhome features an attractive coastal decor, accentuated by white shutters, cabinetry and trim. The kitchen opens to the main living room with only a mirrored divider between.
Amazing Canal Views
A 16' balcony offers additional views over the canals. The perfect place to enjoy your morning coffee,
1 Bedroom Investment Condo in Holiday Surf & Racquet Club - $350,000
510 Gulf Shore Drive UNIT 409, Destin, FL 32541
This beachfront condo in Holiday Surf & Racquet Club is the ideal property for so many types of buyers. With 1 bedroom and 1 full bath, this affordable Destin condo would be perfect as a vacation home or an addition to any investment portfolio. View Complete Listing Here
Completely Renovated
Renovated from top to bottom, the condo comes completely furnished - a turn key investment rental. Some of the improvements include:
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.
