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Luxury Destin Condo Update

Posted by Tim Shepard - Broker on Friday, January 31st, 2014 at 12:16pm.

Destin Beach condosLuxury condos in Destin, those priced above $700,000, saw an increase in units sold, average sales price, and a reduction in inventory in 2013.

  1. 62 units sold
  2. avg. sales price - $418/sf
  3. average sales price - $972,974
  4. median sales price of $829,000
  5. 127 units are currently listed for sale. This is the lowest amount in 7 years.

Looking for a Destin Luxury Condo?

The most popular luxury condos in Destin are found at St. Maarten at Silver Shells, Silver Beach Towers, St. Thomas at Silver Shells, Villa Coyaba, and Dunes of Crystal Beach.

These condos typically feature superior amenities, finishes, and features such as:

  1. Direct beachfront with panoramic and unobstructed views.
  2. Covered and assigned parking.
  3. Extra storage for beach chairs, umbrellas, and other outdoor gear.
  4. Large gulf front swimming pools often surrounded by tropical landscaping.
  5. Onsite fitness equipment
  6. Common rooms
  7. 10 ft ceiling heights, porcelain, travertine, or hardwood flooring, granite countertops, custom cabinets, crown molding, and high end appliances.
  8. 2000 sf or larger
  9. 3 bedrooms minimum

Villa Coyaba

Villa Coyaba, Destin Florida condoVilla Coyaba is the newest luxury condo in Destin and is located along Scenic Hwy 98 in Crystal Beach.  There are only 34 units in this low rise beach front condo and the distinctive architecture draws prospective buyers in for a closer look. Once inside you find 4 bedroom, 3 bath units finished to the finest standards. This condo allows short term rentals.


St. Thomas at Silver Shells

St. Thomas at Silver Shells condo in Destin FLSt. Thomas at Silver Shells has 124 units that range in size from approximately 2000 sf to penthouses with more that 4000 sf.  St. Thomas is the only true resort on the list and has a world class gym, beachside Tiki bar, poolside cabanas, and a Ruth Chris steak house. They also have their own private pool. Since short terms rentals are not allowed, owners enjoy a high level of security and privacy.


Silver Beach Towers

Silver Beach Towers, Destin FLSilver Beach Towers is a highrise with two phases and a combined unit count of 195. Silver Beach is similar in quality to St. Thomas but has fewer amenities and is less crowded.  The penthouses are two stories and feature more than 3000 square feet.


St. Maarten at Silver Shells

St. Maarten at Silver Shells condos in Destin FLSt. Maarten at Silver Shells has 120 units and is the rental version of St. Thomas. They enjoy the same resort style amenities and are very popular with tourist looking for luxury.

We'd be happy to show you around and help you find the ideal Destin condo. Please don't hesitate to contact us or call (850) 325-0004 for more information.


Listing Updates

 

Logo for Destin Real Estate, LLC

Tim Shepard, Broker/Owner
Destin Real Estate, LLC
Cell: (850) 259-4133
Toll Free: (866) 678-SOLD

https://www.browsedestin.com

 

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