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Residential

4093 Burning Tree Drive Drive, Destin, Florida 32541

4Bedroom(s)
3Bathroom(s)
GarageParking(s)
35Picture(s)
2,408Sqft
4 BEDS/3 FULL BATHS, POOL, Huge corner lot, NEW ROOF in Windsor Forest! Doesn't get any better than this home. Fully remodeled kitchen and newly enclosed Fl. room w/hurricane-resistant glass doors for an added 210 sq. ft. of living space. Open floor plan, easy entertaining home in the wonderful sought-out neighborhood. $75 Optional HOA.
$685,000

Residential

404 Kelly Plantation Drive, Destin, Florida 32541

3Bedroom(s)
3Bathroom(s)
CoveredParking(s)
126Picture(s)
3,220Sqft
FULLY FURNISHED, TURNKEY and MOVE-IN READY! This gorgeous condominium residence is located in Destin, Florida, aka Emerald Coast, atop the 12th floor of One Water Place in Kelly Plantation, and known as the most desired floor plan, The Castleton, which measures 3,220 heated/cooled living space, with additional exterior expanse that includes a fabulous radius balcony.
$1,595,000

Residential

3291 Scenic Highway 98, Destin, Florida 32541

2Bedroom(s)
2Bathroom(s)
GuestParking(s)
15Picture(s)
1,077Sqft
Just across from the beautiful Gulf with beach access and waterview from kitchen and patio! Walk-out towards beach from this ground floor 2 bedroom end unit, or head to the pool and BBQ area.
$499,900

Residential

4205 Indian Bayou Trail, Destin, Florida 32541

2Bedroom(s)
2Bathroom(s)
GarageParking(s)
25Picture(s)
1,390Sqft
Gorgeous, fully furnished, remodeled villa at highly sought after Palms of Destin. This full 2 bedroom/2 bath villa has wood plank-like LVP Lifeproof flooring. Kitchen boasts upgraded stainless appliances, granite and maple cabinetry.
$429,900

Residential

1014 Airport Road, Destin, Florida 32541

3Bedroom(s)
2Bathroom(s)
14Picture(s)
1,375Sqft
Great 3 Bedroom Townhouse in Destin - Located in Destin in Quail Run Townhomes conveniently close to the Destin Executive Airport, shopping, dining and just minutes from the beautiful white sand beaches. This great 3 bedroom, 2 bathroom 2 story townhouse offers an attached 1 car garage along with driveway parking.
$265,000

Residential

XXX Henderson Resort Way, Destin, Florida 32541

3Bedroom(s)
3Bathroom(s)
16Picture(s)
1,459Sqft
Introducing Parkside at Henderson Beach Resort Phase 3, an elegant resort living retreat in the heart of Destin, Florida that is as unique as it is beautiful. Parkside offers a resort living getaway that is everything you've ever wanted and yet, is like nothing you've ever seen.
$959,000

Residential

1040 US-98, Destin, Florida 32541

1Bedroom(s)
1Bathroom(s)
17Picture(s)
758Sqft
Beachfront condo ideally located in the heart of Destin. This 2nd floor unit easy, access to beach. The unit is vacation-ready and fully furnished 1BR/1.5Bath. Stainless Steel appliances, in Kitchen. Master Suite has King size bed. Queen Sleeper sofa in livingroom. New LVP flooring in living room and bedroom. Private balcony is accessible from the living room and master bedroom.
$337,000

Residential

4271 Beachside 2, Destin, Florida 32550

2Bedroom(s)
2Bathroom(s)
OtherParking(s)
21Picture(s)
1,259Sqft
This beautiful two bedroom unit is directly on the beach in Sandestin's popular Beachside II. It is located on the quiet west side of the building with easy access to the uncrowded west elevator. It's west/southwest orientation affords magnificent gulf and sunset views. It has been updated with casual beach decor and is currently on a rental program.
$750,000

Residential

3861 Indian Trail, Destin, Florida 32541

2Bedroom(s)
2Bathroom(s)
9Picture(s)
1,522Sqft
This corner townhouse is all about LOCATION, LOCATION, LOCATION!!! Full access to Destin. Beaches West, Big Kahunas, Mcguires Pub, the harbor walk village, nightlife, grocery, and centrally located between the military bases as well. This property currently has a tenant on site paying $1500 a month. This is a true 2/2.
$325,000

Residential

529 Calhoun Avenue, Destin, Florida 32541

4Bedroom(s)
3Bathroom(s)
Garage AttachedParking(s)
65Picture(s)
2,356Sqft
Gorgeous Waterfront Home perched amongst Native Oak Trees with Spanish Moss. Beautiful Sunsets year round. This timeless contemporary architectural design has a 2020 New Roof, Newly Painted, New Rear Synthetic Wood Deck to enjoy your view of Amazing Sunsets thru the Oaks. This house has a beautiful Cathedral Ceiling Living Area with Brick Fireplace and tongue and groove wooden trimmed ceiling.
$870,000

Residential

15100 Emerald Coast Parkway, Destin, Florida 32541

2Bedroom(s)
2Bathroom(s)
GuestParking(s)
39Picture(s)
1,369Sqft
St. Lucia, unit 502 is a two bedroom two bath condominium unit. St. Lucia is located within the pristine Silver Shells Beach Resort and Spa in Destin. Experience and enjoy all that the Destin lifestyle has to offer at it's ''Finest.'' Located within walking distance to the Candy Shoppe, Back Porch restaurant, and Henderson Beach State Park.
$699,000

Rental

3708 1st Street, Destin, Florida 32541

3Bedroom(s)
2Bathroom(s)
23Picture(s)
1,680Sqft
Super cute 3 bedroom, 2 bath home located a stone's throw from Joe's Bayou Recreation Area & Mattie Kelly Pier, complete with covered front and back porches, and storage building in the privacy-fenced back yard. Inside you'll find neutral paint, tile flooring (no carpet), updated lighting and upgrades.
$2,500
345 Results returned.Per Page

Destin Real Estate - the Best Return on Investment (ROI)

Whether you want to buy a multi-family house or a waterfront condo, an investment property in Destin can be very lucrative. While the town isn’t big (it’s just shy of 15,000 people), it has steady tourist traffic, and the population here nearly triples during the peak season. The challenge is to find a property that will create consistent passive income.

Destin has become a seller’s market, which means there are more buyers than sellers. While real estate owners in Destin stand to make a good profit from their properties, your task would be to buy a property relatively inexpensively and make it more attractive to potential renters.

 

Demand For Rentals in Destin 

From the outside, Destin seems like a no-brainer when it comes to real estate investments: the weather is great when the rest of the country is freezing in the dead of winter, there are many things to do and adventures to be had, and the beaches are clear, calm and inviting. 

Destin has a booming real estate market, and while you can buy a property for short-to-medium rentals on the shore, be ready for competition. From the countless offers that you have to compete with that raise real estate prices, running a property in Destin will keep you on your toes.

 

Savings You Must Possess to Rent or Invest in Destin Real Estate 

To figure out whether a purchase makes sense, you should come up with a price/gross rent ratio that will help you figure out how much your property will generate in rental income versus how much your mortgage is going to be. 

For example, if you buy a townhouse in a residential area of Destin for $200,000, and it grosses $20,000 in income per year, your ratio is going to be 10. In general, the smaller this ratio, the better the indicator of a good investment.

When buying a residential property, you can make a down payment as low as 3 percent. However, you should also know that vacation properties are financed differently from residential ones. Vacation home loans require you to meet a whole different set of obligations and typically require about a 10-20 percent down payment.