How much does it cost to buy a condo in Destin Florida?

How much does it cost to buy a condo in Destin Florida?

Destin Condo Statistics

Total Listings: 220
Average Price: $1,624,568
Highest Price: $15,000,000
Lowest Price: $249,900

How much does it cost to rent a condo in Destin Florida?

Price and Availability Index in Destin Prices reach an average of $736 per night. Prices decrease in December to an average of $382 per night (12/3 – 12/10).

Is Destin Florida a good place to invest in real estate?

The real estate market in Destin Florida is booming. The current inventory cannot keep up with the increased demand for houses for sale, long-term rentals, and vacation rentals, and so we can expect to see a steady seller’s market in Destin in 2022.

How much does it cost to rent a condo in Florida for a month?

Rental properties in Florida start as low as $300 to $500 per week for two bedroom homes and up to $1,700 a month for some of the larger properties. Many of the rental properties overlook beach-side or oceanfronts and are located in quiet areas.

Is Destin Florida a good place to live?

Destin is in Okaloosa County and is one of the best places to live in Florida. Living in Destin offers residents an urban feel and most residents own their homes. Many young professionals live in Destin and residents tend to be conservative. The public schools in Destin are highly rated.

Is buying a condo in Florida a good investment?

Are Condos a Good Investment Property? There are many attractive investment opportunities when it comes to a condominium. They often have lower prices than comparable single-family or multifamily homes and fewer maintenance issues, given that the Association handles most of the exterior maintenance.

How many rental units are in Destin Florida?

There are 709 rentals in Destin, Florida with 2 beds making up the highest share of the market, at 41%.

Is it expensive to live in Destin?

The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Destin is $38,673 a year — greater than the annual cost of living for Florida of $36,375 and roughly in line with the national figure of $38,433.

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