Apartment Building

Destin, FL Apartment Buildings for Sale

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Miramar Beach, FL Shalimar, FL Fort Walton Beach, FL Freeport, FL Valparaiso, FL Niceville, FL Mary Esther, FL Santa Rosa Beach, FL
Renovated Mixed-Use Building
Updated: Oct 29, 2021
Renovated Mixed-Use Building

220 Harbor Boulevard, Destin, FL 32541

$4,495,000
10 retail storefronts, each measuring +/-600 SF
10 two‑story apartments, each measuring +/-1,400 SF with 2 bedrooms and 2.5 baths
Nearly 1‑acre site with approximately 220' of Highway 98 frontage
56 parking spaces on site
Renovated building with front and rear balconies on the apartments
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Renovated Mixed-Use Building
Updated: Oct 29, 2025
Renovated Mixed-Use Building

220 Harbor Blvd Unit 1-10, Destin, FL 32541

$4,495,000
1.00 AC lot
10 retail storefronts, each approximately 600 SF
10 two‑story apartments, each approximately 1,400 SF with 2 bedrooms and 2.5 baths
Separate access for each commercial and residential component
Nearly 1‑acre site with approximately 220' of Highway 98 frontage
56 parking spaces on site
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Harbor Village Mixed-Use Building
Harbor Village Mixed-Use Building

220 Harbor Blvd, Destin, FL 32541

Contact for pricing
21,120 sqft 1.00 AC lot

Renovated mixed-use building with retail and residential units.

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Harbor Village Mixed-Use Building
Harbor Village Mixed-Use Building

220 Harbor Blvd, Destin, FL

Contact for pricing
21,120 sqft 0.86 AC lot

Renovated mixed-use building with retail and residential units in Destin.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Destin, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Income-Producing Six-Plex with Updates
Income-Producing Six-Plex with Updates

22 Bobolink St NE, Fort Walton Beach, FL 32548

$820,000
2,816 sqft

Six-plex with long-term tenants and recent updates.

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6-Unit Furnished Apartment Building
6-Unit Furnished Apartment Building

12060 US-98, Miramar Beach, FL 32550

$3,950,000

Recently completed residential income property offering furnished three-bedroom residences in Miramar Beach.

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Gulf-Front 69-Unit Apartment Property
Gulf-Front 69-Unit Apartment Property

480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

$35,000,000
1.57 AC lot

Two-building multifamily property with direct beach access and a tenant base weighted toward long-term rentals.

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Marina & Bay View Penthouse
Marina & Bay View Penthouse

9500 Grand Sandestin Boulevard #UNIT 2910, Miramar Beach, FL 32550

$615,000

Penthouse with panoramic marina and bay views in Sandestin.

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Destin, FL Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Destin, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 42,240 square feet of properties for sale, with an estimated market value of $8,990,000.

Sale prices for apartment complexes in Destin, FL average $4,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 27K
Population Growth (5Y) -2.5%
Median Household Income $94,001
College Educated 46.2%

High-Yield Neighborhoods for Investment

Identify Destin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32541 $4.5M

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $12.52 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Destin fall within the 10,000 to 25,000 square foot range.

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