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Destin, FL

Multifamily

Destin, FL Multifamily Properties 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

12 properties

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Renovated Duplex with Gulf Views

Updated: Aug 20

Renovated Duplex with Gulf Views

1656 Scenic gulf Drive, Destin, FL 32550

$2,975,000

5,749 sqft

Two matching three‑story residences, each with 4 bedrooms, 3 full bathrooms, and 1 half bathroom
Extensively renovated in 2026, including kitchens, bathrooms, flooring, doors, fixtures, and exterior improvements
Deeded beach access directly across Scenic Gulf Drive
Gulf views from balconies on the second and third floors
Fenced shared pool and updated paved driveway with on‑site parking

Brick Duplex with Fenced Yard

Updated: Oct 23, 2025

Brick Duplex with Fenced Yard

619 Mimosa Avenue, Destin, FL 32541

$609,000

1,425 sqft

Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
1,425 square feet on a 0.33‑acre lot
Zoned Resid Multi‑Family
Built in 1973 with brick construction
Fenced backyard and washer/dryer hookups

Renovated Mixed-Use Building

Renovated Mixed-Use Building

220 Harbor Boulevard, Destin, FL 32541

$4,495,000

Retail space is paired with upstairs residences, with separate access for each use.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Renovated Gulf-View Duplex

Renovated Gulf-View Duplex

1656 Scenic Gulf Dr, Destin, FL 32550

$2,975,000

5,749 sqft

Two matching residences offer private balconies, shared pool access, and deeded beach access across Scenic Gulf Drive.

Renovated Mixed-Use Building

Renovated Mixed-Use Building

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

$4,495,000

1.00 AC lot

Combines independent retail and residential spaces within a two-story commercial configuration.

Crystal Beach Turnkey Beach House

Crystal Beach Turnkey Beach House

4453 Clipper Cv, Destin, FL 32541

$1,049,000

0.12 AC lot

Turnkey beach house in Crystal Beach with strong rental income.

Gulf Front Duplex in Destin

Gulf Front Duplex in Destin

3430 Scenic Highway 98, Destin, FL 32541

$4,500,000

0.37 AC lot

Gulf-front duplex with renovation or new construction potential in Crystal Beach.

Spacious Vacation Rental in Destin

Spacious Vacation Rental in Destin

228 Kono Way, Destin, FL 32541

$1,000,000

Six-bedroom vacation rental in Villages of Crystal Beach.

Renovated Home Near Emerald Coast

Renovated Home Near Emerald Coast

4779 Bonaire Cay, Destin, FL 32541

$1,099,999

0.19 AC lot

Renovated 4-bedroom home near the beach, fully furnished.

Updated Gulf View Condo

Updated Gulf View Condo

1002 E Highway 98 #UNIT 810, Destin, FL 32541

$550,000

Updated 1BR condo with hall bunks and unobstructed Gulf views.

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.

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.

Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 12 Active listings in Destin, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Lake-View Duplex

Lake-View Duplex

34 Meigs Drive, Shalimar, FL 32579

$565,000

1,760 sqft 0.55 AC lot

Fully leased duplex with updated interiors, separate two-bedroom residences, and water views from the property.

Furnished Short-Term Rental Townhome

Furnished Short-Term Rental Townhome

32 7Th Avenue, Shalimar, FL 32579

$300,000

1,730 sqft 0.10 AC lot

Move-in-ready townhome with a furnished interior, private fenced yard, garage, and central heating and cooling.

Baytowne Wharf Townhome with Bay Views

Baytowne Wharf Townhome with Bay Views

9201 Market Street Inn 167, Miramar Beach, FL 32550

$675,000

0.01 AC lot

Turnkey vacation rental in Sandestin Golf and Beach Resort.

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.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Freeport Acreage for Custom Home

Freeport Acreage for Custom Home

1.9 Acres Red Barn Road, Freeport, FL 32439

$450,000

1.90 AC lot

1.9+/- acre parcel ideal for building a dream home.

Adjacent Wooded Residential Land Parcels

Adjacent Wooded Residential Land Parcels

117 Jolly Bay and 221 Johnson Road, Freeport, FL 32439

$225,000

0.73 AC lot

Two adjacent wooded parcels offer City water availability and sewer at the road in a rural village zoning area.

Residential Homesite in Magnolia Baye

Residential Homesite in Magnolia Baye

149 Palmetto Avenue, Freeport, FL 32439

$95,000

0.26 AC lot

Residential land lot with 75' frontage and utilities available at the road; septic is required.

Highway-Frontage Commercial Land

Highway-Frontage Commercial Land

4515 St Highway 20, Freeport, FL 32439

$845,000

12.61 AC lot

Estate residential-zoned acreage includes a creek, a 2021 mobile home, and established site access.

Off-Market Properties in Destin, FL

Consider similar Off-Market properties in Destin, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2931 Scenic Hwy 98th, Unit 209

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 209

Estimated value:

$180,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 206

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 206

Estimated value:

$180,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 205

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 205

Estimated value:

$180,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 210

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 210

Estimated value:

$245,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 204

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 204

Estimated value:

$95,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 207

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 207

Estimated value:

$285,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 208

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 208

Estimated value:

$285,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 104

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 104

Estimated value:

$285,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 105

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 105

Estimated value:

$290,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 102

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 102

Estimated value:

$290,000

364 sqft 0.86 AC lot

2931 Scenic Hwy 98th, Unit 101

BOARDING/ROOMING HOUSE

2931 Scenic Hwy 98th, Destin, FL 32541-3597

Unit 101

Estimated value:

$290,000

364 sqft 0.86 AC lot

Destin, FL Multifamily Properties Market Trends and Statistics

Explore 33 multifamily properties for sale in Destin, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 55,163 square feet of properties for sale, with an estimated market value of $23,747,999.

Sale prices for multifamily properties in Destin, FL start at $550,000, averaging $2,374,799, and reaching up to $4,500,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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
Destin - 32541	$2.1M
Miramar Beach - 32550	$3.2M

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.

How Realmo verifies these figures

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