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    Destin, FL
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    Destin, FL Multifamily Properties for Sale

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    Miramar Beach, FL Shalimar, FL Niceville, FL Fort Walton Beach, FL Valparaiso, FL Freeport, FL Mary Esther, FL Santa Rosa Beach, FL
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    Two-Unit Duplex Income Property
    Updated: Oct 23, 2025
    Two-Unit Duplex Income Property

    619 Mimosa Avenue, Destin, FL 32541

    $629,000
    1,425 sqft
    Duplex with income of $3,275/month and long‑term tenants
    Built in 1973 with brick construction
    Central heating and central air conditioning
    Each unit includes 2 bedrooms and 1 bath (rooms listed: 4 bedrooms total and 2 bathrooms total)
    Fenced back yard on a large lot
    View details
    Renovated Home Near Emerald Coast
    Updated: Nov 27, 2025
    Renovated Home Near Emerald Coast

    4779 Bonaire Cay, Destin, FL 32541

    $1,099,999
    0.19 AC lot
    Established Airbnb generating close to $100,000 in annual gross income.
    Fully furnished.
    Located in the elite community of Destiny East, minutes from the beach.
    Renovated from top to bottom.
    Features 4 bedrooms.
    View details
    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.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Coastal Estate with Private Pool
    Coastal Estate with Private Pool

    4504 John Ave, Destin, FL 32541

    $2,640,000
    0.17 AC lot

    Renovated 6-bedroom coastal estate near Crystal Beach.

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    Multifamily Income Property
    Multifamily Income Property

    543 Harbor Boulevard Unit 303, Destin, FL 32541

    $499,777

    Residential income offering with seller financing options, including structured down payment terms and interest rate selections.

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    Spacious Vacation Rental in Destin
    Spacious Vacation Rental in Destin

    228 Kono Way, Destin, FL 32541

    $1,099,000

    Six-bedroom vacation rental in Villages of Crystal Beach.

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    Resort Home in Gated Community
    Resort Home in Gated Community

    210 W. Grand Ky, Destin, FL 32541

    $1,149,000

    Furnished 5-bedroom home in Villages of Crystal Beach.

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    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.

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

    220 Harbor Blvd, Destin, FL 32541

    $4,500,000
    21,120 sqft 1.00 AC lot

    Renovated mixed-use building with retail and residential units.

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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 9 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.

    Fully Rented Duplex with Lake Views
    Fully Rented Duplex with Lake Views

    34 Meigs Drive, Shalimar, FL 32579

    $585,000
    1,760 sqft 0.55 AC lot

    A fully rented two-unit duplex featuring remodeled interiors, lake views, and recent major systems upgrades.

    View details
    Renovated Townhome Near Beach
    Renovated Townhome Near Beach

    11 Driftwood Rd UNIT 9, Miramar Beach, FL 32550

    $595,000
    0.02 AC lot

    Turnkey, remodeled townhome near the beach with Gulf views.

    View details
    Fort Walton Beach Multifamily Portfolio
    Fort Walton Beach Multifamily Portfolio

    32 7th Ave, Shalimar, FL 32579

    $1,975,000

    Eight-property portfolio in Fort Walton Beach and Shalimar, Florida.

    View details
    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.

    View details

    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.

    Land Near 30A Beaches
    Land Near 30A Beaches

    W Hewett Lodge Lane lot: 21, Santa Rosa Beach, FL 32459

    $119,000
    0.42 AC lot

    Cleared lot near beaches, shops, and restaurants.

    View details
    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.

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    Freeport Land Near Waterfront Park
    Freeport Land Near Waterfront Park

    75 Hankins Road, Freeport, FL 32439

    $200,000
    0.83 AC lot

    Land for sale near Grady Brown Waterfront Park and Boat Launch.

    View details
    Wooded Land Near Choctawhatchee Bay
    Wooded Land Near Choctawhatchee Bay

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

    $225,000
    0.73 AC lot

    Two wooded parcels near Choctawhatchee Bay, no HOA or restrictions.

    View details

    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
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 206
    BOARDING/ROOMING HOUSE

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

    Unit 206
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 205
    BOARDING/ROOMING HOUSE

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

    Unit 205
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 210
    BOARDING/ROOMING HOUSE

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

    Unit 210
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 204
    BOARDING/ROOMING HOUSE

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

    Unit 204
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 207
    BOARDING/ROOMING HOUSE

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

    Unit 207
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 208
    BOARDING/ROOMING HOUSE

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

    Unit 208
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 104
    BOARDING/ROOMING HOUSE

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

    Unit 104
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 105
    BOARDING/ROOMING HOUSE

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

    Unit 105
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 102
    BOARDING/ROOMING HOUSE

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

    Unit 102
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 101
    BOARDING/ROOMING HOUSE

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

    Unit 101
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    220 Harbor Blvd
    Lifestyle centers

    220 Harbor Blvd, Destin, FL 32541

    Value Estimation by Request
    21,120 sqft
    View details
    2931 Scenic Hwy 98th, Unit 203
    BOARDING/ROOMING HOUSE

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

    Unit 203
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 202
    BOARDING/ROOMING HOUSE

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

    Unit 202
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details
    2931 Scenic Hwy 98th, Unit 201
    BOARDING/ROOMING HOUSE

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

    Unit 201
    Value Estimation by Request
    364 sqft 0.86 AC lot
    View details

    Destin, FL Multifamily Properties Market Trends and Statistics

    Explore 30 multifamily properties for sale in Destin, FL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 22,545 square feet of properties for sale, with an estimated market value of $5,129,000.

    Sale prices for multifamily properties in Destin, FL start at $629,000, averaging $2,564,500, 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

    Short term rental properties 6
    Apartment buildings 2
    Duplexes 1

    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 $1.7M

    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 pricing trends across core commercial property types 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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