Destin Beach was recently ranked the second best beach in Florida by US News – Travel. Known as “the world’s luckiest fishing village,” this hotspot is known for fishing, white sand, and golfing.
Destin, FL has a year-round residential population of 12,000, giving it an intimate, family atmosphere. With a heavy influx of tourism during peak season bringing this number closer to 40,000, Destin, FL is a great place for investors to purchase rental properties for vacationers.
However, vacation is not the only draw to this beautiful beach-side town. The fishing resort community has taken careful measures to balance environmental preservation and heritage with quality of life for its residents. Besides beautiful views along the Emerald Coastline, Destin, FL offers residents and visitors a variety of amenities, activities, shopping, restaurants, events and entertainment for the entire family.
If that wasn’t enough, Business Week listed Destin Beach as one of the best 18 new golf locations in the country. Destin, FL was also named by readers of Southern Accents Magazine as the number two beach destination, and the number eight golf destination in its second annual Great Escapes Reader Travel Awards. And last, but not least, the Milken Institute listed Destin as the top Best Performing City in 2005 for small metros.
As a result of this, real estate in Destin Beach maintains its value better than surrounding areas in the state. The household income median is one of the highest in Florida, as are property values.
If you have been thinking about purchasing real estate in Destin, now is a great time to do it. While the area has maintained its value relative to its neighboring regions, prices are still far below peak. In addition, mortgage rates remain historically low and housing affordability is at a record high.
If you are interested in searching homes in Destin, FL, contact Kerry Veach. Kerry is an experienced Realtor who can help you buy or sell Destin, FL real estate. With over 1,000 closings and a full-time real estate team, it’s no wonder that 95% of Kerry’s business comes from referrals.