Destin & South Walton Real Estate Blog

Curious to know what one million dollars will get you in terms of real estate along the world's most beautiful beaches? Quite a bit, actually! Today, Ocean Reef Real Estate Sales compares apples to oranges (aka homes to condos) with a deep dive into two marvelous Miramar Beach properties, each worth one million dollars. One is a coastal-inspired four-bedroom vacation home at 41 Topaz Cove, while the other is a stunning Gulf-front two-bedroom penthouse condo at 550 Tops'l Beach Blvd 1404. Let's get started!

When purchasing a vacation property, the key factor is all about location. Beachfront homes and condos have a premium demand, while second-tier gulf view properties are a strong runner-up. Of course, size and amenities are also an important…

If you are in the market for a million-dollar home or condo in Destin, Miramar Beach, or along Scenic 30A, we have an interesting comparison for you. Our Ocean Reef Real Estate Sales team handles property sales, while our Ocean Reef Resorts staff professionally manages hundreds of fine vacation rental properties for private owners of beautiful homes and luxurious condos.

As most know, property value is typically based on location. Size also influences value by larger homes and condos accommodating a higher occupancy. Buyers and visitors also tend to have geographic preferences. Destin, for instance, offers more of a bustling setting with many choices for activity. Scenic 30A is dotted with idyllic coastal villages and a more laid-back feel. Miramar…

If you are looking for a wonderful family beach vacation residence that can also serve as a lucrative rental investment property, check out this new listing at 1200 Scenic Gulf Drive B1109 of the Majestic Sun condominium in Miramar Beach.

Majestic Sun is a magnificent masterpiece of architectural design situated along Scenic Gulf Drive in Miramar Beach and located within Seascape Resort. The luxury residential towers resemble a giant sandcastle interconnected at the top with an arch that soars through the center from one side to the other. Incredible amenities include 2,000 linear feet of pure crystalline white beach with multiple access points along a palm-lined promenade. An acclimatized indoor pool features a dramatic cathedral ceiling that…

This opulent first-floor penthouse for sale is in the exclusively gated beachfront enclave of Avalon Dunes at 599 Scenic Gulf Dr in Miramar Beach. It includes nearly 2,500 square feet and comes tastefully furnished with four bedrooms, two of which include luxurious ensuite baths.

This stately gulf-front condo has received extensive renovations placing you in the proverbial lap of luxury with creature comforts. The splendid four-story tall building has only sixteen residences, with four units on each floor. The complex is restricted to private owner use only since short-term rentals are not permitted here. It features a majestic presence behind its impressive gated entry, with a paver drive leading past towering royal palm trees onto the lush,…

This captivating masterpiece of design at 53 Siesta Bluff in the premier residential enclave of Destiny East in Destin features elegant Dutch Colonial-styled exteriors and modern state-of-the-art interiors. Encompassing 3,716 square feet, this regal five-bedroom vacation home includes comfortable coastal-styled furnishings and décor.

Destiny's Retreat is a spacious residence that provides a perfect vacation home while also serving as a lucrative short-term rental investment property. Currently, it is professionally managed by Ocean Reef Resorts, with a gross rental income of $140,000 per year. Ample accommodations are provided for 16 guests, where private and community amenities abound. This gracious home was distinctively designed for grand…

This 2,532 square foot gulf front “cottage” for sale at 143 New Providence Ln in the enchanting world of Rosemary Beach has four bedrooms and four full baths. Rosemary Beach resembles a Dutch West Indies Colonial-styled coastal village that provides an idyllic lifestyle for fortunate residents and their guests.

A wide lush lawn on Scenic 30A serves as a village green where art shows, fun festivals, seasonal firework celebrations, and wonderful nostalgic family gatherings are hosted year-round. It features some magnificent views of the luminescent waters of the jewel-toned gulf from its dune top location. This is especially true as you meander down to the main village beach access point on Western Green from Barret Square on Scenic 30A. As it slopes…

This 2022 Real Simple Magazine showcase home winner, located in the enchanting coastal village of Rosemary Beach at 71 Bridgetown Ave, is listed for sale! It has been completely renovated, comfortably furnished, and professionally decorated in a famous national design competition. The stylish, contemporary bungalow stands three stories tall, encompasses 2,962 square feet, and has four bedrooms with luxurious ensuite baths and an extra full hall bath serving as a powder room.

Seven top designers collaborated in this lifestyle magazine’s annual home showcase challenge, creating an award-winning coastal treasure. Vibrant, fashionable, vintage modern furnishings dovetail seamlessly with comfortable, tropically inspired decor. Furnished front and back…

This massive vacation home for sale can also serve as a lucrative rental investment property for its fortunate new buyers! Located at 4498 Ocean View Dr in Destin, this lovely home has a privileged sought-after locale in the Crystal Shores neighborhood facing the glittering jewel-toned gulf. It stands three stories tall with five bedrooms, three luxury ensuite baths, a full hall bath, a half-bath powder room, and encompasses 5,398 square feet. It also features a wonderful game room with bonus sleeping quarters for eight kids and a refreshing private pool!

Remember When boasts accommodations for up to two dozen fortunate guests. It has been on our acclaimed Ocean Reef Resorts property management program for over seven years now. Current gross annual…

Step into the world of elegance and luxury as we take you on a tour of 116 S Charles St, a stunning property in the heart of Alys Beach. Priced at $12,495,000, this architectural marvel is a beautiful harmony of modern design and tranquility that promises an extraordinary living experience.

Designed by renowned architect Bill Ingram and curated by interior design expert Mary Clark, this property is more than just a home; it's a masterpiece. This five-bedroom, five-bathroom property for sale stands tall on a prime 0.09-acre homesite on the south side of Alys Beach, showcasing a blend of chic design and functional living spaces. Let us delve deeper into the top ten reasons why this Alys Beach gem has captured our hearts and minds.

1. Exquisite…

A unique real estate opportunity has just presented itself! This private woodland paradise with a handsome log cabin on a lovely lake at 2330 N Co Hwy 393 in Santa Rosa Beach is now for sale.

Though this remote residence seems to be in a wonderful world of its own, it is less than ten minutes from the coastal Santa Rosa Beach village center of Gulf Place beside the bright, beautiful beaches of Scenic 30A. Residents are sure to enjoy the best of both worlds.

This forested estate-like property is quite captivating, with a long gravel driveway that meanders past pines and magnolia trees to a magnificent log cabin. This massive place has four bedrooms, three baths and encompasses 4,240 square feet. A brick walkway curves up to a wide, covered…