Destin & South Walton Real Estate Blog

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Ocean Reef Realty reports that residential property demands continue to be very active, and the buyer market has changed. Demand remains far above supply and is expected to be this way for quite some time with escalating prices. During the real estate "boom" several years ago, buyers are were purchasing to flip for profits to create a speculative bubble. Now, most buyers are leaving large cities up north to purchase a home here as a primary residence or a forever vacation dream home. Many of these homes also serve as lucrative rental investment properties. If you are a prospective buyer and ready to do the same, the following Miramar Beach vacation homes have just hit the market.

3 Destin Vacation Homes For Sale Under $1.5M

You know what they say about the value of a great location! These…

This magnificent beachfront home encompasses nearly 6,000 square feet and includes ten bedrooms. It has an impressive location at 219 Open Gulf St in Miramar Beach. It could become your forever vacation home or the most lucrative rental investment property in your portfolio. In 2021 this home boasted $633,178 in gross annual rental income, and over $600,000 of gross revenue is already on the books for 2022. This three-story vacation home was just completed in 2018 and has "all the bells and whistles" for creature comforts and opulent appointments.

219 Open Gulf St

This incredible beach house has a coveted location hidden away in a residential enclave yet in the heart of everything Miramar Beach offers. The stunning setting will make you feel like you're visiting a…

Ocean Reef Realty is proud to present this new offering in Crystal Beach for a spacious five-bedroom vacation home with 3,644 square feet at 77 Crystal Beach Drive. This short-term rental, known as Lighthouse By The Sea, exudes charm with a white picket fence front yard and a covered porch that spans the home's entire width. It is the perfect forever dream home or lucrative investment property with an annual gross rental income of $150,000 in 2021.

77 Crystal Beach Drive

This premier vacation residence can sleep up to sixteen beach-going guests and features a lovely lagoon-shaped private swimming pool. The pool measures 27' x 13' with a private courtyard patio and grilling area for fun family cookouts. A furnished screened porch and an intimate covered dining pavilion…

The idyllic world of Scenic 30A has now become the destination of choice among the rich and famous. The enchanting coastal villages that have been perfectly created here have received international acclaim for their golden Americana pedestrian-friendly styled designs. This particular "home" located at 2826 S County Highway 395 exemplifies the high price of demand here. It includes one bedroom with one bath and encompasses only 196 square feet. It is listed at $1,095,000!

2826 S County Highway 395

This home is really a charming little southern cottage. It has a cute front stoop, a high-pitched corrugated metal roof, and Hardie board siding on the exterior. The enchanting interiors include unique Brazilian Walnut hardwood floors, which beautifully contrast with the…

Are you ready to purchase your forever dream home? This exquisite residence is located at 3293 Burnt Pine Ln in the world-class Sandestin Golf and Beach Resort. Ocean Reef Realty is proud to present this new listing in this highly prestigious and privileged location. The exclusively gated Burnt Pine residential community is located within Sandestin's already exclusively gated resort grounds in Miramar Beach.

3293 Burnt Pine Ln

This Mediterranean-styled home has just received extensive renovations and remodeling with an eye towards exquisite creature comforts and opulent appointments. It encompasses a very spacious 5,039 square feet with five bedrooms, luxurious ensuite baths, and an elegant half-bath powder room. This immaculate home includes stately exteriors, a…

This three-bedroom home which encompasses 2,433 square feet, is hidden away at the end of a cul-de-sac at 64 Private Ct on the bayside of Miramar Beach. It sits on over one acre of fenced lush green grounds with a circular driveway around an island with a palm tree and a trio of tropical palmettos. A gate provides a secure entrance onto the expansive grounds. A large paved parking pad has plenty of room for a big boat or an RV since it includes sewer and water hookups. There is also a detached climate-controlled garage and a workshop on the premises.

64 Private Ct

Extensive renovations have occurred at this home to provide an interior setting that includes creature comforts, beautiful appointments, and upscale accouterments. The rear of this two-story home sits…

A captivating stately residence with 5,463 square feet is now offered for sale at 278 W Water St. in the highly sought-after world of Rosemary Beach. This gracious manor home includes seven bedrooms with private ensuite luxury baths along with two additional half baths that serve as elegant powder rooms. This wonderful home could complete your family legacy and be passed down from one generation to the next. In the meantime, you could reside here yourself or use it as an incredible beach vacation home. Amazingly enough, it comes complete with comfortable furnishings and lavish coastal style décor.

278 W Water St

This outstanding Scenic 30A location is steps away from the sugary shoreline and the Barbados community swimming pool. It features a large oval-shaped…

Destin has become a go-to destination among the rich and famous for several years now. In fact, many have established their primary residence here along the Emerald Coast. This is to no surprise with our area's crystalline white beaches and glowing jewel-toned gulf waters. Destin offers an idyllic lifestyle for vacations and privileged residency. If you are looking to acquire the crème de la crème of homes with a big boat dock, this regal residence on the bay at 4512 Olde Plantation Pl in Destin is the spot for you!

4512 Olde Plantation Pl

This lavish, exclusively gated family estate is in the already exclusively gated Kelly Plantation residential community. Kelly Plantation, which was named after one of Destin's original founding families, is a highly prestigious world…

Scenic 30A has become a highly sought-after place to build on the bright white crystalline beach due to the heavenly idyllic lifestyle it offers. This land at Lot 1 Blue Mountain Rd is now available for sale. In fact, it is the only beachfront property currently available anywhere on Scenic 30A. It sits high upon a sugary white dune in Blue Mountain Beach, nearly twenty-four feet above sea level providing optimum protection. A seawall down below that extends over fifty linear feet across.

Lot 1 Blue Mountain Rd

This property encompasses almost one-quarter acre and used to be the location of an older beach house which was removed to make space for a new one. For this reason, the grounds near the street side include established tropical landscaping, which has been growing…

The secret is out! Destin has been discovered and is a highly sought-after place to purchase a big beautiful gulf-front home. If you have been shopping for such a residence, your search has likely been quite difficult. However, this gulf front home is now available with an outstanding location at 255 Sandtrap Rd in the heart of Destin’s magical Miramar Beach. It includes 2,610 square feet with four bedrooms and accommodations for fourteen beach-seeking guests.

255 Sandtrap Rd

This popular vacation home, known as Beachside Bungalow, is on our highly acclaimed Ocean Reef Resorts property management program. It grossed $145,000 for 2021 with a high amount of owner use. With less personal use, gross rental income estimates for 2022 stand at $285,000 or more. Upon…