Destin · Community Market Report
Calusa Bay
Every number a buyer, seller, or investor needs on one community: live inventory, closed-sale history, and the neighborhood around it - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 22, 2026 · Next statistics update early October 2026
How the community is trading
4 homes closed in Calusa Bay in the trailing 12 months at a median of $524,250, with a 97.5% median list-to-sale ratio. On the active side, 3 of 8 listings sit below original list price, and standing inventory works out to 24.0 months of supply at the current sales pace.
A quarter century of construction under one plat name is what makes a median here misleading, so sort on recorded year before anything else: the county's actual year built spreads from 1999 to 2025 with houses in most years between, and a 1999 house and a 2024 house share the label but not the product. Lot area is the second cut and it is narrower than it looks, since the recorded lots cluster tightly around a twelfth of an acre. Fifteen parcels are still carried as unbuilt, which means raw ground and finished houses arrive in the same file wearing the same label, and blending them yields a number describing neither one. The jurisdiction belongs in the analysis too. These lots are county rather than city ground, which changes which permitting authority a buyer deals with and which rental rules are even in play.
Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 22, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $755K |
| 2023 | $590K |
| 2024 | $708K |
| 2025 | $513K |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $323 |
| 2023 | $300 |
| 2024 | $308 |
| 2025 | $272 |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 2 |
| Nov 24 | 2 |
| Dec 24 | 0 |
| Jan 25 | 0 |
| Feb 25 | 0 |
| Mar 25 | 1 |
| Apr 25 | 0 |
| May 25 | 3 |
| Jun 25 | 2 |
| Jul 25 | 2 |
| Aug 25 | 0 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 2 |
| Jan 26 | 0 |
| Feb 26 | 0 |
| Mar 26 | 0 |
| Apr 26 | 1 |
| May 26 | 1 |
| Jun 26 | 0 |
| Jul 26 | 0 |
| Aug 26 | 0 |
The monthly charts cover the 24 complete calendar months from September 2024 through August 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
From the active file
8 homes are on the market in Calusa Bay today - a sample of the current file:
$629,900
227 Inverrary Drive
Destin, FL 32541
$899,000
230 Inverrary Drive
Destin, FL 32541
$699,000
245 Inverrary Drive
Destin, FL 32541
$975,000
4698 Amhurst Circle
Destin, FL 32541
$869,999
4736 Amhurst Circle
Destin, FL 32541
$475,000
4707 Amhurst Circle
Destin, FL 32541
The investor file
| Typical acquisition (median, 12 mo) | $524,250 |
|---|---|
| Middle-half range (25th-75th pct, 16 priced sales / 24 mo) | $499,975 - $646,250 |
| Median price, 2022 to 2025 | -32.1% ($754,900 to $512,500) |
| Average sale price (12 mo) | $542,125 |
| Sales volume, trailing 12 months | $2,168,500 |
| Sale price range, trailing 12 months | $470,000 - $650,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 1 | 0 | Sample too small |
| 3 BR | 3 | 2 | Sample too small |
| 4 BR | 4 | 2 | Sample too small |
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
Rental rules on the MLS today: 0 of 8 active listings disclose“Short Term Rental - Allowed”; 7 disclose it is not allowed. Always verify the association's current policy.
The neighborhood: Emerald Bay
Calusa Bay sits in or beside the Emerald Bay Census neighborhood - the area figures below describe that neighborhood, not this community alone.
Neighborhood Data
Emerald Bay at a Glance
1,422
Properties
$968K
Median Home Value
41%
Second Homes / Seasonal
Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Figures are area estimates for general market context.
Demographic information is provided for general informational purposes only and must not be used to make housing decisions on the basis of race, color, religion, sex, familial status, national origin, disability, or any other protected class. Dream Destin Realty supports the Fair Housing Act and equal-opportunity housing.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period September 23, 2021 through September 22, 2026. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold homes?
4 homes closed in Calusa Bay in the trailing 12 months, from $470,000 to $650,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows community-level statistics only - ask us for the home-by-homesold report and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling in Calusa Bay?
We track this community's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.
- MLS market data (ECAR) - updated September 21, 2026
- Neighborhood data (LiveBy / U.S. Census ACS) - updated September 21, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of September 22, 2026.
Sources
- Okaloosa County GIS: Parcels layer, Calusa Bay S/D (accessed August 21, 2026)
- Okaloosa County GIS: City Limits layer at the plat centroid (accessed August 23, 2026)
- Okaloosa County GIS: Zoning layer at the plat centroid (accessed August 23, 2026)
- US Census Bureau: Geocoder, Incorporated Places (accessed August 21, 2026)
- Okaloosa County GIS: SiteAddress layer, the Calusa Bay identifier series (accessed August 23, 2026)
- Okaloosa County GIS: WaterBodies layer near this plat (accessed August 23, 2026)
- Okaloosa County GIS: FEMA FIRM flood zones layer over this plat (accessed August 23, 2026)
- Okaloosa County GIS: Coastal Construction Control Line near this plat (accessed August 23, 2026)
- Okaloosa County GIS: BuildingFootprints layer over this plat (accessed August 23, 2026)
- Okaloosa County: Short-Term Rental Information (accessed August 21, 2026)
- City of Destin: Short Term Rentals (accessed August 21, 2026)