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Dream Destin Realty

Destin · Building Market Report

1900 Ninety-Eight

Every number a buyer, seller, or investor needs on one building: live inventory, closed-sale history, rental benchmarks, and the neighborhood around it - refreshed monthly from MLS and market data.

Inventory updated daily · Sale statistics updated September 22, 2026 · Next statistics update early October 2026

How the building is trading

3 units closed at 1900 Ninety-Eight in the trailing 12 months at a median of $4,986,330, with a 96.0% median list-to-sale ratio. On the active side, 0 of 1 listings sit below original list price, and standing inventory works out to 4.0 months of supply at the current sales pace.

Sixteen doors leave no median worth the name, and the record explains why better than any average could. Two residences share each addressed level, so nearly every position in the building is one of a pair, and a year can pass without either one trading. Compare like with like across time rather than across the building. The site itself is the larger variable. All of it lies inside the special flood hazard area at base flood elevations of 15 and 14 feet, with the parcel line and the shoreline coinciding and the coastal construction control line just landward, which puts insurance and any future exterior work on a different footing from an address set back behind the highway. Sixteen owners carry that exposure between them, so read the reserve position at least as closely as the residence.

Based on information from ECAR for the period September 22, 2025 through September 22, 2026.

From the active file

One unit is on the market at 1900 Ninety-Eight today:

New Gulf FrontLuxuryShort-term rental potential

$3,100,000

1900 Scenic Highway 98 Unit 901

Destin, FL 32541

3 bd 3 ba 2,610 sqft

The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.

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The investor file

Acquisition profile - computed from ECAR MLS data by Dream Destin Realty
Typical acquisition (median, 12 mo)$4,986,330
Average sale price (12 mo)$4,312,110
Sales volume, trailing 12 months$12,936,330
Sale price range, trailing 12 months$2,850,000 - $5,100,000
Activity by bedroom count at 1900 Ninety-Eight
BedroomsActiveSold (12 mo)Median Sale Price
3 BR11Sample too small
4 BR02Sample too small

Based on information from ECAR for the period September 22, 2025 through September 22, 2026.

What similar rentals earn nearby

$314/night

Average Daily Rate

Trailing 12 months, average across Beachfront condos, 2-4 bedrooms, City of Destin

60%

Occupancy

Guest, owner and held nights over calendar nights, across Beachfront condos, 2-4 bedrooms, City of Destin

46 nights

Owner Use

Owner and maintenance nights per rental, trailing 12 months, across Beachfront condos, 2-4 bedrooms, City of Destin

$112 to $486

Monthly Rate Range

Average nightly rate by month, lowest in January, highest in July

1103

Rentals Tracked

Units in Beachfront condos, 2-4 bedrooms, City of Destin

6 nights

Average Stay

74 days

Booking Window

Average lead time before arrival

Revenue by season (peak months shaded)

Market data by Key Data · 1103 similar rentals tracked (Beachfront condos, 2-4 bedrooms, City of Destin) · Sep 2025 to Aug 2026

Market statistics reflect the trailing performance of similar rental properties in this market, not this specific property, and are opinions of potential performance, not a guarantee of income. Performance varies with management, seasonality, and personal use. Verify rental eligibility and all figures independently.

The rental analysis is for signed-in readers

We publish each home's rental analysis on the signed-in side of the site, not on the open page. With a free account you will find, on the individual listings here that qualify, how rentals similar to that home perform: the average daily rate, occupancy, typical stay and booking window. The segment's daily rate, occupancy and tracked-rental count stay public on this page.

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What decides whether a unit here can be rented

These are benchmarks for a segment of comparable rentals, not a finding about 1900 Ninety-Eight. What a unit here may actually do is set by documents, and there are three of them. The recorded declaration sets any minimum lease term. The association's current rules can add stay-length minimums, rental caps, or owner-occupancy requirements the local code does not impose, and a board can change them after a purchase. The city or county that governs this address runs its own short-term-rental registration requirements over both. Request all three in their current form from the association and the local government during diligence, before purchasing with rental income in mind.

Rental rules on the MLS today: 1 of 1 active listings discloses“Short Term Rental - Allowed”. Always verify the association's current policy.

The neighborhood: Indian Bayou

1900 Ninety-Eight sits in or beside the Indian Bayou Census neighborhood - the area figures below describe that neighborhood, not this building alone.

Neighborhood Data

Indian Bayou at a Glance

1,521

Properties

$591K

Median Home Value

46%

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 22, 2025 through September 22, 2026. Rental benchmarks are market-segment aggregates from Key Data - never figures for a specific unit. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.

Why is there no list of individual sold units?

3 units closed at 1900 Ninety-Eight in the trailing 12 months, from $2,850,000 to $5,100,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows building-level statistics only - ask us for the unit-by-unitsold report and we'll walk you through it.

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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 at 1900 Ninety-Eight?

We track this building's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.

Talk to a Building SpecialistFree Valuation

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. Rental-income benchmarks are not a guarantee of future performance, so verify independently every time. 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