Destin · Building Market Report
Caribbean Dunes Market Analytics
Every number a buyer, seller, or investor needs on one building: live inventory, closed-sale history, and rental benchmarks - refreshed monthly from MLS and market data.
Inventory updated daily · Sale statistics updated November 1, 2026 · Next statistics update early December 2026
How the building is trading
3 units closed at Caribbean Dunes in the trailing 12 months at a median of $435,000, with a 94.4% median list-to-sale ratio. On the active side, 2 of 3 listings sit below original list price, and standing inventory works out to 12.0 months of supply at the current sales pace.
Floor plan is the first filter for Caribbean Dunes numbers. The state roll records 34 homes at 700 square feet, 18 at 920 and one at 1,033, and the split follows the unit numbers: all but one of the 100-series homes are the 700 square foot plan, while the 920 plan appears only in the 200 series. A stretch in which several 920 square foot homes close can lift the building median with no change in what any one home is worth, so compare sales inside one plan before comparing across plans. Build year will not separate sales, because all 53 homes carry 1997, and FEMA's map puts both phase outlines wholly in Zone X, so flood category will not either. Phase I on Shirah Street and phase II on Woodward Street sit under one registered association, so phase is a location detail to weigh within the building, not a split between two organizations.
| Period | Value |
|---|---|
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 0 |
| Feb 25 | 1 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 0 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 1 |
| Feb 26 | 0 |
| Mar 26 | 2 |
| Apr 26 | 0 |
| May 26 | 0 |
| Jun 26 | 0 |
| Jul 26 | 0 |
| Aug 26 | 0 |
| Sep 26 | 0 |
| Oct 26 | 0 |
The monthly charts cover the 24 complete calendar months from November 2024 through October 2026, and a month with no closings is a zero bar rather than a gap. Those 12 months can differ from the trailing totals above, which run day-precise through November 1, 2026 rather than by whole calendar months.
Based on information from ECAR for the period November 2, 2021 through November 1, 2026.
From the active file
3 units are on the market at Caribbean Dunes today:
$429,000
71 Woodward Street Unit 120
Destin, FL 32541
$442,000
73 Shirah Street Unit 109
Destin, FL 32541
$489,000
73 Shirah Street Unit 111
Destin, FL 32541
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.
The investor file
| Typical acquisition (median, 12 mo) | $435,000 |
|---|---|
| Average sale price (12 mo) | $445,000 |
| Sales volume, trailing 12 months | $1,335,000 |
| Sale price range, trailing 12 months | $425,000 - $475,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 1 BR | 3 | 3 | $435,000 |
Based on information from ECAR for the period November 1, 2025 through November 1, 2026.
What similar rentals earn nearby
$215/night
Average Daily Rate
Trailing 12 months, average across City of Destin condos, studio to 2 bedrooms
56%
Occupancy
Guest, owner and held nights over calendar nights, across City of Destin condos, studio to 2 bedrooms
50 nights
Owner Use
Owner and maintenance nights per rental, trailing 12 months, across City of Destin condos, studio to 2 bedrooms
$88 to $318
Monthly Rate Range
Average nightly rate by month, lowest in January, highest in July
1828
Rentals Tracked
Units in City of Destin condos, studio to 2 bedrooms
5 nights
Average Stay
60 days
Booking Window
Average lead time before arrival
Market data by Key Data · 1828 similar rentals tracked (City of Destin condos, studio to 2 bedrooms) · Nov 2025 to Oct 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.
Sign in or create a free accountWhat decides whether a unit here can be rented
These are benchmarks for a segment of comparable rentals, not a finding about Caribbean Dunes. 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: 3 of 3 active listings disclose"Short Term Rental - Allowed". Always verify the association's current policy.
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 November 2, 2021 through November 1, 2026. Rental benchmarks are market-segment aggregates from Key Data - never figures for a specific unit.
Why is there no list of individual sold units?
3 units closed at Caribbean Dunes in the trailing 12 months, from $425,000 to $475,000. 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.
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 Caribbean Dunes?
We track this building'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 November 1, 2026
- Vacation-rental market data (Key Data) - updated November 1, 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. 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 November 1, 2026.
Sources
- Florida DBPR condominium project extract, North Florida counties (accessed October 17, 2026)
- Florida Department of Revenue statewide cadastral, Caribbean Dunes parcel series (accessed October 17, 2026)
- FEMA National Flood Hazard Layer, flood hazard zones over the Caribbean Dunes outlines (accessed October 17, 2026)
- City of Destin GIS, city limit layer (accessed October 17, 2026)
- City of Destin GIS, zoning districts (accessed October 17, 2026)
- City of Destin, short-term rental FAQ (accessed October 17, 2026)