Destin · Building Market Report
Grand Caribbean West
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
Fewer than three units closed here in the trailing 12 months - too thin a sample to publish reliable statistics. Ask us for a hand-built sales review instead.
Two conditions make this a cleaner comparable pool than most of the corridor: one construction year across all 41 residences, and a single parcel under one legal name. That pushes nearly the whole spread onto level, stack position and interior condition. Level reads straight off the unit number, since designators run 101 to 111 on the lowest floor and 201 to 215 and 301 to 315 above it, and the smaller lowest floor means sales from it are scarcer and thinner as evidence. Keep Grand Caribbean East out of the set unless you adjust for it deliberately, because the county records it as a separate condominium of 38 units built a year later with its own documents. And check what any sale actually conveyed by way of beach access, since the parcels between this building and the water are privately owned condominium units rather than a public access.
| Period | Value |
|---|---|
| 2022 | $470K |
| 2023 | $403K |
| 2024 | $395K |
| 2025 | Sample too small |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| 2022 | $701 |
| 2023 | $615 |
| 2024 | $621 |
| 2025 | Sample too small |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 0 |
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 1 |
| Feb 25 | 0 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 1 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 0 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 0 |
| Feb 26 | 0 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 0 |
| Jun 26 | 0 |
| Jul 26 | 1 |
| Aug 26 | 1 |
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.
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
From the active file
6 units are on the market at Grand Caribbean West today:
$359,000
3191 Scenic Highway 98 Unit 207
Destin, FL 32541
$375,000
3191 Scenic Highway 98 Unit 308
Destin, FL 32541
$405,000
3191 Scenic Highway 98 Unit 202
Destin, FL 32541
$420,000
3191 Scenic Highway 98 Unit 310
Destin, FL 32541
$418,000
3191 Scenic Hwy 98 Unit 208
Destin, FL 32541
$360,000
3191 Scenic Highway 98 Unit 206
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.
What similar rentals earn nearby
$214/night
Average Daily Rate
Trailing 12 months, average across City of Destin condos, studio to 2 bedrooms
54%
Occupancy
Guest, owner and held nights over calendar nights, across City of Destin condos, studio to 2 bedrooms
43 nights
Owner Use
Owner and maintenance nights per rental, trailing 12 months, across City of Destin condos, studio to 2 bedrooms
$88 to $316
Monthly Rate Range
Average nightly rate by month, lowest in January, highest in July
1758
Rentals Tracked
Units in City of Destin condos, studio to 2 bedrooms
5 nights
Average Stay
59 days
Booking Window
Average lead time before arrival
Market data by Key Data · 1758 similar rentals tracked (City of Destin condos, studio to 2 bedrooms) · 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.
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 Grand Caribbean West. 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: 6 of 6 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.
The neighborhood: Crystal Beach
Grand Caribbean West sits in or beside the Crystal Beach Census neighborhood - the area figures below describe that neighborhood, not this building alone.
Neighborhood Data
Crystal Beach at a Glance
2,611
Properties
$798K
Median Home Value
75%
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. 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?
2 units closed at Grand Caribbean West in the trailing 12 months. 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 Grand Caribbean West?
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 September 21, 2026
- Vacation-rental market data (Key Data) - 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. 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
- Okaloosa County GIS: Parcels layer, Grand Caribbean West and East (accessed August 21, 2026)
- Okaloosa County GIS: Parcels layer, ground between the building and the Gulf (accessed August 23, 2026)
- Okaloosa County GIS: SiteAddress layer, 3191 Scenic Highway 98 (accessed August 23, 2026)
- Okaloosa County GIS: WaterBodies layer, Gulf frontage (accessed August 23, 2026)
- Okaloosa County GIS: FEMA FIRM flood zones layer (accessed August 23, 2026)
- Florida Statutes 553.899, 2026 compilation: Mandatory structural inspections for condominium and cooperative buildings (accessed August 23, 2026)
- Florida Statutes 509.2112, 2026 compilation: Public lodging establishments three stories or more in height (accessed August 23, 2026)
- City of Destin: Short Term Rentals (accessed August 21, 2026)