Grand Mariner

01How the building is trading

3 units closed at Grand Mariner in the trailing 12 months at a median of $620,000, with a 94.0% median list-to-sale ratio. On the active side, 0 of 2 listings sit below original list price, and standing inventory works out to 8.0 months of supply at the current sales pace.

Three separately recorded phases under one name is the structural reason a single figure misleads at this address. The 1981, 1982 and 1983 filings were each recorded on their own, which puts a residence in the first building and a residence in the third under separate governing documents, separate budgets and milestone clocks set a year apart, however identical the two look on a listing carrying the shared name. Building B shows how far that reaches: its eighth level, two of the eighty-four homes, was recorded under the 1983 phase while the twenty-six residences stacked directly beneath it belong to the 1982 phase, so those two owners share a roofline with neighbors who answer to a different document than they do. Flood mapping cuts a second line, assigning two different velocity elevations across the property. Before comparing anything, ask which phase, which building and which level a sale came from, then read that phase's own reserve and inspection record rather than a number drawn across all three.

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. Those 12 months can differ from the trailing totals above, which run day-precise through September 22, 2026 rather than by whole calendar months.

Based on information from ECAR for the period September 23, 2021 through September 22, 2026.

02From the active file

2 units are on the market at Grand Mariner today:

Gulf Front

$750,000

1100 Hwy 98 Unit A-602

Destin, FL 32541

2 bd 2 ba 1,160 sqft

Gulf Front

$685,000

1100 Highway 98 Blvd Unit C103

Destin, FL 32541

2 bd 2 ba 1,160 sqft

03The investor file

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

04Short-term rental permission varies here

The building guide for Grand Mariner reports short-term rental permission as tower by tower rather than resort wide, so we publish no nightly-rental performance benchmarks for this building: one building-wide range would speak for towers that do not share an answer. That reporting covers short stays only, and says nothing either way about longer tenancy. The recorded declaration is what sets any minimum lease term, so read it, and confirm the association's current rental policy directly, before purchasing with rental income in mind.

05The neighborhood: Dunes of Destin

Grand Mariner sits in or beside the Dunes of Destin Census neighborhood - the area figures below describe that neighborhood, not this building alone.

06Reading this file