Destin · Building Market Report
Harbor Landing
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
6 units closed at Harbor Landing in the trailing 12 months at a median of $815,000, with a 93.2% median list-to-sale ratio. On the active side, 4 of 8 listings sit below original list price, and standing inventory works out to 16.0 months of supply at the current sales pace.
Two phases, two building heights and two very different lot sizes sit behind one name, and the parcel record separates them where a listing search will not. One phase spreads 38 residences over about 3.32 acres and rises eleven levels; the other stacks 44 over about 1.35 acres and stops at ten. Land per residence therefore differs by more than a factor of three between them, which reaches assessments, parking and every shared cost. Height compounds it: the upper levels thin sharply, with only a handful of homes above the ninth, so those are scarce while the middle of the stack is not. Flood mapping separates them too: read phase by phase rather than across the address, three base flood elevations reach the larger phase and only two reach the smaller. Establish which phase, which stack and which level a sale came from before accepting any figure quoted for the address as a whole.
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | Sample too small |
| 2023 | $929K |
| 2024 | $1.15M |
| 2025 | $900K |
| 2026 YTD | $730K |
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | Sample too small |
| 2023 | $487 |
| 2024 | $494 |
| 2025 | $440 |
| 2026 YTD | $434 |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 0 |
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 0 |
| Feb 25 | 0 |
| Mar 25 | 0 |
| Apr 25 | 1 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 1 |
| Sep 25 | 0 |
| Oct 25 | 1 |
| Nov 25 | 1 |
| Dec 25 | 1 |
| Jan 26 | 0 |
| Feb 26 | 0 |
| Mar 26 | 0 |
| Apr 26 | 2 |
| May 26 | 0 |
| Jun 26 | 0 |
| Jul 26 | 1 |
| 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. 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.
From the active file
8 units are on the market at Harbor Landing today - a sample of the current file:
$1,325,000
725 Gulf Shore Drive Unit 801A
Destin, FL 32541
$1,095,000
725 Gulf Shore Drive Unit 303A
Destin, FL 32541
$950,000
725 Gulf Shore Drive Unit 403A
Destin, FL 32541
$1,040,000
725 Gulf Shore Drive Unit 504A
Destin, FL 32541
$649,000
725 Gulf Shore Drive Unit 202B
Destin, FL 32541
$690,000
725 Gulf Shore Drive Unit 604B
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) | $815,000 |
|---|---|
| Middle-half range (25th-75th pct, 8 priced sales / 24 mo) | $651,250 - $1,466,250 |
| Median price, 2023 to 2026 | -21.4% ($929,000 to $730,000) |
| Average sale price (12 mo) | $1,062,500 |
| Sales volume, trailing 12 months | $6,375,000 |
| Sale price range, trailing 12 months | $530,000 - $2,050,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 2 | 2 | Sample too small |
| 3 BR | 6 | 3 | $900,000 |
| 4 BR | 0 | 1 | Sample too small |
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
What similar rentals earn nearby
$288/night
Average Daily Rate
Trailing 12 months, average across City of Destin condos, 2-4 bedrooms
57%
Occupancy
Guest, owner and held nights over calendar nights, across City of Destin condos, 2-4 bedrooms
48 nights
Owner Use
Owner and maintenance nights per rental, trailing 12 months, across City of Destin condos, 2-4 bedrooms
$105 to $437
Monthly Rate Range
Average nightly rate by month, lowest in January, highest in July
1703
Rentals Tracked
Units in City of Destin condos, 2-4 bedrooms
6 nights
Average Stay
68 days
Booking Window
Average lead time before arrival
Market data by Key Data · 1703 similar rentals tracked (City of Destin condos, 2-4 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 Harbor Landing. 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: 8 of 8 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.
The neighborhood: Dunes of Destin
Harbor Landing sits in or beside the Dunes of Destin Census neighborhood - the area figures below describe that neighborhood, not this building alone.
Neighborhood Data
Dunes of Destin at a Glance
5,073
Properties
$624K
Median Home Value
95%
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?
6 units closed at Harbor Landing in the trailing 12 months, from $530,000 to $2,050,000. 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 Harbor Landing?
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 IGIS: Parcels layer, Harbor Landing Phases I and II (accessed August 21, 2026)
- Okaloosa County IGIS: the two phase outlines, returned with their geometry (accessed August 23, 2026)
- Okaloosa County IGIS: Site Address layer, 725 Gulf Shore Drive (accessed August 21, 2026)
- Okaloosa County IGIS: Water Bodies north and south of these parcels (accessed August 23, 2026)
- Okaloosa County IGIS: FEMA flood zones and neighboring plats at these parcels (accessed August 23, 2026)
- Florida Statutes 718.112, 2024 compilation: reserve funding after December 31, 2024 (accessed August 23, 2026)
- Florida Statutes 553.899, 2024 compilation: when the milestone inspection falls due (accessed August 23, 2026)
- City of Destin: grandfathered short term rental status on a change of ownership (accessed August 21, 2026)