Destin · Building Market Report
Silver Dunes
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
5 units closed at Silver Dunes in the trailing 12 months at a median of $425,000, with a 96.0% median list-to-sale ratio. On the active side, 5 of 9 listings sit below original list price, and standing inventory works out to 21.6 months of supply at the current sales pace.
Read a Silver Dunes figure by asking which Silver Dunes produced it. Okaloosa County carries two condominium parcels under the one recorded name: 71 units finished in 1973 and 27 finished in 1999. A blended median for this address therefore averages buildings 26 years apart, and the community name on a listing will not tell you which one it is. Age decides more than character here. Both phases stand three habitable stories or more, which is the threshold Florida's milestone inspection statute sets, so both fall inside it, but on separate clocks. The 1973 buildings passed thirty years long before the statute existed, which set their first deadline at December 31, 2024. The 1999 phase reaches thirty years in 2029, but the statute also lets the local building authority require the inspection at twenty-five years where a building stands close to salt water, and this one stands on the beach. Treat 2029 as the outer date rather than a settled one, and ask the City of Destin which trigger it applies here and whether each phase has filed. Depth matters too, since the site runs about 940 feet from the sand back to the highway and federal flood mapping changes across that distance. Price the phase, the floor, and the walk to the water as three separate questions.
Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 22, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $515K |
| 2023 | $520K |
| 2024 | $515K |
| 2025 | $440K |
| 2026 YTD | $425K |
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $535 |
| 2023 | $531 |
| 2024 | $536 |
| 2025 | $469 |
| 2026 YTD | $443 |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 0 |
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 1 |
| Feb 25 | 1 |
| Mar 25 | 0 |
| Apr 25 | 2 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 1 |
| Aug 25 | 0 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 1 |
| Feb 26 | 2 |
| Mar 26 | 1 |
| Apr 26 | 0 |
| May 26 | 0 |
| Jun 26 | 1 |
| Jul 26 | 0 |
| 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. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
From the active file
9 units are on the market at Silver Dunes today - a sample of the current file:
$575,000
1030 U.S. 98 Unit 45
Destin, FL 32541
$615,000
1030 US-98 Unit 49
Destin, FL 32541
$475,000
1030 Hwy 98 Unit 203D
Destin, FL 32541
$615,000
1030 U.S. 98 Unit 43
Destin, FL 32541
$289,000
1030 Highway 98 Unit 12
Destin, FL 32541
$467,500
1030 Highway 98 Unit 6
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) | $425,000 |
|---|---|
| Middle-half range (25th-75th pct, 9 priced sales / 24 mo) | $420,000 - $480,000 |
| Median price, 2022 to 2026 | -17.5% ($515,000 to $425,000) |
| Average sale price (12 mo) | $480,130 |
| Sales volume, trailing 12 months | $2,400,650 |
| Sale price range, trailing 12 months | $383,150 - $712,500 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 1 BR | 3 | 0 | Sample too small |
| 2 BR | 6 | 4 | $417,500 |
| 3 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
$272/night
Average Daily Rate
Trailing 12 months, average across Beachfront condos, 1-3 bedrooms, City of Destin
58%
Occupancy
Guest, owner and held nights over calendar nights, across Beachfront condos, 1-3 bedrooms, City of Destin
41 nights
Owner Use
Owner and maintenance nights per rental, trailing 12 months, across Beachfront condos, 1-3 bedrooms, City of Destin
$103 to $411
Monthly Rate Range
Average nightly rate by month, lowest in January, highest in July
1392
Rentals Tracked
Units in Beachfront condos, 1-3 bedrooms, City of Destin
5 nights
Average Stay
67 days
Booking Window
Average lead time before arrival
Market data by Key Data · 1392 similar rentals tracked (Beachfront condos, 1-3 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.
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 Silver 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: 9 of 9 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.
The neighborhood: Dunes of Destin
Silver Dunes 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?
5 units closed at Silver Dunes in the trailing 12 months, from $383,150 to $712,500. 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 Silver 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 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 parcel record, Silver Dunes condominium parcels (accessed August 21, 2026)
- Okaloosa County site address record, Silver Dunes (accessed August 21, 2026)
- Okaloosa County water body layer at the parcel's seaward boundary (accessed August 21, 2026)
- Okaloosa County parcel outlines, Silver Dunes (accessed August 22, 2026)
- Okaloosa County building footprints on the Silver Dunes parcels (accessed August 22, 2026)
- Okaloosa County Coastal Construction Control Line at the parcel (accessed August 22, 2026)
- Okaloosa County FEMA FIRM flood zones across the parcel (accessed August 22, 2026)
- Florida Statutes s.553.899, milestone inspections (accessed August 22, 2026)
- 2026 Short-Term Rental Registration Guide, City of Destin (accessed August 21, 2026)
- Short-Term Rentals frequently asked questions, City of Destin (accessed August 21, 2026)