Destin · Building Market Report
Silver Shells Beach Resort
Every number a buyer, seller, or investor needs on one building: live inventory, closed-sale history, and the neighborhood around it - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 22, 2026 · Next statistics update early October 2026
How the building is trading
28 units closed at Silver Shells Beach Resort in the trailing 12 months at a median of $1,223,500, with a 93.8% median list-to-sale ratio. On the active side, 3 of 7 listings sit below original list price, and standing inventory works out to 3.0 months of supply at the current sales pace.
Silver Shells is less one market than several sharing a campus. The county dates its five towers across six years, from 1999 to 2005, so construction vintage alone separates one address here from another before anything else enters the read. Rental treatment is uneven as well: the resort books stays directly while a second manager's published program reaches four of the towers, which means a residence inside that program and one outside it answer to different buyers. Read any sale against its own tower first, because a blended resort median mostly records which tower happened to trade that quarter.
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 | $935K |
| 2022 | $1.03M |
| 2023 | $1.29M |
| 2024 | $1.43M |
| 2025 | $1.17M |
| 2026 YTD | $1.34M |
| Period | Value |
|---|---|
| 2021 | $542 |
| 2022 | $683 |
| 2023 | $743 |
| 2024 | $736 |
| 2025 | $639 |
| 2026 YTD | $720 |
| Period | Value |
|---|---|
| Sep 24 | 1 |
| Oct 24 | 1 |
| Nov 24 | 1 |
| Dec 24 | 0 |
| Jan 25 | 3 |
| Feb 25 | 2 |
| Mar 25 | 1 |
| Apr 25 | 4 |
| May 25 | 1 |
| Jun 25 | 2 |
| Jul 25 | 5 |
| Aug 25 | 2 |
| Sep 25 | 4 |
| Oct 25 | 2 |
| Nov 25 | 0 |
| Dec 25 | 4 |
| Jan 26 | 1 |
| Feb 26 | 2 |
| Mar 26 | 3 |
| Apr 26 | 1 |
| May 26 | 2 |
| Jun 26 | 5 |
| Jul 26 | 3 |
| Aug 26 | 3 |
| Period | Value |
|---|---|
| Sep 24 | Sample too small |
| Oct 24 | Sample too small |
| Nov 24 | Sample too small |
| Dec 24 | No data |
| Jan 25 | $1.2M |
| Feb 25 | Sample too small |
| Mar 25 | Sample too small |
| Apr 25 | $1.39M |
| May 25 | Sample too small |
| Jun 25 | Sample too small |
| Jul 25 | $910K |
| Aug 25 | Sample too small |
| Sep 25 | $938K |
| Oct 25 | Sample too small |
| Nov 25 | No data |
| Dec 25 | $843K |
| Jan 26 | Sample too small |
| Feb 26 | Sample too small |
| Mar 26 | $1M |
| Apr 26 | Sample too small |
| May 26 | Sample too small |
| Jun 26 | $1.39M |
| Jul 26 | $1.8M |
| Aug 26 | $1.28M |
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
7 units are on the market at Silver Shells Beach Resort today - a sample of the current file:
$1,850,000
15200 Emerald Coast Parkway Unit 1106
Destin, FL 32541
$1,750,000
15400 Emerald Coast Parkway Unit 406
Destin, FL 32541
$1,295,000
15500 Emerald Coast Parkway Unit 1003
Destin, FL 32541
$899,000
15100 Emerald Coast Parkway Unit 306
Destin, FL 32541
$1,500,000
15400 Emerald Coast Parkway Unit 202
Destin, FL 32541
$1,825,000
15400 Emerald Coast Parkway Unit 308
Destin, FL 32541
The investor file
| Typical acquisition (median, 12 mo) | $1,223,500 |
|---|---|
| Middle-half range (25th-75th pct, 52 priced sales / 24 mo) | $885,375 - $1,545,000 |
| Median price, 2021 to 2026 | +43.3% ($935,250 to $1,340,000) |
| Average sale price (12 mo) | $1,249,622 |
| Sales volume, trailing 12 months | $34,989,425 |
| Sale price range, trailing 12 months | $500,000 - $2,800,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 1 | 10 | $775,000 |
| 3 BR | 5 | 15 | $1,480,000 |
| 4 BR | 1 | 2 | Sample too small |
1 of the trailing-12 closings does not carry a recorded bedroom count and cannot appear in these rows.
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
Short-term rental permission varies here
The building guide for Silver Shells Beach Resort 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.
Rental rules on the MLS today: 7 of 7 active listings disclose“Short Term Rental - Allowed”. Always verify the association's current policy.
The neighborhood: Indian Bayou
Silver Shells Beach Resort sits in or beside the Indian Bayou Census neighborhood - the area figures below describe that neighborhood, not this building alone.
Neighborhood Data
Indian Bayou at a Glance
1,521
Properties
$591K
Median Home Value
46%
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. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold units?
28 units closed at Silver Shells Beach Resort in the trailing 12 months, from $500,000 to $2,800,000. 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 Silver Shells Beach Resort?
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
- 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. 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
- Silver Shells Beach Resort & Spa: Official Site (accessed August 19, 2026)
- Compass Resorts: Silver Shells Beach Resort & Spa (accessed August 19, 2026)
- Okaloosa County IGIS: Parcels layer, the five Silver Shells towers (accessed August 21, 2026)
- City of Destin: Register a Short Term Rental (accessed August 19, 2026)