St Martin Beachwalk Villas

01How 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.

The label on a listing is doing less work here than it appears to. Four separately recorded condominiums of ten units apiece share this name, and nothing crosses between them: a declaration read at one, a budget obtained from another and a reserve position quoted from a third describe three different properties. So the first move in any comparable set is reading the legal description and grouping by which of the four a unit belongs to. The roll makes that quick once the pattern is known. Unit numbers run in a separate hundred for each recorded condominium, the 100s for the Villas, the 200s for Ph I, the 300s for Ph II and the 400s for Ph III, and the middle digit is the level: on all forty units the second digit of the unit number matches the floor the county's address layer records, with four units on the first level of each building and three on each of the second and third. A unit number here tells you the building and the level before any document is opened. Vintage splits along the same seam, two of the condominiums recorded at 1993 and two at 1994, and so does ground, with the ten titled parcels of each drawn on about 0.95, 0.455, 0.415 and 0.292 acres, so land per unit is not uniform across a name that looks it. Read every figure on this page as one file covering all forty units together. That scope is deliberate and worth saying plainly: ten sales in a single condominium is thin enough that one unusual transaction moves the whole picture, and these four are close enough in age, size and position to bear being read as one set. What the blended file cannot do is price a specific condominium, so treat it as the starting point and adjust for the document and reserve differences between the four rather than reading a median here as one association's market. Two site facts belong in that adjustment rather than in a headline. Nothing under this name reaches the water, the nearest parcel lying about 766 feet from it and the farthest about 905, and the ground in between is a resort timeshare's and its second phase's, so access is a recorded-easement question and not a walk. And every recorded outline here, including the larger plat outline the Villas carries, maps outside the special flood hazard area in Zone X and the reduced-risk shaded band, with no coastal construction control line crossing any of them and the nearest segment about 405 feet seaward, which separates this site from neighbours a few hundred feet closer to the water that carry velocity and AE zones and price insurance accordingly.

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.

02From the active file

5 units are on the market at St Martin Beachwalk Villas today:

Price Reduced

$464,900

1006 Highway 98 Unit 131

Destin, FL 32541

3 bd 2 ba 1,020 sqft

Price Reduced

$505,900

1006 Highway 98 Unit 433

Destin, FL 32541

3 bd 2 ba 1,028 sqft

$485,000

1006 Highway 98 Unit 431

Destin, FL 32541

3 bd 2 ba 1,028 sqft

Price Reduced

$514,900

1006 Highway 98 Unit 323

Destin, FL 32541

3 bd 2 ba 1,028 sqft

Price Reduced

$365,000

1006 Highway 98 Unit 111

Destin, FL 32541

2 bd 2 ba 830 sqft

03Short-term rental permission varies here

The building guide for St Martin Beachwalk Villas 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.

04The neighborhood: Dunes of Destin

St Martin Beachwalk Villas sits in or beside the Dunes of Destin Census neighborhood - the area figures below describe that neighborhood, not this building alone.

05Reading this file