For those looking to own a piece of paradise along Florida’s Emerald Coast will want to consider a real estate purchase in the Crystal Beach neighborhood in Destin, Florida. This quiet beachside community has a welcoming feeling and features tree-lined streets with white picket fences and pastel-colored homes. Low-density Gulf-front condominiums are completed by one-of-a-kind hotels and inns, including Beachside Inn, the Inn at Crystal Beach, Henderson Beach Inn, and the luxurious Henderson Beach Resort.
With the miles of soft white sand beaches and emerald green waters, Crystal Beach is ideal for family vacations as well as real estate investments. Real Estate Sales in the area were already experiencing growth when the City of Destin entered into a public-private partnership to purchase additional land and expand the Crystal Shores Beach Access creating a “Gateway to Crystal Beach.” The exciting new development will result in an additional 184 feet of beach along with a 67-foot-wide public park. Located at 2964 Scenic Highway 98 at the south end of Hutchinson Street, the park will be just steps away from Beachside Inn and many homes in Crystal Beach.
Residential real estate sales in Okaloosa County have been on the rise and the announcement of the expanded beach access has been this location even more desirable. The Emerald Coast Association of Realtors (ECAR) Closed Sale Report for February 2021 revealed that the volume of sales for townhomes and condominiums in February 2021 increased 59.3% over the same month last year. The average sale price was $350,000 (a 30% increase over 2020). Sales for single-family homes also increased at a more modest 6.2% increase over February last year and the average sale price increased 34% to $396,306.
With the anticipated opening of the expanded beach access in the summer of 2021, real estate transactions and prices are poised for continued growth. Real estate investors and fans of Northwest Florida beaches will want to consider an investment in Crystal Beach.
Want to learn more about the Crystal Beach neighborhood and Destin real estate, contact one of Newman-Dailey Resort Properties' experienced sales agents or call our office at 850-837-1071. Learn more about Destin Real Estate at DestinSales.com or click here to view recent real estate listings in the Destin area.
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