Southeast3.9% avg cap rateLive · 41 active listings

Destin, FL

Florida Panhandle's Emerald Coast gem

Destin's emerald-green Gulf waters and sugar-white sand beaches consistently rank among the most beautiful in the US. The Emerald Coast draws affluent Southern families, particularly from Atlanta, Birmingham, and Nashville. Gulf-front and gulf-view properties command significant premiums, and strong average nightly rates reflect the upscale buyer profile.

3.9%
Avg Cap Rate
Net operating income / price
35%
Avg Occupancy
Annual average
$626
Avg Nightly Rate
All property types
$2.3M
Avg List Price
STR-viable properties

41 active listings in Destin are analyzed and ranked right now

Scored 1-10 against real Airbnb comps. See which properties rank highest and why.

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Estimated Annual Performance

Gross rental revenue
35% occ × $626/night
$79,286
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $31,714
Est. net operating income
Before mortgage & depreciation
$47,572
At $2.3M avg price
Implied cap rate
2.1%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Destin

Emerald Gulf waters - premium photography drives Airbnb conversions
Affluent repeat visitor base (Atlanta, Nashville, Dallas drive markets)
HarborWalk Village marina access adds year-round draw
Relatively low STR regulation vs. other FL markets
Peak season: Memorial Day - Labor Day
Top property types: Condo, Gulf-front Home, Townhouse
Primary zip: 32541, 32550, 32578

Destin STR investing, answered

Is Destin, FL a good short-term rental market?

Destin is a Southeast STR market averaging a 3.9% cap rate, 35% annual occupancy, and $626/night across STR-viable listings, based on 41 active listings. Destin's emerald-green Gulf waters and sugar-white sand beaches consistently rank among the most beautiful in the US. The Emerald Coast draws affluent Southern families, particularly from Atlanta, Birmingham, and Nashville. Gulf-front and gulf-view properties command significant premiums, and strong average nightly rates reflect the upscale buyer profile.

What is the average Airbnb occupancy rate in Destin?

STR-viable properties in Destin average about 35% occupancy across the year. Peak season is Memorial Day - Labor Day. Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Destin?

At $626/night and 35% occupancy, a typical Destin STR grosses roughly $79,286 per year before expenses, leaving an estimated $47,572 in net operating income against a $2.3M average price, an implied 2.1% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Destin?

The strongest-performing STR property types in Destin are Condo, Gulf-front Home, Townhouse. Emerald Gulf waters - premium photography drives Airbnb conversions. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Destin?

STR-viable listings in Destin average around $2.3M. Primary STR ZIP codes include 32541, 32550, 32578. Combined with the market's 3.9% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 41 active listings · last updated Sep 1, 2026

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