Okaloosa County Real Estate - Destin

Destin is in North West Florida. It's population as recorded in the 2010 Census was 12,305. Destin is approximately 43 miles from Pensacola (population 51,923) and around 53 miles from Panama City (population 36,484).

The median age for residents of Destin is 41.1. Around 25.1% of Destin households include school aged children and 24.7% of households include individuals aged 65 years or over. Census records indicate 90.1% of the Destin population are White, 1.4% are Black or African American, .2% American Indian, 2% Asian and 2.9% are Two or more Races.

There are 13,672 housing units in Destin. 8,378 (61.2%) of these were reported as vacant in the 2010 Census. Destin is a tourist destination, 53.5% (4,489) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 4,991 residential rental units in Destin. 1,881 of them were occupied in 2010 providing a residential rental vacancy rate of 58.7%.

Destin links:

Okaloosa County

Okaloosa County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Okaloosa has a population over 180,000. The county is part of one of the fastest growing regions in the nation. The county is located in the panhandle, with the southern portion bordering the Gulf of Mexico and the northern portion on the Georgia border.

Top industries in Okaloosa County are government, professional & business services, trade & transportation, leisure and hospitality, and education & health services. Several air force and army facilities are located in Okaloosa County, including Eglin Air Force Base, Hurlburt Field, and Duke Field. By size, Eglin is the largest Air Force base in the country and is responsible for the development, acquisition, testing, and deployment of all air-delivered weapons. Okaloosa county's white sand beaches also attract many tourists to the area. Top private sector employers are Fort Walton Beach Medical Center, L-3 Communications/Crestview Aerospace, DRS Training & Control Systems, InDyne Inc, and ResortQuest. Major public sector employers are US Department of Defense-Eglin AFB, Okaloosa School District, and County of Okaloosa-Sheriff's Department.

Defense is major business in Okaloosa. Of the ten largest defense contractors in the state, six have a presence in Okaloosa. 350 such companies provide 21,000 jobs and contribute over $6.5 billion to the economy.

Okaloosa is a major transportation hub. Indeed, its county seat, Crestview, is nicknamed the "Hub City". With two rivers, a CSX railroad line, and access to multiple highways including Interstate-10, the city is at the center of the region.

Northwest Florida State College has five campuses throughout the county, with its main campus in Niceville. Troy University also has campuses in the county, including one on Eglin AFB.

Neighboring Properties

AddressTypeSq FtClass 
775 Gulf Shore Dr 2030 Condominium 629 B
775 Gulf Shore Dr 1032 Condominium 629 B
775 Gulf Shore Dr 1027 Condominium 629 B
775 Gulf Shore Dr 1022 Condominium 629 B
775 Gulf Shore Dr 1023 Condominium 629 B
775 Gulf Shore Dr 2041 Condominium 629 B
775 Gulf Shore Dr 1041 Condominium 629 B
775 Gulf Shore Dr 1035 Condominium 629 B
775 Gulf Shore Dr 1034 Condominium 629 B
775 Gulf Shore Dr 4213 Condominium 1,100 B
775 Gulf Shore Dr 4111 Condominium 1,100 B
775 Gulf Shore Dr 4110 Condominium 1,100 B
775 Gulf Shore Dr 4112 Condominium 1,100 B
775 Gulf Shore Dr 4113 Condominium 1,100 B
775 Gulf Shore Dr 4212 Condominium 1,100 B
775 Gulf Shore Dr 4211 Condominium 1,100 B
775 Gulf Shore Dr 4210 Condominium 1,100 B
775 Gulf Shore Dr 4114 Condominium 1,100 B
775 Gulf Shore Dr 4214 Condominium 1,100 B
775 Gulf Shore Dr 4115 Condominium 1,100 B
775 Gulf Shore Dr 4215 Condominium 1,100 B
775 Gulf Shore Dr 2013 Condominium 629 B
775 Gulf Shore Dr 2039 Condominium 629 B
775 Gulf Shore Dr 4109 Condominium 1,100 B
775 Gulf Shore Dr 4108 Condominium 1,100 B
775 Gulf Shore Dr 4107 Condominium 1,100 B
775 Gulf Shore Dr 4106 Condominium 1,100 B
775 Gulf Shore Dr 4208 Condominium 1,100 B
775 Gulf Shore Dr 4209 Condominium 1,100 B
775 Gulf Shore Dr 4207 Condominium 1,100 B
775 Gulf Shore Dr 4206 Condominium 1,100 B
775 Gulf Shore Dr 2068 Condominium 708 B
775 Gulf Shore Dr 2069 Condominium 708 B
775 Gulf Shore Dr 1068 Condominium 708 B
775 Gulf Shore Dr 1069 Condominium 708 B
775 Gulf Shore Dr 1066 Condominium 708 B
775 Gulf Shore Dr 2067 Condominium 708 B
775 Gulf Shore Dr 1067 Condominium 708 B
775 Gulf Shore Dr 2066 Condominium 708 B
775 Gulf Shore Dr 1046 Condominium 708 B
775 Gulf Shore Dr 2047 Condominium 708 B
775 Gulf Shore Dr 1047 Condominium 708 B
775 Gulf Shore Dr 2046 Condominium 708 B
775 Gulf Shore Dr 4231 Condominium 1,100 B
775 Gulfshore Dr 4230 Condominium 1,100 B
775 Gulf Shore Dr 4131 Condominium 1,100 B
775 Gulf Shore Dr 4130 Condominium 1,100 B
775 Gulf Shore Dr 2012 Condominium 629 B
775 Gulf Shore Dr 1006 Condominium 629 B

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,092 per year. The top 10% earn more than $162,114 per year. The top 1% earn more than $423,170 per year. Most renters earn between $33,396 (20th percentile) and $58,956 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 36 of all properties in this area. This suggests it would appeal to someone earning around $52,414 per year who should qualify for a mortgage between $104,828 and $131,035.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,020. Most renters earn between $2,783 and $4,913 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $744 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 12%.

This property falls in percentile 36 of all properties in this area. This corresponds to a rent of $894 per month and a monthly household income of $3,296 ($39,552 per year)

Nearby Companies

Clinkscales Radiology, Inc.
770 Harbor Blvd
P&S Acquisitions, LLC
770 Harbor Blvd
Hank'S Scuba LLC
770 Harbor Blvd
Lacorte Realty, LLC
770 Harbor Blvd
St Johns Fla Properties LLC
770 Harbor Blvd
Northline Investments, LLC
770 Harbor Blvd
344 South Street, LLC
770 Harbor Blvd
201 Bordeaux St, LLC
770 Harbor Blvd
821 Bayshore Dr, LLC
770 Harbor Blvd
Jmg Aerospace Corp.
770 Harbor Blvd
Pinnacle Emerald Coast, Inc.
775 Gulf Shore Dr
Coastal Stitches, Inc.
809 Harbor Blvd
Capriccio Cafe, LLC.
810 Hwy 98 East
Naturbaker, LLC
817 Harbor Blvd
Pranom & Walairak LLC
821 Harbor Blvd
The Cake Destination LLC
775 Gulf Shore Dr
Disclaimers and Disclosures

Public Records Data

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