Commercial Real Estate in Destin
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Popular searches around Destin
Reonomy attracts a large community of Destin commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
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Destin commercial real estate sold prices and values
| Values and sold prices (last 24 months) | United States | Arkansas | Destin |
|---|---|---|---|
| Average price/sqft | $1,075 | $565 | -- |
| Median price/sqft | $120 | $98 | -- |
| Average sold price | $1,044,280 | $459,070 | -- |
| Median sold price | $197,180 | $66,167 | -- |
| Number of sales | 3,896,619 | 56,037 | -- |
| Number of sales over $250k | 1,652,112 | 12,448 | -- |
| Number of sales over $1m | 376,992 | 3,327 | -- |
| Number of sales over $10m | 51,617 | 234 | -- |
| Average total tax amount | $9,270 | $704 | $352 |
| Average assessed value | $316,887 | $14,072 | $7,350 |
| Average market value | $436,999 | $70,363 | $36,750 |
Destin commercial real estate property averages
| Property averages | United States | Arkansas | Destin |
|---|---|---|---|
| Average lot size | 816,557 sf | 937,371 sf | 1,742,400 sf |
| Median lot size | 24,453 sf | 67,406 sf | 1,742,400 sf |
| Average building area | 1,077 sf | 315 sf | -- |
| Median building area | 77 sf | 30 sf | -- |
| Median year built | 1970 | 1986 | -- |
| Average number of units | 16 | 21 | -- |
| Median number of units | 2 | 3 | -- |
Destin commercial real estate total supply
| Supply | United States | Arkansas | Destin |
|---|---|---|---|
| Number of parcels | 58,466,290 | 1,174,111 | -- |
| Aggregate lot acerage | 1,006,458,749 | 15,511,439 | 40 |
| Aggregate building area | 8,055,392,605 sf | 25,744,404 sf | -- |
| Aggregate units | 90,029,797 | 321,556 | -- |
Destin commercial real estate industrial mortgages
| Debt | United States | Arkansas | Destin |
|---|---|---|---|
| Number of mortgages | 41,928,927 | 376,524 | -- |
| Average value of mortgages | $5,197,766 | $5,652,393 | -- |
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