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The picturesque city of Destin can be found on the northwestern portion of Florida, north of the Gulf of Mexico, and is considered to be the principal city of the Fort Walton Beach- Crestview-Destin, Florida Metropolitan Statistical Area.

A city characterized by its stunning white sandy beaches and emerald-hued waters, Destin has been named as “The Emerald Coast City”. Aside from that, Destin is hailed as the “world’s luckiest fishing village” due to its abundant fishing waters and healthy underwater population. The city also offers a diverse array of interesting shopping and dining destinations that are well loved by locals and adored by tourists.

Destin has long been a popular vacation spot- with more than 4.5 million visitors each year. And with the Northwest Florida Regional Airport (located just 7.73 miles away from Destin) recently opening its runways, getting to this piece of paradise has been made more convenient and accessible. The Northwest Florida Beaches International Airport on the other hand, is located 41.83 miles away from the city, and is more or less than an hour away from Destin via private vehicle.

Real Estate in Destin is diverse and varied – you’ll find a huge variety of
single family homes and apartments located in peaceful and quiet communities, as well as million dollar villas in exclusive gated communities.
There are also townhomes and apartments available in the area, as well as a handful of multi-family homes. Destin is located on a peninsula that divides the Gulf of Mexico and Choctawhatchee Bay, which makes for a diverse array of waterfront properties in the area that offer beautiful oceanfront views.

Real Estate Median Prices
As of 2014, the median value of homes here is at $229,400, with home appreciation rate at 3.30%. The Average renting cost for homes for a studio apartment in Destin is at $712, with a 4 bedroom home or apartment averaging at $1,518 per month.

Source:

http://www.cityofdestin.com/
http://www.bestplaces.net/housing/city/florida/destin

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