June
14
June 14th, 2013
by
Kerigan Marketing
Crystal Beach is a Florida cottage and beach house community located in Destin, Florida. Located just south of Hwy 98 from The Destin Commons shopping and entertainment center, Crystal Beach has become a popular vacation haven for tourists and an excellent investment opportunity for investors looking for income producing properties with growing home equity. A short stroll from the beach, and just minutes away from excellent shopping, nightlife, world class fishing, and family entertainment, Crystal Beach is a popular choice for tourists.
General Overview:
A community of pastel colors, and a mixture of "Old Florida" and beach house, Crystal Beach consists of several homes directly on the beach, and many others with water views. Here, you will find home prices range from $250,000 to $800,000 for most homes, and homes lining scenic Hwy 98 with a gulf views to range into the low millions... gulf front homes start from $2,000,000 and up. The community of Crystal Beach is a strong vacation rental area with many owners grossing 6-12% in rental income when property equipped and managed.
Real Estate Outlook:
Since the recent market depression, The Crystal Beach Community has made a strong recovery and has showed a significant bounce back from 2011 lows. From 2011 - 2012 average home sales climbed from an average of $391,000 to $478,000, and have again climbed to an average of $512,000 so far in 2013.
Closed sales in Crystal Beach have also shown significant improvement with the first 6 months of 2013 equaling 2012 totals.
For more sales information about the Crystal Beach community, contact our Beachy Beach Destin location at 850-460-2734, or visit our office at 200 Calusa Blvd Suite 100 Destin, FL 32531
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Tags: great rental, real estate news, beach house, gulf front, beachy beach, destin, beach cottage, crystal beach, real estate