Looking for a slice of paradise without breaking the bank? Known for its sugar-white sands and emerald-green waters, Destin offers some incredible condo deals right now. Whether you’re seeking a vacation getaway or a smart investment, we’ve uncovered five standout condos in Destin that you can snag for under $500,000. Dive in to discover your dream escape by the Gulf of Mexico – at a price that fits your budget.
#1 – Palms of Destin
4207 Indian Bayou Trail #21009
2 BR | 2 BA | 970 SF
This beautiful 2-bedroom, 2-bathroom condo is situated on the 10th floor at The Palms of Destin Resort and Conference Center with rental projections between $48K-$56K! This unit has been completely renovated, featuring custom full-size bunk beds, updated countertops, flooring, and various other enhancements. Located in the West Tower, enjoy breathtaking gulf views overlooking the largest lagoon pool in Destin.
#2 – Magnolia House
480 Gulf Shore Drive #406
1 BR | 1 BA | 800 SF
Freshly appointed 4th floor Gulf/Pass Front condo located within the gated island community of Destin Pointe. As the owner of this one bedroom condo, you’ll enjoy spectacular views of the Gulf, Destin’s East Pass and Crab Island! This condo features tile and LVP floors throughout. The living space is an open concept with the kitchen, dining and living area all enjoying views of the water.
#3 – The Palms of Destin
4207 Indian Bayou Trail #2614
2 BR | 2 BA | 970 SF
Discover the epitome of coastal living in this exquisite condo located in Tower 2 of The Palms of Destin. This west-facing unit offers beautifully maintained living spaces, featuring antique furnishings that reflect the pride of ownership and exceptional care from the current owner. This condo, not part of the rental program, offers a unique opportunity for both personal enjoyment and short-term rental potential.
#4 – Jetty East Condo
500 Gulf Shore Drive 620A
1 BR | 1 BA | 636 SF
Top floor condo with unobstructed views of the Destin Pass over a coastal lake and the Choctawhatchee Bay! This unit boasts granite countertops, tile flooring throughout, and a rental history in 2022 of over $40,000! Jetty East is a gated complex with an abundance of amenities including a large gulf-front pool, private beach access, hot tub, fitness room, tennis court, beachside pavilion with charcoal grills, security, and much more.
#5 – Sandpiper Cove
775 Gulf Shore Drive 1016
1 BR | 1 BA | 629 SF
As you step into this beautifully designed unit, you’ll be captivated by the breathtaking views of the golf course right from your living room. This beautiful, fully furnished unit is located on the ground floor with an extended deck overlooking the 9th tee and next to one of five pools. Step outside onto your expansive back deck and soak in the Florida sunshine. Park at your front door and start enjoying all of the amenities of Sandpiper Cove!