Destin, Florida is a beautiful destination situated along the Florida Panhandle. I recall being floored when I first saw the beach here 20 years ago, when I first got stationed here with the USAF. It's no secret that many have designs on owning vacation property here with plans to settle here more often upon retirement.
Given the current economic climate of 2023, there are some definite considerations one should take before purchasing a property in Destin. With interest rates being higher and inflation looming, affordability should be a primary concern.
In this video, I discuss some Destin January market details, advantages and cautions to buying a vacation home this year, and the steps/research that should be taken before purchasing.
It can be extremely helpful working with a real estate professional that can assist obtaining information for proper due diligence before making a purchase.
I personally own vacation rental properties and have helped dozens of investors from Destin to PCB do the same. If you are thinking of purchasing an Airbnb investment in Florida, reach out to me anytime!
https://www.facebook.com/realtorericl... 00:00 Introduction 01:10 Destin Market Updates 04:35 Top Three Pros of Buying in Destin in 2023 06:25 Top Three Cons of Buying in Destin in 2023 09:21 Steps Before Purchasing:Step 1 Rental Market Research 10:24 Steps Before Purchasing: Step 2 Four Square Analysis 13:02 Conclusion
