Calusa Bay S/D
Homes for Sale in Destin, FL
All 603 homes for sale in Destin, FL · median $634,900 · 618 homes for sale in 32541 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of September 2026, Calusa Bay S/D in Destin, FL has 7 homes for sale, asking from $475,000 to $975,000 (median $649,900). Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $508,500, a median 197 days on market, sellers accepting 89% of original asking (-2% versus the prior year). Homes listed or recently sold were built 1999–2025 with 1 new construction; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $6,560 ($6,050 with the full homestead exemption).
| Location | Destin, Okaloosa County, FL · ZIP 32541 |
|---|---|
| Homes in the community | 113 (FL DOR 2025 assessment roll) |
| Years built | 1999–2024 (median 2005.0) |
| Typical living area | 2,195 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Pool, Gated, Short Term Rental - Not Allowed, Pets Allowed, Picnic Area, Pavillion/Gazebo |
| Sale prices, last 12 months | $508,500 median across 3 closed sales · -2.2% vs the prior 12 months |
| Days on market (closed sales) | 197 median |
| For sale right now | 7 active, 0 pending · median asking $649,900 · 28.0 months of supply |
| Owner-occupied (homestead) share | 49% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “CALUSA BAY S/D key facts,” movewithmomentum.com/neighborhoods/calusa-bay-s-d, data as of September 20, 2026.
Last 30 days in Calusa Bay S/D: 2 new listings (median asking $664,450). As of September 26, 2026, Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Calusa Bay S/D
Live MLS inventory for Calusa Bay S/D. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 67 daysTop listing
Active · 138 days
Active · 22 days
Active · 229 daysActive · 11 days
Active · 146 days
Active · 177 daysActive and pending Calusa Bay S/D listings as of 2026-09-26, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Calusa Bay S D Right Now (6)
All 6 active and pending Calusa Bay S D listings with a detail page, newest first, refreshed twice a day from the MLS.
- 227 Inverrary Drive · $629,900 · 3 bd / 2.5 ba · listed Sep 9, 2026 · listed by Wanda G Roberts Realty LLC
- 4698 Amhurst Circle · $975,000 · 4 bd / 3.5 ba · listed Aug 31, 2026 · listed by 1 Percent Lists Florida Coast
- 245 Inverrary Drive · $699,000 · 4 bd / 2.5 ba · listed Aug 29, 2026 · listed by Coldwell Banker Realty
- 4736 Amhurst Circle · $869,999 · 3 bd / 3.5 ba · listed Jun 27, 2026 · listed by Five Star Properties RE FL Inc
- 4707 Amhurst Circle · $475,000 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by Scenic Sotheby's International Realty
- 276 Calusa Boulevard · $649,900 · 4 bd / 2.5 ba · listed Jun 27, 2026 · listed by Century 21 AllPoints Realty
Price in Calusa Bay is driven mostly by the home itself, not the address. This is a subdivision built across a long stretch of years, from 1999 to 2024, with a median build around 2005 and roughly 2,195 square feet at the middle. That span means condition, updates, and vintage do more to set a number than any community premium, and with no amenities identified from current MLS listings, you are paying for the house and the Destin location rather than for shared features. The median sits at $508,500, but expect a wide spread depending on how updated a given home is.
The current posture favors a patient buyer. Prices are down 12.7% year over year, the median home is taking 66 days to sell, and the market heat score of 30 points to a slow, negotiable environment. With only 5 active listings and 5 recent closings, inventory is thin, so the right home does not come along every week — but when it does, sellers have limited leverage. Sellers, in turn, should price to the current market and plan for a longer marketing window rather than last year's numbers.
Calusa Bay S/D right now
🟢 Buyer-leaning market. 28.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Medium (7 active and pending listings, 3 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($508K) is down 2.2% from the prior 12 months ($520K) and up 134% since 2012. With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 9 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Calusa Bay S/D market snapshot (as of September 20, 2026): the median sale price is about $508K, a median 197 days on market for closed sales, and 28.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 2% from the prior 12 months and up 134% since 2012, computed from record-level Emerald Coast MLS closed sales (3 closings in the current window).
In ZIP 32541 (Destin), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.
County records show 15 qualified sales in CALUSA BAY S/D across 2024–2025 (7 in 2024, 8 in 2025), median $520,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Calusa Bay S/D is a community of 113 homes in Destin, Okaloosa County, built between 1999 and 2024 (median 2005.0), with a median living area of about 2,195 square feet. 49% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Calusa Bay is a modest, 113-home subdivision in Destin with homes spanning a quarter-century of construction and no shared amenities on record. It reads as a location-and-house play rather than a lifestyle community.
The setting & the homes.
Aerial and on-site photos of Calusa Bay S/D. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Calusa Bay S/DPhotos from Emerald Coast MLS listings in Calusa Bay S/D; content deemed reliable but not guaranteed.
Who Calusa Bay S/D is best for.
Best for
- Buyers targeting a Destin location around the mid-$500s who will evaluate each home on its own condition
- Patient buyers comfortable waiting out thin inventory for the right updated house
- Second-home or investment buyers who want negotiating room in a slow market
Probably not for
- Buyers who need pool, clubhouse, or other shared amenities in their community
- Anyone counting on near-term appreciation given the current year-over-year decline
- Buyers who need to close fast and cannot wait for the right listing to surface
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($508K) IS the median in the snapshot above, and the move from 2025 ($520K) IS the -2.2% one-year change.
Windows contain 2 to 10 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
11% of homes for sale in ZIP 32541 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-27).
Calusa Bay S/D Market Scorecard
Calusa Bay S/D is currently a buyer-leaning market. About 28.0 months of supply, a median asking price of $649,900, and homes go under contract in about 138 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in CALUSA BAY S/D, Destin
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Calusa Bay S/D on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Destin · Elementary
- Destin · Middle
- Destin · High
Zoned schools reflect the assignments reported on recent Calusa Bay S/D listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Calusa Bay S/D address.
Shop the zone: Homes zoned for Destin High School
The Calusa Bay S/D buying strategy.
If we were buying in Calusa Bay S/D today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Calusa Bay S/D.
A condition-driven market in a thin-inventory pocket
The build range here tells the real story. A 1999 home and a 2024 home carry very different systems, layouts, and finishes, so two houses of similar size can land far apart on price. With the median around 2005 and roughly 2,195 living square feet, the middle of this market is a mature home that may or may not have been updated — do your homework on roof, HVAC, and kitchens before you anchor to the $508,500 median.
Homestead share sits near half at 49.2%, meaning a meaningful portion of these homes are not primary residences. Combined with a slow 66-day median days-on-market and a soft year-over-year move, that mix reinforces the case for careful pricing and unhurried offers. Longer-term, the subdivision has appreciated 131% since 2012, but recent direction is down, so buy on today's fundamentals, not a projection.
The location and the amenities are priced into every listing in Calusa Bay S/D. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Calusa Bay S/D buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (4.3). Basis: Long-Term Appreciation +134% since 2012; Recent Direction -2.2% year-over-year; Liquidity & Demand 28.0 months of supply; Owner Commitment 49% owner-occupied; Pricing Power 89.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a subdivision this small with only a handful of active listings, the difference between homes is almost entirely condition and vintage, and that is exactly where an average price comparison misleads. We walk the specific house, weigh its systems and updates against the median, and price your offer or your listing to the real market — one where days-on-market is running long and buyers hold the leverage.
Calusa Bay S/D in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Calusa Bay S/D buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Calusa Bay S/D sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Calusa Bay S/D, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Calusa Bay S/D home worth?
Get a no-obligation home value based on real comparable sales in Calusa Bay S/D, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Calusa Bay S/D?
How long do homes in Calusa Bay S/D take to sell?
Is Calusa Bay S/D a buyer's or seller's market right now?
How many homes are in Calusa Bay S/D?
What share of Calusa Bay S/D is owner-occupied?
When were the homes in Calusa Bay S/D built?
Have Calusa Bay S/D home prices gone up?
Who is the best real estate agent for Calusa Bay S/D?
How do I find a top Destin real estate agent who knows Calusa Bay S/D?
Can Momentum Realty connect me with an agent for Calusa Bay S/D?
Where is Calusa Bay S/D, and what county is it in?
Should you buy in Calusa Bay S/D?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32541)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2000 (100 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how CALUSA BAY S/D fits the bigger picture — live prices, inventory, and Momentum Scores:
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