Calusa Bay S/D
Homes for Sale in Destin, FL
All 605 homes for sale in Destin, FL · median $629,000 · 605 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 October 2026, Calusa Bay S/D in Destin, FL has 5 homes for sale, asking from $569,000 to $975,000 (median $629,900). 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 8 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).
Last 30 days in Calusa Bay S/D: 1 new listing (median asking $620,000). As of October 16, 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 · 83 daysTop listing
Active · 38 days
Active · 27 daysActive · 5 days
Active · 162 daysActive and pending Calusa Bay S/D listings as of 2026-10-14, 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.
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 October 16, 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
Calusa Bay S/DCalusa Bay S/DCalusa Bay S/DCalusa Bay S/DCalusa Bay S/D
Calusa Bay S/D
Calusa Bay S/D
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 (2026-10-08).
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 38 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.
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 contributors.
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.
See all homes for sale in Destin →
Recently off market in CALUSA BAY S/D
Homes in CALUSA BAY S/D that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 276 Calusa Boulevard · off market
- 4707 Amhurst Circle · off market
- 4736 Amhurst Circle · off market
| 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, Pavillion/Gazebo, Pets Allowed, Picnic Area |
| 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.
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.
Just listed in Calusa Bay S/D
The newest homes for sale in Calusa Bay S/D right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 218 Calusa Boulevard $620,000 · 3 bd · 2 ba · 15 days on market Courtesy of Redfin Corporation
- 227 Inverrary Drive $629,900 · 3 bd · 2.5 ba · 37 days on market Courtesy of Wanda G Roberts Realty LLC
- 245 Inverrary Drive $675,000 · 4 bd · 2.5 ba · 48 days on market Courtesy of Coldwell Banker Realty
- 4698 Amhurst Circle $975,000 · 4 bd · 3.5 ba · 93 days on market Courtesy of 1 Percent Lists Florida Coast
- 233 Calusa Boulevard $569,000 · 3 bd · 3.5 ba · 172 days on market Courtesy of NBI Properties Inc
Checked against the MLS Oct 16, 2026. All new listings in this market.
Every Home for Sale in Calusa Bay S D Right Now (5)
All 5 active and pending Calusa Bay S D listings with a detail page, newest first, refreshed twice a day from the MLS.
- 218 Calusa Boulevard · $620,000 · 3 bd / 2 ba · listed Oct 1, 2026 · listed by Redfin Corporation
- 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 · $675,000 · 4 bd / 2.5 ba · listed Aug 29, 2026 · listed by Coldwell Banker Realty
- 233 Calusa Boulevard · $569,000 · 3 bd / 3.5 ba · listed Jul 16, 2026 · listed by NBI Properties Inc
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- ZIP 32541 housing scorecard
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Amhurst Circle (30 homes on record)
- Calusa Boulevard (22 homes on record)
- Inverrary Drive (13 homes on record)
- Inverrary Drive (1 homes on record)
Email me new listings in Calusa Bay S/D
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Calusa Bay S/D
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Calusa Bay S/D will answer, and the answer is published on this page for the next buyer.
Recent Developments in Calusa Bay S D
Development, infrastructure, retail, and school activity affecting Calusa Bay S D, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 5 miles northwest of Calusa Bay S D, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Civic
Okaloosa commissioners reject 12-month data center moratorium 3-2
Okaloosa County commissioners voted 3-2 on September 15 against a 12-month data center moratorium. On September 3 the board unanimously directed staff to develop a regulatory framework for data centers, with an outline due within 60 days. No specific project or site was proposed, and commissioners discussed protecting the Shoal River Industrial Park.
What it may mean for the marketThe pending rules will shape where large power-and-land-intensive facilities can locate in the county, including industrial land near Crestview. The project is about 24 miles north of Calusa Bay S D, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Parks & Amenities
Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park
Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.
What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The site is about 1 mile east of Calusa Bay S D.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 9 miles north of Calusa Bay S D.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 26 miles north of Calusa Bay S D, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The project is about 22 miles north of Calusa Bay S D, elsewhere in Okaloosa County.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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: October 14, 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.
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See how CALUSA BAY S/D fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Calusa Bay S/D
- Home values · What homes in Calusa Bay S/D actually sell for
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