CALUSA BAY S/D
Homes for Sale in Destin, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via emeraldcoast
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
🔴 Off the recent peak. The trailing-12-month median ($508K) is down 12.7% from the prior 12 months ($582K) and up 131% 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 emeraldcoast closed sales, 12-month windows ending July 25. Confidence: Low (5 and 8 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 25, 2026 · Live data: emeraldcoast, 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 July 25, 2026): the median sale price is about $508K, and a median 66 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months and up 131% since 2012, computed from record-level emeraldcoast closed sales (5 closings in the current window).
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/D
CALUSA BAY S/D
CALUSA BAY S/D
CALUSA BAY S/D
CALUSA BAY S/DPhotos from emeraldcoast 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 July 25 of each year, from record-level emeraldcoast 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 ($582K) IS the -12.7% one-year change.
Windows contain 2 to 9 sales each (5 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.
CALUSA BAY S/D Market Scorecard
CALUSA BAY S/D is currently a balanced market., a median asking price of $675,000, and homes go under contract in about 89 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: emeraldcoast, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
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 · 10 daysTop listingActive · 81 daysActive · 172 daysActive · 89 daysActive · 120 daysActive and pending CALUSA BAY S/D listings as of 2026-07-25, 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.
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 emeraldcoast. 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.
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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 4 factors (5.1). Basis: Long-Term Appreciation +131% since 2012; Recent Direction -12.7% year-over-year; Owner Commitment 49% owner-occupied; Pricing Power 91.5% 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
- Mandatory HOA — confirm current dues
- 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 homes for sale in CALUSA BAY S/D on the map →
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?
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?
Do cash buyers compete in CALUSA BAY S/D?
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?
Should you buy in CALUSA BAY S/D?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near CALUSA BAY S/D with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | emeraldcoast, refreshed twice daily (last: July 25, 2026) |
| Community market stats | emeraldcoast closed sales, 12-month windows ending July 25, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32541)) |
| 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.
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