Capri by the Gulf in Destin

Capri by the Gulf
Condos for Sale in Destin, FL

All 602 homes for sale in Destin, FL · median $636,000 · 617 homes for sale in 32541 · Okaloosa County homes for sale

Community in Destin · Okaloosa County · ZIP 32541
77 homesBuilt 1956–2021
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data24 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Capri by the Gulf in Destin, FL has 4 homes for sale, asking from $425,000 to $455,000 (median $445,000). Homes listed or recently sold were built 1956–1956; 1 of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft).

Capri by the Gulf key facts
LocationDestin, Okaloosa County, FL · ZIP 32541
Homes in the community77 (FL DOR 2025 assessment roll)
Years built1956–2021 (median 2001.0)
Typical living area3,975 sq ft (median)
Home types (current listings and sales)condos 80%, townhouses 20%
Amenities listed by sellersBBQ Pit/Grill, Beach, Deed Access, Gated, Laundry, Pets Allowed
For sale right now4 active, 0 pending · median asking $445,000 · 48.0 months of supply
Owner-occupied (homestead) share1%

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, “Capri by the Gulf key facts,” movewithmomentum.com/neighborhoods/capri-by-the-gulf, data as of September 20, 2026.

Last 30 days in Capri by the Gulf: 1 closed sale (median $490,000). As of September 28, 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.

Live · Capri by the Gulf Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
48.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Okaloosa: 23% (551 of 2,441)
4 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
1%
Owner-occupied · Capri by the Gulf
1 of 84 parcels homesteaded (FL DOR 2025)
99%
Non-owner-occupied · Capri by the Gulf
incl. 52% trust or LLC-held · 86% out-of-state
77
Homes in the community
plus 7 vacant residential lots · 84 residential parcels (FL DOR 2025)
Track record · 24 years of records
9
Recorded sales · 2024-2025
median $1.40M · qualified sales on the county roll (FL DOR 2025)
Est. 1956
Community established
homes built 1956-2021, median 2001 (FL DOR 2025)
1.3%/yr
Turnover rate
about 1 of 77 homes trade a year

Homes For Sale Right Now in Capri by the Gulf

Live MLS inventory for Capri by the Gulf. 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 and pending Capri by the Gulf 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 Capri By The Gulf Right Now (4)

All 4 active and pending Capri By The Gulf listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Capri by the Gulf is a small pocket of Destin, and right now the picture is thin: four active listings, no closings in the current window, and no shared amenities showing up in the MLS. With no recent sales to anchor value, price here is being set listing by listing — condition, exact location within the community, and how motivated each seller is will matter more than any comparable, because there effectively aren't fresh comps to lean on.

For a buyer, that means underwriting each home on its own merits rather than trusting the list price to reflect a settled market. For a seller, it means the burden is on presentation and pricing discipline: with a handful of competing listings and no recent closings to point to, the home that shows best and prices honestly is the one that moves.

Capri by the Gulf Housing Pulse · Momentum Research · as of September 20, 2026

Capri by the Gulf right now

🟢 Buyer-leaning market. 48.0 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: Low (4 active and pending listings, 1 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 29, 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

This is a compact Destin community with only four homes on the market and no amenities identified from current listings — the draw is the location within Destin itself, not a package of shared features.

Emerald Coast MLS sales records identify 6 homes in Capri by the Gulf that have changed hands since 2002, built between 1956 and 1981 (median 1956), with a median living area of about 550 sq ft and a typical 1-bedroom, 1-bath layout; 67% are townhomes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 9 qualified sales in Capri by the Gulf across 2024–2025 (6 in 2024, 3 in 2025), median $1.40M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers set on a Destin location who will underwrite each home on its own condition and price
  • Patient buyers comfortable with limited inventory and willing to wait for the right listing among a small field
  • Buyers who value the address over shared community features

Probably not for

  • Buyers who want a resort-style amenity package as part of the purchase
  • Buyers who rely on recent comparable sales to validate a price before offering
  • Buyers needing broad selection and a fast-moving, high-inventory market

The market around Capri by the Gulf

Capri by the Gulf is too small for its own price trend, so here is the market around it.

In ZIP 32541, 720 homes are on the market and 13% are under contract — a slower corner of Destin.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

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.

ZIP and county figures describe the wider market, not Capri by the Gulf specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Capri by the Gulf, Destin

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 29 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-19)

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.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • 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 Capri by the Gulf 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 Capri by the Gulf address.

If we were buying in Capri by the Gulf today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

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.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Capri by the Gulf.

Best Buy
Buyers who want a Destin address and are comfortable evaluating a thin market on a home-by-home basis.
Biggest Risk
With no recent closings, there are no fresh comps to confirm value.
Sweet Spot
A well-conditioned listing priced with discipline, bought after real due diligence.
Avoid If
You need shared amenities or a deep, liquid market with plenty of comps and inventory.

A thin, condition-driven market

The defining feature of Capri by the Gulf today is scarcity of data. Four active listings and zero closings in the current window means value discovery is happening in real time. Two similar-looking homes here can be priced very differently, and both can be defensible, because there's no recent sale to say which is right.

Practically, that puts the work on due diligence. Tour the actual homes, weigh condition and any updates against the asking price, and don't assume the list price is the market. Because no community amenities show up in the listings, you're buying the house and the Destin address — not a clubhouse, pool, or shared package.

“

The location and the amenities are priced into every listing in Capri by the Gulf. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, the value is in local judgment, not a printout. We track this corner of Destin closely enough to tell you whether a given asking price holds up against condition and the broader Okaloosa coast — and to tell you when a listing is priced ahead of what it can support. With no recent closings to lean on, that read is the difference between overpaying and buying well.

Capri by the Gulf in 15 seconds.

Best forBuyers who want a Destin address and are comfortable evaluating a thin market on a home-by-home basis.
Biggest advantageA small, low-competition field of listings you can actually study in depth.
Biggest riskWith no recent closings, there are no fresh comps to confirm value.
Sweet spotA well-conditioned listing priced with discipline, bought after real due diligence.
Avoid ifYou need shared amenities or a deep, liquid market with plenty of comps and inventory.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Capri by the Gulf Condos for Sale in Destin, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Capri by the Gulf Condos for Sale in Destin, FL.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Capri by the Gulf sales matched to your home.

What is your Capri by the Gulf home worth?

Get a no-obligation home value based on real comparable sales in Capri by the Gulf, 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 →

Real comps, not an automated estimate.

Recently off market in Capri by the Gulf

Homes in Capri by the Gulf 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. 1 on record.

How much local inventory is already under contract

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 (2026-09-29).

Frequently Asked Questions

Is Capri by the Gulf a buyer's or seller's market right now?
As of September 20, 2026, Capri by the Gulf leans toward buyers: 48.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
How many homes are in Capri by the Gulf?
The Florida DOR 2025 assessment roll shows 77 homes plus 7 vacant residential lots in Capri by the Gulf (public records).
What share of Capri by the Gulf is owner-occupied?
1% of Capri by the Gulf parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Capri by the Gulf built?
Homes in Capri by the Gulf were built between 1956 and 2021, with a median year built of 2001.0 (FL DOR 2025 roll).
Who is the best real estate agent for Capri by the Gulf?
The best agent for Capri by the Gulf is one who actively works Destin and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Capri by the Gulf.
How do I find a top Destin real estate agent who knows Capri by the Gulf?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Capri by the Gulf and the wider Destin area.
Can Momentum Realty connect me with an agent for Capri by the Gulf?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Capri by the Gulf purchase or sale - no call center and no pressure.
Where is Capri by the Gulf, and what county is it in?
Capri by the Gulf is in Destin, Okaloosa County, FL, ZIP 32541. The community's center is about 3 miles east of the center of Destin (straight-line).
Buyers set on a Destin location who will underwrite each home on its own condition and priceExcellent fit
Patient buyers comfortable with limited inventory and willing to wait for the right listing among a small fieldExcellent fit
Buyers who value the address over shared community featuresExcellent fit
Buyers who want a resort-style amenity package as part of the purchaseProbably not
Buyers who rely on recent comparable sales to validate a price before offeringProbably not
Buyers needing broad selection and a fast-moving, high-inventory marketProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 26, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32541))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2002 (12 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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Nearby Communities

Explore more neighborhoods near Capri by the Gulf with Momentum Realty’s local guides.

CBCrystal Beach S D0.0 mi awayCrystal Beach0.2 mi away · median $1.39M, 22 sales/12 moCrystal Shores (Okaloosa)0.3 mi away · median $1.39M, 4 sales/12 moCrystal Beach Cottages0.3 mi away · median $935K, 5 sales/12 moKokomo Kove0.4 mi away · median $1.54M, 4 sales/12 moOne Twenty Five Crystal Beach Drive0.4 mi away · median $623K, 7 sales/12 moEmerald Breeze Estates0.4 mi away · 44 homes, built 1989–03, 1 for saleSovereign Isle S D0.4 mi away · 38 homes, built 1996–24, 2 for sale

Browse all neighborhood guides →

Thinking of selling in Capri by the Gulf? 1 recorded closings (window ending 2026-09-20). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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