Marbella
Condos for Sale in Destin, FL
All 570 homes for sale in Destin, FL · median $639,450 · 569 homes for sale in 32541 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Marbella in Destin, FL has 4 homes for sale, asking from $675,000 to $3,880,000 (median $896,350). Homes listed or recently sold were built 2006–2024; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 24 ft).
Homes For Sale Right Now in Marbella
Live MLS inventory for Marbella. 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 · 263 daysTop listing
Active · 43 days
Active · 113 days
Active · 45 daysActive and pending Marbella 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.
Marbella is a thin market right now, with just four active listings and a single closing in the current window. In a community this small, price is set less by a broad market trend and more by the condition and specifics of whatever handful of homes happen to be listed. One updated or one dated property can move the perceived pricing picture more than any wider Destin momentum.
For a buyer, that means comparing the four available homes against each other on their merits rather than assuming a clean going rate. For a seller, thin supply can work in your favor, but with so few data points, pricing has to be built from the property itself, not from a deep bench of recent comps.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Marbella sits in Destin, within Okaloosa County, and the current snapshot is small and tightly held. With no community amenities identified from current MLS listings, the value case here rests on location and the homes themselves.
Emerald Coast MLS sales records identify 30 homes in MARBELLA that have changed hands since 2006, built between 2003 and 2006 (median 2005), with a median living area of about 2,086 sq ft and a typical 3-bedroom, 3-bath layout; 100% are condominiums. 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 6 qualified sales in MARBELLA across 2024–2025 (2 in 2024, 4 in 2025), median $1.80M — 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.
The setting & the homes.
Aerial and on-site photos of Marbella. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
MarbellaMarbellaMarbellaMarbellaPhotos from Emerald Coast MLS listings in Marbella; content deemed reliable but not guaranteed.
Who Marbella is best for.
Best for
- Buyers set on a Destin location who can move on the right home quickly given limited inventory
- Buyers comfortable evaluating a property on its own condition rather than a deep set of comps
- Sellers with a well-kept home who benefit from standing out in a short list of listings
Probably not for
- Buyers who need a community with pools, gyms, or other shared amenities
- Buyers who want a wide selection to compare before committing
- Buyers who rely on a large volume of recent sales to anchor their offer
The market around Marbella
Marbella is too small for its own price trend, so here is the market around it.
In ZIP 32541, 635 homes are on the market and 11% are under contract — a slower corner of Destin.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
In ZIP 32541 (Destin), 150 homes closed in the last 12 months at a median of $740K ($199/sq ft), down 17.6% year over year, with a median 103 days on market. Right now 190 active and 16 pending listings put supply at about 15.2 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 Marbella specifically. Momentum Research analysis of MLS records.
Marbella 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
- Fort Walton Beach · High
Zoned schools reflect the assignments reported on recent Marbella 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 Marbella address.
Shop the zone: Homes zoned for Fort Walton Beach High School · Homes zoned for Destin High School
The Marbella buying strategy.
If we were buying in Marbella 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 Marbella.
A small-inventory read
With four homes active and one recent closing, Marbella is the kind of community where the available inventory tells you almost everything. There is no amenity package pulling weight in the value equation, so what you are paying for is the home's condition, layout, and its position in Destin. That puts the burden on walking each property and judging it directly.
Because the pool of listings and closings is so limited, both sides should expect price to be condition-driven rather than range-bound. We do not have a spread of sales to lean on, so a realistic number comes from the specific home in front of you, not from a market average that barely exists at this size.
The location and the amenities are priced into every listing in Marbella. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the difference between a good decision and a guess is having someone who will walk each of the few available homes with you and be blunt about condition and fit. We do not pad a Destin location with amenity claims that are not there, and with limited comps we build pricing from the property itself rather than a thin average.
Marbella in 15 seconds.
Tools for a Marbella 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 Marbella sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Marbella, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Marbella home worth?
Get a no-obligation home value based on real comparable sales in Marbella, 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 MARBELLA
Homes in MARBELLA 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.
- 770 Harbor Boulevard #4C · off market
| Location | Destin, Okaloosa County, FL · ZIP 32541 |
|---|---|
| Homes in the community | 47 (FL DOR 2025 assessment roll) |
| Years built | 1939–2024 (median 1984) |
| Typical living area | 2,943 sq ft (median) |
| Amenities listed by sellers | Short Term Rental - Not Allowed, Community Room, Elevators, Exercise Room, Marina, Pavillion/Gazebo |
| For sale right now | 4 active, 0 pending · median asking $896,350 |
| Owner-occupied (homestead) share | 34% |
Data as of November 9, 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, “Marbella key facts,” movewithmomentum.com/neighborhoods/marbella--okaloosa, data as of November 9, 2026.
Housing distress & ownership in MARBELLA, 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.
Every Home for Sale in Marbella Okaloosa Right Now (4)
All 4 active and pending Marbella Okaloosa listings with a detail page, newest first, refreshed twice a day from the MLS.
- 770 Harbor Boulevard #Unit 1G · $897,700 · 3 bd / 3 ba · listed Sep 16, 2026 · listed by The Ketchersid Group LLC
- 770 Harbor Boulevard #Unit 2J · $675,000 · 2 bd / 2 ba · listed Sep 11, 2026 · listed by RE/MAX by the Sea
- 754 Harbor Boulevard · $3,880,000 · 6 bd / 7 ba · listed Aug 13, 2026 · listed by The Premier Property Group
- 770 Harbor Boulevard #Unit 3F · $895,000 · 3 bd / 3 ba · listed Aug 13, 2026 · listed by LPT Realty LLC
More Destin home searches
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- Destin home values: what is my house worth?
Destin guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Email me new listings in Marbella
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 Marbella Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Marbella Condos for Sale will answer, and the answer is published on this page for the next buyer.
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 (2026-11-11).
Recent Developments in Marbella Okaloosa
Development, infrastructure, retail, and school activity affecting Marbella Okaloosa, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
TJ Maxx to open 33,865-square-foot Destin store Nov. 1 at Paradise Key
The off-price retailer opens at 4437 Commons Drive East with a grand opening from 8 a.m. to 8 p.m. on Nov. 1. Regular hours run 9:30 a.m. to 9:30 p.m. daily, and the store sells apparel, accessories, jewelry, and home and beauty goods.
What it may mean for the marketA new national off-price anchor adds everyday shopping close to Destin's commercial corridor and may shorten trips for retail needs. The project is about 9 miles west of Marbella Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - 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 20 miles west of Marbella Okaloosa, 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 project is about 14 miles west of Marbella Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - August 2026Infrastructure
Walton commissioners approve up to $4.69 million Westbay Parkway design contract
At its August 17, 2026 meeting, the Walton County Board of County Commissioners approved, on the consent agenda, a contract with Mott MacDonald for Westbay Parkway design not to exceed $4,693,502.38. The same agenda included a $184,117 Dewberry task order for the Santa Clara Regional Beach Access Bramble Grove addition.
What it may mean for the marketDesign work on Westbay Parkway is an early step toward added road capacity in western Walton County. The site is about 10 miles northeast of Marbella Okaloosa.
Source: Walton County Government - July 2026Infrastructure
Scenic Walton advances underground utilities and gateway landscape projects
Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.
What it may mean for the marketAdvances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The site is about 11 miles northeast of Marbella Okaloosa.
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 15 miles northwest of Marbella Okaloosa.
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
How many homes are in Marbella?
What share of Marbella is owner-occupied?
When were the homes in Marbella built?
Who is the best real estate agent for Marbella?
How do I find a top Destin real estate agent who knows Marbella?
Can Momentum Realty connect me with an agent for Marbella?
Where is Marbella, and what county is it in?
Should you buy in Marbella?
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: July 25, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32541)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (2 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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