The price per square foot is going to depend on quite a few factors. Age of the property, proximity to the water, upgrades made to the property and so forth are all going to contribute to the asking price. But just a very generic estimate is that the average price per square foot is going to be anywhere for $110-$130. Hope this helps!
Feel free to contact me with any other questions or if there is a particular townhome you would like to take a look at!
Compass Real Estate
Thank you for asking this question. The price of any property will differ in price per square foot depending on the location of the property. For instance, a property located next to a dump would sell for much less than a property located next to the Gulf of Mexico. So your question is a tough one to just answer.
I just checked and in Destin today there are 29 Townhomes for Sale. The average asking price of these listings comes out to $147 per square foot. Last month there were 5 townhomes that sold. Of those that sold, their average price per square foot was $121. Remember that we currently have about a six month supply left in inventory for sale and when inventory levels drop, the prices will go up.
If you would like to work with an Exclusive Buyer's Representative, this is what I do. I can help you save time, money, and avoid frustration.
Kelly Klein, Lifeguard Real Estate, Inc.