Median Listing Price
$415k
25th–75th pct varies. Comparable to other beach STR markets in the Top 50.
Median Land Ratio
38%
Range 33%–43%. Leaves the rest of purchase price as depreciable basis.
Bonus-Eligible %
20.2%
Median % of purchase price classifiable as 5-yr or 15-yr property. Range 17–23%.
Federal Savings @ 37%
$31.1k
Median federal tax savings on a $415k purchase. Range $26.3k–$36.3k.
Why Destin matters for STR bonus depreciation
Destin's score reflects three compounding factors driving its bonus depreciation outcome:
1. Florida conforms — full federal benefit flows
Florida fully conforms to federal §168(k). The full Year 1 deduction flows through on both federal and FL state returns (Florida has no state income tax, but the conformity matters for entity-level taxes). For STR investors this is the most favorable state tax posture.
2. Beach condo and townhouse stock keeps prices accessible
Destin's median STR price (~$415k) is among the lowest in the beach category. Lower entry prices mean smaller absolute Year 1 deductions, but ROI on the bonus dep benefit alone runs ~7.5% of purchase price — competitive within the bonus dep category.
3. Emerald Coast amenity density
Beachfront condo and townhouse STRs in Destin come with shared pool/beach amenities plus interior FF&E. Private STRs typically add outdoor showers, hot tubs, screened porches, and outdoor kitchens. Combined 5-year + 15-year basis runs 17–23%.
Common bonus-eligible amenities in Destin STRs
Prevalence of 15-year land improvements we typically see across Destin short-term rentals — all 100% bonus-eligible in Year 1 under IRS §168(k):
Pool (private or shared access)
87%
Screened porch / lanai
64%
Beach access / boardwalk
81%
Outdoor kitchen / BBQ area
38%
See live Destin listings ranked by bonus depreciation
Every active Destin short-term rental scored by Year 1 bonus depreciation potential — filtered by your price range and amenity preferences. Free market search shows every listing. Run a $99 detailed AI property report on any specific listing for line-item 5-year / 15-year / 39-year classification, closely calibrated to a formal cost seg study.
How the score is calculated
Destin's DepreciMax Score is the aggregate score across 100 active listings run through our proprietary algorithm. We use multiple inputs — including land values and AI photo recognition — calibrated over time against a completed cost segregation study on a benchmark short-term rental, with a target accuracy of closely calibrated on bonus-eligible % of purchase price.
More detail in the Top 50 Markets methodology section.
Version: 2026. Sample listings are representative profiles drawn from the top 100 active listings at snapshot date — actual addresses anonymized. Bonus depreciation outcomes vary by individual property; this report estimates ranges for typical purchases. Not tax advice — consult your CPA before making investment decisions.
Score live Destin properties — for your specific deal
Run any active Destin listing through the DepreciMax property scorer. Free market search shows you every listing ranked by bonus depreciation potential. $99 per detailed AI report on a specific property — closely calibrated to a formal cost seg study.
Score Destin Properties →
Want the full Top 50 report?
All 50 markets ranked by bonus depreciation score, with category filters and the full methodology.
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