Destin
Fort Walton Beach-Crestview-Destin
Premium Gulf-front condo arbitrage with median ADR ~$305-341 and top-quartile $497+; FL state preempts STR bans, but City of Destin and Walton County both run registration regimes with real teeth ($500/day operating-without-cert in Walton). HOA rental restrictions vary building-to-building; the unlock is identifying buildings that allow nightly stays AND will accept a master-lease arbitrage operator.
Both jurisdictions allow STRs (FL preemption blocks bans) but each requires annual registration with non-trivial fees, signage, occupancy caps, parking affidavits, and 1-hour-response local responsible party. Walton's $500/day operating-without-registration penalty and ~60% identified-noncompliance rate signal active enforcement.
Destin deep-dive: full report ships with your first pack.
Permitted zones, banned zones, HOA-permissive buildings, friendly PMs, ADR/LTR benchmarks, seasonality, and red flags — all delivered alongside your 50 ranked leads.