Best Beach House Investment Locations in the U.S. for 2023: Top 10 Waterfront Destinations with High ROI

Top 10 Beach House Investment Destinations in the U.S. for 2023: Where to Buy for Maximum ROI

If you've been dreaming of owning a beach house as a vacation home that can also generate rental income, you're not alone. Despite rising real estate prices, the demand for beachfront properties remains strong. Vacation rental management platform Vacasa has recently released its rankings for the best places to buy a beach house in the U.S. in 2023, based on the highest annual cap rate, or rate of return on investment. Here are the top 10 destinations that made the list:

1.Lake Anna, Virginia - With a cap rate of 12.1%, Lake Anna takes the crown as the most profitable waterfront location in the nation. The median home sales price is around $385,000, and the median gross rental revenue is over $69,000.

2.Hatteras Island, North Carolina - This coastal destination attracts millions of visitors each year, and offers a cap rate of 9.51%. The median home sales price in the area is $412,500, and the median annual gross rental revenue is over $58,000.

3.Navarre Beach, Florida - Homes in Navarre Beach sell for a median price of $370,000, and annual gross revenue is just over $50,000, with a cap rate of 9.46%.

4.Destin, Florida - A popular destination on Florida's Emerald Coast, Destin draws 5 million visitors every year. The median home sales price is around $525,000, and the cap rate is 5.32%, with an annual revenue of roughly $51,000.

5.Highway 30A, Florida - This 20-mile stretch of beach towns between Destin and Panama City on the Emerald Coast offers a cap rate of 4.6% with a median home sales price of about $640,000, and an annual revenue of around $55,000.

6.Outer Banks, North Carolina - This popular beach destination offers a cap rate of 4.47%, with a median home sales price of $425,000, and an annual revenue of over $45,000.

7.Gulf Shores, Alabama - With a cap rate of 4.25%, Gulf Shores offers a median home sales price of $415,000, and an annual revenue of over $40,000.

8.Tybee Island, Georgia - This charming island off the coast of Savannah offers a cap rate of 3.92%, with a median home sales price of $495,000, and an annual revenue of over $45,000.

9.Folly Beach, South Carolina - Folly Beach offers a cap rate of 3.87%, with a median home sales price of $650,000, and an annual revenue of over $50,000.

10.Galveston Island, Texas - Rounding out the top 10 is Galveston Island, offering a cap rate of 3.75%. The median home sales price is $320,000, and the annual revenue is over $30,000.

These rankings are based on Vacasa's analysis of cap rates, median home sales prices, and annual gross rental revenues. It's important to note that real estate markets can fluctuate, and it's always wise to do thorough research and consult with a local real estate professional before making any investment decisions.

In conclusion, owning a beach house can be a dream come true, and these top 10 destinations in the U.S. offer the potential for a profitable investment. Whether you're looking for a second home or a vacation rental property, these beachfront locations are worth considering for their strong cap rates and potential

Phone(850) 225-9899

Email[email protected]

Address Delawalla Group
Berkshire Hathaway Home Services - Beach Properties of Florida
6652 E. Co. Hwy 30A, Suite 110
Watersound, FL 32461

385 Properties
Page 1 of 20
$3,500,000
Neighborhood: Rolling Dunes Estates Unit 1
5
Beds
4F11/2
Baths
3,330
Sq.Ft.
2023
Year Built
4
Days on Site
942594
MLS
$2,350,000
Neighborhood: Blue Mountain Beach
16,117
Sq.Ft. Lot
5
Days on Site
942476
MLS
$1,044,000
Neighborhood: Ventana Dunes
3
Beds
2F11/2
Baths
1,463
Sq.Ft.
2001
Year Built
5
Days on Site
941928
MLS
$1,899,000
Neighborhood: Unrecorded Subdivision
4
Beds
4
Baths
3,101
Sq.Ft.
2012
Year Built
5
Days on Site
942489
MLS
$1,699,000
Neighborhood: Ridgewalk
3
Beds
2F11/2
Baths
2,392
Sq.Ft.
2018
Year Built
5
Days on Site
942506
MLS
$595,000
Neighborhood: Hidden Lake Condominiums
1
Beds
2
Baths
738
Sq.Ft.
2020
Year Built
5
Days on Site
942525
MLS
Open 2/23
162 Emerald Beach Circle Santa Rosa Beach,  FL 32459
$1,350,000
Neighborhood: Highland Parks
4
Beds
3F11/2
Baths
2,333
Sq.Ft.
2017
Year Built
5
Days on Site
942549
MLS
$975,000
Neighborhood: Blue Gulf Resort
3
Beds
2
Baths
1,154
Sq.Ft.
1967
Year Built
6
Days on Site
942371
MLS
$885,000
Neighborhood: Blue Gulf Resort
3
Beds
1F11/2
Baths
1,026
Sq.Ft.
1967
Year Built
6
Days on Site
942372
MLS
$1,600,000
Neighborhood: Country Club Estates
3
Beds
2
Baths
2,160
Sq.Ft.
2004
Year Built
6
Days on Site
939159
MLS
$5,588,000
Neighborhood: Beach Highlands
7
Beds
6F21/2
Baths
4,861
Sq.Ft.
2020
Year Built
6
Days on Site
942433
MLS
$615,000
Neighborhood: Dune Allen 2Nd Add
14,810
Sq.Ft. Lot
7
Days on Site
942056
MLS
$1,840,000
Neighborhood: Beach Haven Cottages
4
Beds
4
Baths
1,924
Sq.Ft.
2002
Year Built
7
Days on Site
942293
MLS
$425,000
Neighborhood: Escada
3
Beds
2
Baths
1,544
Sq.Ft.
2001
Year Built
7
Days on Site
942311
MLS
$2,300,000
Neighborhood: Village Of White Cliffs
4
Beds
3F11/2
Baths
2,775
Sq.Ft.
1998
Year Built
7
Days on Site
942322
MLS
$1,050,000
Neighborhood: Gulfview Heights 1St Addn
4
Beds
3F11/2
Baths
1,712
Sq.Ft.
1999
Year Built
7
Days on Site
942348
MLS
$550,000
Neighborhood: Gulf Place Town Center East Condo
1
Baths
363
Sq.Ft.
2001
Year Built
8
Days on Site
942183
MLS
$789,000
Neighborhood: Flamingo Village Aka Emerald Walk
3
Beds
2F11/2
Baths
1,887
Sq.Ft.
1995
Year Built
8
Days on Site
942213
MLS
$549,000
Neighborhood: Gulf Place Cabanas Condo
1
Beds
1
Baths
600
Sq.Ft.
1999
Year Built
8
Days on Site
942220
MLS
$995,000
Neighborhood: Shadow Pines
4
Beds
4
Baths
1,858
Sq.Ft.
2012
Year Built
8
Days on Site
942248
MLS
1136 Properties
Page 1 of 57
$8,999,000
Neighborhood: Whispering Oaks
8
Beds
8F11/2
Baths
7,632
Sq.Ft.
2023
Year Built
625
Days on Site
900404
MLS
$8,725,000
Neighborhood: A.E. Richards S/D
7
Beds
7F11/2
Baths
5,832
Sq.Ft.
2023
Year Built
104
Days on Site
936354
MLS
$7,950,000
Neighborhood: Holiday Isle
5
Beds
5F11/2
Baths
5,069
Sq.Ft.
2019
Year Built
201
Days on Site
929278
MLS
$7,799,000
Neighborhood: Kelly Plantation S/D
6
Beds
6F11/2
Baths
6,651
Sq.Ft.
2024
Year Built
40
Days on Site
939965
MLS
$7,797,000
Neighborhood: Burnt Pine
4
Beds
6
Baths
5,800
Sq.Ft.
1997
Year Built
98
Days on Site
936687
MLS
$6,972,500
Neighborhood: Destiny Shores S/D
7
Beds
7F11/2
Baths
5,850
Sq.Ft.
1999
Year Built
91
Days on Site
937132
MLS
$6,750,000
Neighborhood: Park Row At Crystal Beach
10
Beds
9F11/2
Baths
7,502
Sq.Ft.
2021
Year Built
105
Days on Site
936233
MLS
$6,495,000
Neighborhood: Gulf Pines 3Rd Addn
6
Beds
8F11/2
Baths
6,485
Sq.Ft.
2017
Year Built
166
Days on Site
931898
MLS
$6,495,000
Neighborhood: Kelly Plantation S/D Ph 2
6
Beds
6
Baths
6,506
Sq.Ft.
2010
Year Built
120
Days on Site
935255
MLS
$5,990,000
Neighborhood: Kelly Plantation S/D
9
Beds
8F31/2
Baths
8,360
Sq.Ft.
1996
Year Built
29
Days on Site
940687
MLS
$5,950,000
Neighborhood: Regatta Bay
6
Beds
6F11/2
Baths
5,031
Sq.Ft.
2023
Year Built
148
Days on Site
933189
MLS
$5,500,000
Neighborhood: Gulf Pines 2Nd Addn
6
Beds
6F11/2
Baths
5,900
Sq.Ft.
2020
Year Built
126
Days on Site
933835
MLS
$5,500,000
Neighborhood: Gulf Pines 1St Addn
6
Beds
7F11/2
Baths
5,900
Sq.Ft.
2023
Year Built
126
Days on Site
933815
MLS
$5,200,000
Neighborhood: Inn At Crystal Beach
6
Beds
5
Baths
5,752
Sq.Ft.
1997
Year Built
199
Days on Site
929356
MLS
$4,995,000
Neighborhood: Burnt Pine
6
Beds
6F11/2
Baths
6,391
Sq.Ft.
2009
Year Built
198
Days on Site
929383
MLS
$4,990,000
Neighborhood: East Crystal Beach
8
Beds
9F11/2
Baths
5,753
Sq.Ft.
2018
Year Built
79
Days on Site
937771
MLS
$4,875,000
Neighborhood: Holiday Isle
5
Beds
5F11/2
Baths
5,081
Sq.Ft.
2014
Year Built
416
Days on Site
914155
MLS
$4,799,000
Neighborhood: Holiday Isle
4
Beds
4F11/2
Baths
6,104
Sq.Ft.
2004
Year Built
281
Days on Site
923389
MLS
$4,795,000
Neighborhood: Burnt Pine
5
Beds
7
Baths
6,982
Sq.Ft.
2016
Year Built
118
Days on Site
935399
MLS
$4,699,000
Neighborhood: Warren Heights
5
Beds
4F11/2
Baths
3,100
Sq.Ft.
1994
Year Built
196
Days on Site
929532
MLS
274 Properties
Page 1 of 14
$1,149,500
Neighborhood: Grand Navarre
9,583
Sq.Ft. Lot
1
Day on Site
942712
MLS
$650,000
Neighborhood: No Recorded Project
2
Beds
2
Baths
2,497
Sq.Ft.
2017
Year Built
1
Day on Site
942740
MLS
$389,000
Neighborhood: Marion Manor
3
Beds
2
Baths
1,989
Sq.Ft.
1998
Year Built
2
Days on Site
942671
MLS
$380,000
Neighborhood: Holley By The Sea
3
Beds
2
Baths
1,495
Sq.Ft.
2003
Year Built
3
Days on Site
942625
MLS
$395,000
Neighborhood: Cambridge Park
4
Beds
2
Baths
1,798
Sq.Ft.
2021
Year Built
4
Days on Site
942364
MLS
$489,000
Neighborhood: Sea Pines
3
Beds
2F11/2
Baths
1,632
Sq.Ft.
1988
Year Built
4
Days on Site
942600
MLS
$559,900
Neighborhood: Holley By The Sea
4
Beds
3
Baths
2,758
Sq.Ft.
2010
Year Built
5
Days on Site
942468
MLS
$390,000
Neighborhood: Tradewinds T/H
1
Beds
2
Baths
766
Sq.Ft.
1991
Year Built
5
Days on Site
925025
MLS
$1,229,000
Neighborhood: By The Sea
4
Beds
2
Baths
2,108
Sq.Ft.
2017
Year Built
5
Days on Site
942487
MLS
$299,900
Neighborhood: Pro Am Estates
3
Beds
2
Baths
1,317
Sq.Ft.
1993
Year Built
5
Days on Site
942501
MLS
$447,950
Neighborhood: Creets Landing
4
Beds
2
Baths
2,257
Sq.Ft.
2024
Year Built
5
Days on Site
942551
MLS
$329,900
Neighborhood: Brittany Oaks Villas
3
Beds
2F11/2
Baths
1,537
Sq.Ft.
2024
Year Built
6
Days on Site
939281
MLS
$375,000
Neighborhood: Navarre S/D 2Nd Addn
3
Beds
2
Baths
1,743
Sq.Ft.
2014
Year Built
6
Days on Site
942382
MLS
$359,900
Neighborhood: Ashberry Woods
4
Beds
2
Baths
1,650
Sq.Ft.
2002
Year Built
6
Days on Site
942441
MLS
Open 3/9
3520 Moonstone Dr Navarre,  FL 32566
$430,000
Neighborhood: Treasure Isle Estates
4
Beds
2
Baths
1,830
Sq.Ft.
2018
Year Built
7
Days on Site
941652
MLS
$550,000
Neighborhood: Gulf Island Condos
2
Beds
2F11/2
Baths
1,196
Sq.Ft.
1994
Year Built
7
Days on Site
932297
MLS
$385,000
Neighborhood: Ashberry Woods
4
Beds
2
Baths
1,628
Sq.Ft.
2003
Year Built
7
Days on Site
942301
MLS
$425,000
Neighborhood: Waterstone
4
Beds
2
Baths
2,584
Sq.Ft.
2006
Year Built
8
Days on Site
942217
MLS
$999,000
Neighborhood: Village At Navarre
3
Beds
2
Baths
1,659
Sq.Ft.
1997
Year Built
9
Days on Site
942137
MLS
Open 2/25
3602 Bob Tolbert Rd Navarre,  FL 32566
$538,900
Neighborhood: Nonesuch Way
4
Beds
3
Baths
2,711
Sq.Ft.
2024
Year Built
11
Days on Site
942014
MLS

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