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

508 Properties
Page 1 of 26
$1,100,000
Neighborhood: Dune Allen
11,326
Sq.Ft. Lot
1
Day on Site
955364
MLS
$1,700,000
Neighborhood: Dune Allen
15,246
Sq.Ft. Lot
1
Day on Site
955363
MLS
$1,625,000
Neighborhood: Dune Allen 2Nd Add
4
Beds
4F11/2
Baths
2,986
Sq.Ft.
2025
Year Built
1
Day on Site
955374
MLS
$539,000
Neighborhood: Gulf Place Caribbean Condo
1
Beds
1
Baths
726
Sq.Ft.
1996
Year Built
1
Day on Site
955380
MLS
$1,180,000
Neighborhood: Coastal Dunes
4
Beds
4
Baths
2,262
Sq.Ft.
2008
Year Built
2
Days on Site
937166
MLS
$859,000
Neighborhood: Ventana Dunes
3
Beds
3
Baths
1,650
Sq.Ft.
2001
Year Built
2
Days on Site
952860
MLS
$242,000
Neighborhood: Village At Blue Mountain Beach
2,178
Sq.Ft. Lot
2
Days on Site
955257
MLS
$1,225,000
Neighborhood: Courtyard At Gulf Place
3
Beds
2F11/2
Baths
3,332
Sq.Ft.
2000
Year Built
2
Days on Site
955268
MLS
$799,500
Neighborhood: Escada
4
Beds
2F11/2
Baths
2,189
Sq.Ft.
2004
Year Built
3
Days on Site
955183
MLS
$1,249,000
Neighborhood: Gulfview Heights
4
Beds
3
Baths
1,632
Sq.Ft.
1998
Year Built
3
Days on Site
955189
MLS
$499,000
Neighborhood: Gulf View
3,049
Sq.Ft. Lot
3
Days on Site
955194
MLS
$960,000
Neighborhood: Shortline Lake Estates
3
Beds
3
Baths
1,932
Sq.Ft.
1989
Year Built
4
Days on Site
955143
MLS
$899,000
Neighborhood: Escada
4
Beds
2F11/2
Baths
2,495
Sq.Ft.
2004
Year Built
4
Days on Site
954342
MLS
$6,450,000
Neighborhood: Grayton Beach
6
Beds
5F11/2
Baths
5,100
Sq.Ft.
2019
Year Built
5
Days on Site
955014
MLS
$1,275,000
Neighborhood: Cypress Dunes
4
Beds
3F11/2
Baths
2,300
Sq.Ft.
2014
Year Built
5
Days on Site
955089
MLS
$1,385,000
Neighborhood: Highland Parks
4
Beds
4F11/2
Baths
2,844
Sq.Ft.
2019
Year Built
5
Days on Site
955096
MLS
$1,999,900
Neighborhood: Santa Rosa Ridge Unit 3
5
Beds
4F11/2
Baths
3,843
Sq.Ft.
2017
Year Built
6
Days on Site
954949
MLS
$185,000
Neighborhood: Cypress Dunes
13,068
Sq.Ft. Lot
6
Days on Site
954952
MLS
$215,000
Neighborhood: Cypress Dunes
3,485
Sq.Ft. Lot
6
Days on Site
954963
MLS
$2,395,000
Neighborhood: Gulfview Heights
6
Beds
6F21/2
Baths
3,589
Sq.Ft.
2024
Year Built
6
Days on Site
954970
MLS
1400 Properties
Page 1 of 70
$16,995,000
Neighborhood: Gulf Pines 2Nd Addn
6
Beds
6F11/2
Baths
7,768
Sq.Ft.
2017
Year Built
75
Days on Site
949543
MLS
$8,595,000
Neighborhood: A.E. Richards S/D
7
Beds
7F21/2
Baths
5,832
Sq.Ft.
2023
Year Built
258
Days on Site
936354
MLS
$7,900,000
Neighborhood: Richards A E Unrec
7
Beds
6F11/2
Baths
5,372
Sq.Ft.
2014
Year Built
153
Days on Site
942925
MLS
$6,875,000
Neighborhood: Burnt Pine
4
Beds
6
Baths
5,800
Sq.Ft.
1997
Year Built
38
Days on Site
936687
MLS
$6,640,000
Neighborhood: Park Row At Crystal Beach
10
Beds
9F11/2
Baths
7,502
Sq.Ft.
2021
Year Built
259
Days on Site
936233
MLS
$6,495,000
Neighborhood: Destiny By The Sea
5
Beds
5F11/2
Baths
4,880
Sq.Ft.
2001
Year Built
47
Days on Site
951811
MLS
$5,972,500
Neighborhood: Destiny Shores S/D
7
Beds
7F11/2
Baths
5,850
Sq.Ft.
1999
Year Built
245
Days on Site
937132
MLS
$5,950,000
Neighborhood: Destiny S/D
11
Beds
10F21/2
Baths
7,041
Sq.Ft.
1997
Year Built
144
Days on Site
943556
MLS
$5,500,000
Neighborhood: Gulf Pines 2Nd Addn
6
Beds
6F11/2
Baths
5,900
Sq.Ft.
2020
Year Built
280
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
280
Days on Site
933815
MLS
$5,500,000
Neighborhood: Holiday Isle
6
Beds
5
Baths
4,649
Sq.Ft.
1971
Year Built
91
Days on Site
948211
MLS
$5,495,000
Neighborhood: Burnt Pine
5
Beds
7
Baths
7,038
Sq.Ft.
2024
Year Built
75
Days on Site
949607
MLS
$5,450,000
Neighborhood: Destiny East Ph 1
8
Beds
8F11/2
Baths
5,851
Sq.Ft.
2019
Year Built
82
Days on Site
948996
MLS
$5,250,000
Neighborhood: Caribe
4
Beds
6F11/2
Baths
5,645
Sq.Ft.
1996
Year Built
104
Days on Site
947056
MLS
$5,200,000
Neighborhood: Villa Burago
5
Beds
5
Baths
4,112
Sq.Ft.
2018
Year Built
75
Days on Site
949579
MLS
$4,999,900
Neighborhood: The Retreat At Old Pass
8
Beds
7F11/2
Baths
4,862
Sq.Ft.
2024
Year Built
107
Days on Site
946793
MLS
$4,995,000
Neighborhood: Metes & Bounds
6
Beds
5F21/2
Baths
5,010
Sq.Ft.
2020
Year Built
136
Days on Site
944354
MLS
$4,995,000
Neighborhood: Regatta Bay
6
Beds
5F11/2
Baths
6,153
Sq.Ft.
1998
Year Built
12
Days on Site
954524
MLS
$4,990,000
Neighborhood: East Crystal Beach
8
Beds
9F11/2
Baths
5,753
Sq.Ft.
2018
Year Built
233
Days on Site
937771
MLS
$4,950,000
Neighborhood: Destiny S/D
5
Beds
5F11/2
Baths
5,560
Sq.Ft.
2013
Year Built
86
Days on Site
948561
MLS
302 Properties
Page 1 of 16
$425,000
Neighborhood: Fairways
3
Beds
2
Baths
2,014
Sq.Ft.
1994
Year Built
1
Day on Site
955293
MLS
$135,000
Neighborhood: Holley By The Sea, 1St Add
23,087
Sq.Ft. Lot
1
Day on Site
955332
MLS
$352,500
Neighborhood: Duncan Ridge
3
Beds
2
Baths
1,475
Sq.Ft.
2014
Year Built
1
Day on Site
955337
MLS
$534,900
Neighborhood: Nonesuch Way
5
Beds
3
Baths
2,236
Sq.Ft.
2024
Year Built
1
Day on Site
955371
MLS
$390,000
Neighborhood: Barbarosa Territory
4
Beds
2
Baths
1,844
Sq.Ft.
2020
Year Built
1
Day on Site
955392
MLS
$795,000
Neighborhood: Navarre Beach Residential
8,712
Sq.Ft. Lot
2
Days on Site
940646
MLS
$430,000
Neighborhood: Waterstone
4
Beds
3
Baths
2,435
Sq.Ft.
2006
Year Built
2
Days on Site
955264
MLS
Open 7/27
5526 Peace St Gulf Breeze,  FL 32563
$625,000
Neighborhood: No Recorded Project
4
Beds
3
Baths
2,328
Sq.Ft.
1983
Year Built
2
Days on Site
950789
MLS
$310,000
Neighborhood: Reserve Pointe
3
Beds
2F11/2
Baths
1,544
Sq.Ft.
2014
Year Built
3
Days on Site
955181
MLS
$512,000
Neighborhood: Forest Bay Estates
4
Beds
3
Baths
2,304
Sq.Ft.
2021
Year Built
3
Days on Site
955210
MLS
$495,000
Neighborhood: Holley By The Sea
3
Beds
2
Baths
2,138
Sq.Ft.
1994
Year Built
4
Days on Site
955173
MLS
$319,000
Neighborhood: Sound Haven
3
Beds
2F11/2
Baths
1,614
Sq.Ft.
2011
Year Built
5
Days on Site
954931
MLS
$420,000
Neighborhood: Creeks Edge Phase II
4
Beds
2
Baths
1,965
Sq.Ft.
2009
Year Built
5
Days on Site
955052
MLS
$249,900
Neighborhood: Autumn Trace
3
Beds
2
Baths
1,014
Sq.Ft.
1996
Year Built
5
Days on Site
955068
MLS
$429,900
Neighborhood: Safe Harbour Village Condo
3
Beds
3
Baths
1,359
Sq.Ft.
1983
Year Built
5
Days on Site
955125
MLS
$1,000,000
Neighborhood: Crescent Shores
655,578
Sq.Ft. Lot
7
Days on Site
954812
MLS
Open 7/24
2051 Catline Circle Navarre,  FL 32566
$380,000
Neighborhood: Promise Creek
3
Beds
2
Baths
1,908
Sq.Ft.
2007
Year Built
7
Days on Site
954895
MLS
$569,900
Neighborhood: Bahia Badar
2
Beds
2
Baths
940
Sq.Ft.
2015
Year Built
7
Days on Site
954901
MLS
$915,000
Neighborhood: Bal Alex Estates
5
Beds
6
Baths
3,325
Sq.Ft.
1974
Year Built
8
Days on Site
954664
MLS
$299,900
Neighborhood: Hadleigh Hills Townhomes
3
Beds
2F11/2
Baths
1,664
Sq.Ft.
2007
Year Built
8
Days on Site
954712
MLS

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