Karen Martineau Real Estate Agent - RE/MAX Coastal Properties

55 Shelley's Way, Miramar Beach, FL For Sale $449,000 - listed by Karen Martineau — For Sale $449,000

Karen Martineau listing agent for 42 Indian Bayou Dr, Destin, FL - sold for $553,661 — Sold $553,661

17351 Front Beach Rd Unit W603, Panama City Beach, FL Pending $549,200 - listed by Karen Martineau — Pending $549,200

Karen Martineau buyer's agent for 63 Oak Ln, Shalimar, FL - sold for $225,000 — Sold $225,000

662 Harbor Blvd Unit 540, Destin, FL For Sale $1,375,000 - listed by Karen Martineau — For Sale $1,375,000

Karen Martineau

Destin FL

RE/MAX Coastal Properties

142 Closed Sales

$92.9M Total Value

$149K - $3M Price Range

$654.1K Average Price

Prior 5 years

About Karen

Karen is a core value driven individual who works hard for her clients, helps them achieve their goals & gets results. Her accreditations plus advanced training in Luxury & 2nd homes, investment properties, International real estate & distressed properties, knowledge of the marketplace & ability to create value & think outside of the box set her aside from others. She works primarily through personal referrals and treats your clients as she treats her own!

Home Types: House, Townhouse, Condo, Multifamily, Lot/Land, Other, Commercial

Languages Spoken: English, French

Years of Experience: 18

Education: University of Minnesota Twin Cities

Transaction History

1 Year
2 Year
5 Year

Seller Deals
Total Deals	19
Total Value	$11,260,262
Average Sale Price	$592,645
Price Range	$220K - $2.1M

Buyer Deals
Total Deals	4
Total Value	$1,652,500
Average Sale Price	$413,125
Price Range	$225K - $663K

1 Year View by Quarter

Seller Deals
Total Deals	34
Total Value	$18,848,762
Average Sale Price	$554,375
Price Range	$202K - $2.1M

Buyer Deals
Total Deals	8
Total Value	$4,604,500
Average Sale Price	$575,563
Price Range	$225K - $1.8M

2 Year View by Quarter

Seller Deals
Total Deals	119
Total Value	$77,173,763
Average Sale Price	$648,519
Price Range	$45K - $3M

Buyer Deals
Total Deals	23
Total Value	$15,709,400
Average Sale Price	$683,017
Price Range	$25K - $2.8M

5 Year View

Neighborhoods Karen is Experienced In

Bluewater Bay

12 Sales
Okaloosa Island

10 Sales
Wright

8 Sales
Dune Allen Beach

2 Sales
Poquito Bayou

2 Sales

Karen's Listings and Deals

Karen's Recent Active Listings

$449,000
- Land
- 0.26 Acre
- $1,726,923 per Acre
55 Shelley's Way

Miramar Beach, FL
Coastal Luxury Meets Prime Location. Welcome to your slice of paradise in the exclusive gated community of The Villas of Frangista Beach. This extra-large .26-acre buildable lot is perfectly positioned on a quiet, low-traffic cul-de-sac, offering privacy & tranquility just a short walk from the sugar-white sand & turquoise waters of the Gulf. Whether you're envisioning a primary home, beach

Karen Martineau RE/MAX Coastal Properties

$1,375,000
- 4 Beds
- 4 Baths
- 2,525 Sq Ft
662 Harbor Blvd

Unit 540

Destin, FL
Some waterfront homes offer beautiful views. Few offer a lifestyle that begins the moment you step outside your door! Perfectly positioned above the sparkling waters of Destin Harbor, this exceptional four-bedroom waterfront residence in the prestigious, gated Grand Harbor community combines over 2,525 square feet of luxurious living with one of the property's most coveted features--a Private

Karen Martineau RE/MAX Coastal Properties

$399,900
- 4 Beds
- 2 Baths
- 1,719 Sq Ft
313 Gardner Dr NE

Fort Walton Beach, FL
Rare opportunity in Elliott Point! GENERATING $48,000 NET RENTAL INCOME IN 2025, this fully furnished Home is perfectly positioned near the bay, boat launch, dining & downtown FWB offering an exceptional opportunity as an Investment property, 2nd HOME WHICH OFFSETS COSTS/ PAYS FOR ITSELF, or Primary Home. Inside, you'll find a spacious open floor plan w/large living area, separate dining rm &

Karen Martineau RE/MAX Coastal Properties

$389,400
- 2 Beds
- 2 Baths
- 2,052 Sq Ft
891 Choctawhatchee River Rd

Ponce de Leon, FL
PRICED 35K BELOW 9/2025 APPRAISED VALUE! AFFORDABLE WATERFRONT w/SEPARATE APARTMENT, Just 35 miles to BWB & 30 miles to 30A! NEW ROOF, HVAC, HWH, WELL & PUMP, & SEPTIC LIFT STATION provide affordable insurance & peace of mind. Seller's job transfer fell thru so Seller needs to sell. Tired of traffic & tourist traps? Dreaming of a peaceful retreat without giving up the beach & civilization? Ideal

Karen Martineau RE/MAX Coastal Properties

$30,200
- Land
- 0.32 Acre
- $94,375 per Acre
Lot 19 Smith Rd

Defuniak Springs, FL
Large .33 acre, affordable lot with quick access to major freeways. With NO HOA, this lot is ideal for a primary home, mobile home or 2nd home. Enjoy the quaint shops & restaurants of historic Defuniak Springs just minutes way.

Karen Martineau RE/MAX Coastal Properties

$32,300
- Land
- 0.33 Acre
- $97,879 per Acre
Lot 7 E Picasso Cir

Defuniak Springs, FL
Large .33 care, affordable lot ready for your primary or 2nd home with NO HOA and NO build out time. Located just minutes to Hwy 331 and 10 min from historic Defuniak Springs, schools, shopping & restaurants are nearby.

Karen Martineau RE/MAX Coastal Properties

$429,600
- Land
- 0.67 Acre
- $641,194 per Acre
Lot 8 Pisces Dr

Santa Rosa Beach, FL
Build your life around the water--where every day feels like a getaway & every sunset is yours to keep. This rare .67-acre canal-front homesite offers direct access to Choctawhatchee Bay, inviting you to fully embrace the waterfront lifestyle. Design your dream home w/room for a dock & boat, and set out at a moment's notice--whether it's a sunset cruise to The Bay for dinner, a fun-filled

Karen Martineau RE/MAX Coastal Properties

$1,099,800
- 2 Beds
- 2 Baths
- 1,090 Sq Ft
4722 Westwinds Dr

Unit 4722

Miramar Beach, FL
GENERATING 30% MORE INCOME THAN OTHER UNITS WITH $81,508 ACTUAL 2024 RENTAL INCOME, ENJOY IMMEDIATE CASH FLOW! Smart money chases the highest return, NOT the highest view. Own a property that works for you from day one. Ideally located on the 3rd Floor, enjoy the convenience of skipping elevators & stepping right into your beach getaway. Its beautiful, professionally decorated interior is

Karen Martineau RE/MAX Coastal Properties

$649,000
- Land
- 0.1 Acre
- $6,490,000 per Acre
Lot H10 Miami St

Miramar Beach, FL
Grab this opportunity in the historic Community of Frangista Beach to build your custom Beach House, 2nd Home or Vacation rental property. Located just 13 lots from the sugar white sand & emerald green waters of the Gulf with DEEDED BEACH ACCESS, with gate & a shower, community pool, several Gulf front restaurants & local coffee shops are a short walk or golf cart ride away. Top-rated golf

Karen Martineau RE/MAX Coastal Properties

Recently Sold

$553,661

Sold Jul 23, 2026
- 3 Beds
- 3 Baths
- 2,312 Sq Ft
42 Indian Bayou Dr

Destin, FL
- 15% Below List
- 6 Days On Market
- $239/SF
- Current Est. Value $810K
Karen Martineau RE/MAX Coastal Properties

$935,000

Sold May 22, 2026
- 2 Beds
- 2 Baths
- 1,432 Sq Ft
22519 Front Beach Rd

Unit 144

Panama City Beach, FL
- 34 Days On Market
- $653/SF
- Current Est. Value $951K
Karen Martineau RE/MAX Coastal Properties

$1,459,000

Sold May 14, 2026
- 4 Beds
- 3 Baths
- 2,460 Sq Ft
1577 Scenic Gulf Dr

Unit 5

Miramar Beach, FL
- 337 Days On Market
- $593/SF
Karen Martineau RE/MAX Coastal Properties

$563,500

Sold May 8, 2026
- 4 Beds
- 2.5 Baths
- 2,451 Sq Ft
1765 Bridgeport Colony Ln

Fort Walton Beach, FL
- 56 Days On Market
- $230/SF
- Current Est. Value $562K
Karen Martineau RE/MAX Coastal Properties

$235,000

Sold May 5, 2026
- 2 Beds
- 1 Bath
- 1,162 Sq Ft
9276 Ridge Dr

Navarre, FL
- 18 Days On Market
- $202/SF
- Current Est. Value $242K
Karen Martineau RE/MAX Coastal Properties

$559,300

Sold Apr 28, 2026
- 4 Beds
- 3 Baths
- 2,392 Sq Ft
511 Trenton St

Fort Walton Beach, FL
- 4 Days On Market
- $234/SF
- Current Est. Value $554K
Karen Martineau RE/MAX Coastal Properties

$371,400

Sold Mar 27, 2026
- 3 Beds
- 2 Baths
- 1,492 Sq Ft
835 Whitrock Ln

Fort Walton Beach, FL
- 3 Days On Market
- $249/SF
- Current Est. Value $370K
Karen Martineau RE/MAX Coastal Properties

$255,000

Sold Feb 25, 2026
- 2 Beds
- 1.5 Baths
- 1,200 Sq Ft
38 Baywood Ct NW

Fort Walton Beach, FL
- 149 Days On Market
- $212/SF
- Current Est. Value $251K
Karen Martineau RE/MAX Coastal Properties

$280,000

Sold Dec 30, 2025
- 2 Beds
- 2 Baths
- 1,375 Sq Ft
1150 Airport Rd

Unit 113

Destin, FL
- 58 Days On Market
- $204/SF
- Current Est. Value $282K
Karen Martineau RE/MAX Coastal Properties

Awards and Designations

RE/MAX 100% Club
RE/MAX Chairman's Club
RE/MAX Executive Club
RE/MAX Hall of Fame Member
RE/MAX President's Club
RE/MAX Triton Recipient
NAR - National Association of Realtors
GRI - Graduate REALTOR Institute
IRES - International Real Estate Specialist

Other Experience

Investments, Military Families, Short Sales, Luxury Homes, New Construction

Agent License: Florida SL3096846

Karen Martineau

(850) 374-6820

Homes for Sale by City

Karen Martineau

About Karen

Transaction History

Seller Deals

Buyer Deals

Production Over Time

1 Year View by Quarter

Seller Deals

Buyer Deals

Production Over Time

2 Year View by Quarter

Seller Deals

Buyer Deals

Production Over Time

5 Year View

Neighborhoods Karen is Experienced In

Karen's Listings and Deals

Karen's Recent Active Listings

Recently Sold

Awards and Designations

Other Experience