1048 E Highway 98 #1003
About This Property
The manager has listed the unit size as 1790 square feet.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed | $1,499,000 | |
| Listed | |||
| | |||
|
You feel nothing but calm and serenity when you enter this unit with views of the Gulf of Mexico from this 10th floor expansive balcony. Inside, floor to ceiling windows provide an expansive view of the water of Destin's Emerald Coast and sandy white beach. This unit provides amazing sunsets for relaxing with a glass of wine or cup of coffee at the end of your beach day. Good rental history with this one. Plus, you will be deeded your own parking space in the covered garage as an added bonus. Gourmet kitchen with granite countertops and wood cabinetry. Pools are beach side with BBQ area. Walk to numerous restaurants, shops, etc from your unit, and conveniently located close to the Destin's private and public airports. Being sold turnkey and rental ready
| |||
| Jun 20, 2024 | No longer available | - | |
| No longer available | |||
| Apr 22, 2024 | Price Decreased |
$1,575,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/20/2026
|
5 Bed
|
5 Bath
|
3600 ft²
|
$3,290,000
5 Bed
5 Bath
3600 ft²
|
$2,625,000
-20.21%
07/07/2026
|
The Steely Group
Bastion Realty LLC
| |
|
10/02/2025
|
2 Bed
|
2 Bath
|
-
|
$1,099,000
2 Bed
2 Bath
|
$999,000
-9.10%
12/10/2025
|
Karon D Higginbotham
Compass
| |
|
08/06/2024
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,499,000
3 Bed
3 Bath
1790 ft²
|
$1,300,000
-13.28%
01/08/2025
|
Kimberly H Rose
Berkshire Hathaway HomeServices
| |
|
12/20/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,625,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
Brent C Winjum
Aquatic Resort Properties Inc
| |
|
08/30/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,730,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
Deborah M Hale
Vacasa Real Estate - Tops'l
| |
|
05/28/2023
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,799,900
3 Bed
3 Bath
1790 ft²
|
-
-
|
Kimberly H Rose
Berkshire Hathaway HomeServices
| |
|
03/08/2023
| |
2 Bed
|
2 Bath
|
1672 ft²
|
$1,350,000
2 Bed
2 Bath
1672 ft²
|
-
-
|
Cole Group
Engel & Volkers 30A Beaches
|
|
01/02/2023
|
2 Bed
|
2 Bath
|
1362 ft²
|
$1,395,000
2 Bed
2 Bath
1362 ft²
|
-
-
|
Amy E Portz
Fathom Realty FL LLC
| |
|
03/26/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,749,900
3 Bed
3 Bath
1790 ft²
|
-
-
|
Susan M Kadi
Corcoran Reverie SRB
| |
|
06/21/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,690,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
Deborah M Hale
Vacasa Real Estate - Tops'l
| |
|
05/04/2022
|
2 Bed
|
2 Bath
|
1362 ft²
|
$1,799,000
2 Bed
2 Bath
1362 ft²
|
-
-
|
Janette A Klein
Vacasa Real Estate - Miramar Beach
| |
|
04/18/2022
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,749,900
3 Bed
3 Bath
1790 ft²
|
-
-
|
Lacey N Price
Destin Real Estate
| |
|
03/08/2022
|
2 Bed
|
2 Bath
|
1672 ft²
|
$1,999,000
2 Bed
2 Bath
1672 ft²
|
-
-
|
Jake Cole
850 Properties - Santa Rosa Beach
| |
|
02/07/2021
|
2 Bed
|
2 Bath
|
1362 ft²
|
$875,000
2 Bed
2 Bath
1362 ft²
|
-
-
|
-
| |
|
01/17/2021
|
3 Bed
|
3 Bath
|
1790 ft²
|
$1,199,500
3 Bed
3 Bath
1790 ft²
|
-
-
|
-
| |
|
07/13/2020
|
3 Bed
|
3 Bath
|
1790 ft²
|
$999,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
-
| |
|
06/17/2020
|
4 Bed
|
3 Bath
|
2080 ft²
|
$1,100,000
4 Bed
3 Bath
2080 ft²
|
-
-
|
-
| |
|
05/07/2020
|
4 Bed
|
3 Bath
|
2080 ft²
|
$965,000
4 Bed
3 Bath
2080 ft²
|
-
-
|
-
| |
|
04/07/2020
|
3 Bed
|
3 Bath
|
1790 ft²
|
$850,000
3 Bed
3 Bath
1790 ft²
|
-
-
|
-
| |
|
09/04/2019
|
3 Bed
|
3 Bath
|
1943 ft²
|
$989,000
3 Bed
3 Bath
1943 ft²
|
-
-
|
-
| |
|
06/27/2019
|
2 Bed
|
2 Bath
|
1362 ft²
|
$729,000
2 Bed
2 Bath
1362 ft²
|
-
-
|
-
| |
|
03/24/2019
|
2 Bed
|
2 Bath
|
1362 ft²
|
$749,900
2 Bed
2 Bath
1362 ft²
|
-
-
|
-
| |
|
02/17/2019
|
3 Bed
|
3 Bath
|
1914 ft²
|
$795,600
3 Bed
3 Bath
1914 ft²
|
-
-
|
-
| |
|
02/13/2019
|
4 Bed
|
3 Bath
|
2080 ft²
|
$1,100,000
4 Bed
3 Bath
2080 ft²
|
-
-
|
-
| |
|
02/06/2019
|
2 Bed
|
2 Bath
|
1362 ft²
|
$699,900
2 Bed
2 Bath
1362 ft²
|
-
-
|
-
| |
|
11/11/2018
|
2 Bed
|
2 Bath
|
1672 ft²
|
$689,900
2 Bed
2 Bath
1672 ft²
|
-
-
|
-
| |
|
06/07/2018
|
4 Bed
|
3 Bath
|
2080 ft²
|
-
4 Bed
3 Bath
2080 ft²
|
-
-
|
-
| |
|
06/07/2018
|
2 Bed
|
2 Bath
|
1362 ft²
|
-
2 Bed
2 Bath
1362 ft²
|
-
-
|
-
| |
|
06/07/2018
| |
4 Bed
|
3 Bath
|
2080 ft²
|
-
4 Bed
3 Bath
2080 ft²
|
-
-
|
-
|
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1672 ft²
|
-
2 Bed
2 Bath
1672 ft²
|
-
-
|
-
|
|
04/03/2015
|
3 Bed
|
3 Bath
|
1790 ft²
|
$735,000
3 Bed
3 Bath
1790 ft²
|
$719,000
-2.18%
06/01/2015
|
Brent Winjum
Aquatic Resort Properties Inc
| |
|
10/01/2013
|
3 Bed
|
3 Bath
|
1790 ft²
|
$749,900
3 Bed
3 Bath
1790 ft²
|
$741,000
-1.19%
12/03/2013
|
Brent Winjum
Aquatic Resort Properties Inc
| |
|
09/28/2013
|
3 Bed
|
3 Bath
|
1914 ft²
|
$835,000
3 Bed
3 Bath
1914 ft²
|
$800,000
-4.19%
10/18/2013
|
John Cook
Coldwell Banker Realty
| |
|
03/21/2013
|
2 Bed
|
2 Bath
|
1362 ft²
|
$514,900
2 Bed
2 Bath
1362 ft²
|
$526,150
+2.18%
04/10/2013
|
Heather Dupree
East Pass Realty Inc
| |
|
02/25/2013
|
3 Bed
|
3 Bath
|
1790 ft²
|
$745,000
3 Bed
3 Bath
1790 ft²
|
$725,000
-2.68%
04/12/2013
|
Brent Winjum
Aquatic Resort Properties Inc
| |
|
08/09/2012
|
3 Bed
|
3 Bath
|
1914 ft²
|
$799,900
3 Bed
3 Bath
1914 ft²
|
$740,000
-7.49%
11/15/2012
|
Vicki Matthews
Coldwell Banker Realty
| |
|
05/28/2012
|
4 Bed
|
3 Bath
|
2080 ft²
|
$815,000
4 Bed
3 Bath
2080 ft²
|
$790,000
-3.07%
03/18/2013
|
Brent Winjum
Aquatic Resort Properties Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017