106 Joseph Avenue
About This Property
Inside, enjoy modern finishes including quartz countertops with butcher block accents, premium vinyl flooring throughout, and tile in all bathrooms. The spacious Primary Suite features 10' ceilings, a large walk-in closet, and a stunning walk-in shower with bench seating. Step out onto the screened-in back patio-perfect for relaxing evenings-accessible from both the living area and Primary Bedroom. Built with energy efficiency in mind, the home includes a radiant barrier, blown-in insulation, and a 240V EV charger in the garage. Conveniently located just minutes from the Mid-Bay Bridge, providing quick access to shopping, dining, and the world-famous white-sand beaches of Destin.
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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 |
|---|---|---|---|
| Sep 23, 2025 | Listed by Five Star Properties RE FL Inc | $484,900 | |
| Listed by Five Star Properties RE FL Inc | |||
| May 11, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by Salty Marlin Realty LLC | $455,000 | |
| Listed by Salty Marlin Realty LLC | |||
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Seller offering up to $10K towards Buyers Closing Costs and or Rate Buydown. New Build in Villa Tasso! 3 bed 2 bath home w/ side entry 2 car garage & metal roof! 1,838 sqft of living space w/ 10' ceilings in main areas to include the Primary Bedroom. Finishing touches include quartz countertops w/ butcher block, premium vinyl floors throughout & tile in all baths. Primary Bath has walk-in shower w/ bench seating. In addition, you'll love the large primary closet. End your evening relaxing in the privacy of your screened in back patio located directly off the great room & primary bedroom. Love saving on energy costs? Home has radiant barrier & blown in insulation & garage has 240 volt charger for your electric car! Mins from the Midbay Bridge which leads to Destin's Emerald Coast Beaches!
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| Feb 22, 2023 | No longer available | - | |
| No longer available | |||
| Dec 20, 2022 | Price Increased |
$475,000
↑ $25K
(5.6%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017