1080 E Highway 98 #303
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 8, 2015 | Sold | ||
| Sold | |||
| Mar 20, 2015 | Listed by Destin Realty Inc | $345,000 | |
| Listed by Destin Realty Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/23/2026
|
2 Bed
|
2 Bath
|
-
|
$699,000
2 Bed
2 Bath
|
$652,500
-6.65%
04/03/2026
|
Marie H Babin
REMAX By The Sea
| |
|
06/12/2025
|
2 Bed
|
2 Bath
|
-
|
$637,500
2 Bed
2 Bath
|
$612,500
-3.92%
11/14/2025
|
Shelly Raines
Realty ONE Group Emerald Coast
| |
|
05/13/2025
|
2 Bed
|
2 Bath
|
-
|
$645,000
2 Bed
2 Bath
|
$600,000
-6.98%
07/03/2025
|
Sherrie Salas
Keller Williams - Destin
| |
|
01/23/2025
|
2 Bed
|
2 Bath
|
-
|
$860,000
2 Bed
2 Bath
|
$815,000
-5.23%
11/12/2025
|
Hillary Driscoll Olds
Lokation
| |
|
05/11/2024
|
2 Bed
|
2 Bath
|
861 ft²
|
$647,500
2 Bed
2 Bath
861 ft²
|
-
-
|
Shelly L Raines
Realty ONE Group Emerald Coast
| |
|
11/19/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$929,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Clayton F Bonjean
Mainsail Realty Company
| |
|
04/18/2024
|
2 Bed
|
2 Bath
|
861 ft²
|
$692,500
2 Bed
2 Bath
861 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
04/15/2024
|
2 Bed
|
2 Bath
|
861 ft²
|
$662,500
2 Bed
2 Bath
861 ft²
|
$600,000
-9.43%
07/31/2024
|
Marie H Babin
REMAX By The Sea
| |
|
04/02/2024
|
2 Bed
|
2 Bath
|
861 ft²
|
$675,000
2 Bed
2 Bath
861 ft²
|
-
-
|
Rachel S Kolosky
Keller Williams Realty SRB
| |
|
03/19/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$879,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Lana Daniel
World Impact Real Estate
| |
|
01/13/2024
|
2 Bed
|
2 Bath
|
861 ft²
|
$750,000
2 Bed
2 Bath
861 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
09/23/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$925,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Erin P Martin
The Premier Property Group
| |
|
05/20/2023
|
2 Bed
|
2 Bath
|
-
|
$774,900
2 Bed
2 Bath
|
$725,000
-6.44%
07/10/2023
|
Sherry Currow
Berkshire Hathaway HomeServices
| |
|
01/13/2023
|
3 Bed
|
3 Bath
|
1907 ft²
|
$1,249,942
3 Bed
3 Bath
1907 ft²
|
-
-
|
The DestinDeano Team
Keller Williams Realty Destin
| |
|
12/09/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$915,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
12/09/2022
|
2 Bed
|
2 Bath
|
861 ft²
|
$765,000
2 Bed
2 Bath
861 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
861 ft²
|
$774,999
2 Bed
2 Bath
861 ft²
|
-
-
|
Kimberly H Rose
Berkshire Hathaway HomeServices
| |
|
07/17/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$925,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
| |
|
01/15/2022
|
3 Bed
|
3 Bath
|
1907 ft²
|
$1,299,000
3 Bed
3 Bath
1907 ft²
|
-
-
|
Brad Hilderbrand
Beach Group Properties LLC
| |
|
10/02/2021
|
2 Bed
|
2 Bath
|
861 ft²
|
$570,000
2 Bed
2 Bath
861 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
09/18/2021
|
2 Bed
|
2 Bath
|
861 ft²
|
$540,000
2 Bed
2 Bath
861 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
11/08/2020
|
2 Bed
|
2 Bath
|
861 ft²
|
$449,000
2 Bed
2 Bath
861 ft²
|
-
-
|
-
| |
|
10/18/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$599,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
07/17/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$549,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
07/14/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$599,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
03/08/2020
|
3 Bed
|
3 Bath
|
1907 ft²
|
$744,900
3 Bed
3 Bath
1907 ft²
|
-
-
|
-
| |
|
02/09/2019
|
2 Bed
|
2 Bath
|
861 ft²
|
$450,000
2 Bed
2 Bath
861 ft²
|
-
-
|
-
| |
|
12/03/2018
|
3 Bed
|
3 Bath
|
1907 ft²
|
$754,900
3 Bed
3 Bath
1907 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
861 ft²
|
-
2 Bed
2 Bath
861 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
3 Bed
|
3 Bath
|
1907 ft²
|
-
3 Bed
3 Bath
1907 ft²
|
-
-
|
-
|
|
02/27/2017
|
3 Bed
|
3 Bath
|
1907 ft²
|
$724,500
3 Bed
3 Bath
1907 ft²
|
$694,500
-4.14%
06/23/2017
|
Jane Araguel
RE/MAX Coastal Properties
| |
|
10/17/2016
|
2 Bed
|
2 Bath
|
861 ft²
|
$400,000
2 Bed
2 Bath
861 ft²
|
$363,600
-9.10%
12/16/2016
|
At The Beach Team
Keller Williams Realty Destin
| |
|
10/14/2016
|
2 Bed
|
2 Bath
|
861 ft²
|
$425,000
2 Bed
2 Bath
861 ft²
|
$412,000
-3.06%
05/26/2017
|
At The Beach Team
Keller Williams Realty Destin
| |
|
06/03/2016
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,000
2 Bed
2 Bath
1200 ft²
|
$465,000
-6.81%
09/01/2016
|
Tyler Capelotti
Coastal Realty Services
| |
|
05/27/2016
|
2 Bed
|
2 Bath
|
1200 ft²
|
$464,000
2 Bed
2 Bath
1200 ft²
|
$452,000
-2.59%
08/01/2016
|
At The Beach Team
Keller Williams Realty Destin
| |
|
03/20/2015
|
2 Bed
|
2 Bath
|
861 ft²
|
$345,000
2 Bed
2 Bath
861 ft²
|
$310,000
-10.14%
06/08/2015
|
Jeffrey Sanders
Destin Realty Inc
| |
|
03/20/2015
|
2 Bed
|
2 Bath
|
1200 ft²
|
$480,000
2 Bed
2 Bath
1200 ft²
|
$445,000
-7.29%
06/04/2015
|
Jeffrey Sanders
Destin Realty Inc
| |
|
01/02/2015
|
3 Bed
|
3 Bath
|
1902 ft²
|
$695,000
3 Bed
3 Bath
1902 ft²
|
$680,000
-2.16%
02/04/2015
|
Ann D Irons
Altitudes Realty Group
| |
|
04/08/2014
|
2 Bed
|
2 Bath
|
861 ft²
|
$335,000
2 Bed
2 Bath
861 ft²
|
$327,500
-2.24%
05/15/2014
|
Ann D Irons
Altitudes Realty Group
| |
|
06/08/2010
|
3 Bed
|
3 Bath
|
1907 ft²
|
$499,000
3 Bed
3 Bath
1907 ft²
|
$485,000
-2.81%
08/30/2012
|
Shannyn Stevenson
Newman Dailey Resort Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017