14 Pine Ridge
About This Property
This beautifully renovated townhome is ideally located in the heart of Destin, offering convenience and coastal charm. Enjoy easy access to Main Street Park, Destin Harbor, local restaurants, and the stunning beaches. Just under a mile from Destin Elementary and Joe's Bayou boat launch, this home is perfectly situated for both everyday living and weekend adventures.
The first floor features a spacious living and dining area, updated kitchen, utility room, and a convenient half bath. Upstairs, you'll find two comfortable bedrooms and a full bath. Throughout the home, you'll appreciate the modern upgrades including luxury vinyl plank flooring, renovated bathrooms, updated countertops and cabinetry, and newer windows and doors.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Nov 22, 2025 | Price Decreased |
$309,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Oct 14, 2025 | Price Decreased |
$310,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Oct 4, 2025 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Sep 21, 2025 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017