159 DURANGO Road #159
About This Property
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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.
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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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by The Ketchersid Group LLC | $859,000 | |
| Listed by The Ketchersid Group LLC | |||
| |||
|
Calling all boaters, beach lovers, and sunset chasers--your coastal escape is here! Perfectly positioned on the renowned Destin Harbor, this beautifully furnished 3-bedroom, 3.5-bath townhome is the ultimate waterfront retreat. Complete with a private garage and a boat slip with a 16,000-lb lift accommodating boats up to 30'. This townhome is fully furnished, turnkey, rental-ready, and waiting for your next adventure or income-producing investment.
Spend your mornings fishing from your dock, then hop on your boat right from your backyard and be cruising through the Destin Pass to the Gulf in less than 10 minutes. Anchor at Crab Island, explore the Intracoastal Waterway, or dock-and-dine at the Harbor's favorite waterfront restaurants and bars. Rather leave the boat and responsibility behind? Catch the water taxi from your own dock and let it take you to the Harbor's hottest destinations.
When it's time for sand between your toes, you'll love having two private deeded beach access points just a short walk or quick golf cart ride away. After a day on the water, relax on your deck and soak in the beautiful canal views while watching the boats cruise by.
One more reason to love it, there are no HOA dues for the townhome, and the annual master association fee is only $445 to Holiday Isle Improvement. Waterfront living doesn't get much better than this! Call to schedule your viewing today of this spectacular waterfront property!
| |||
| Dec 3, 2015 | Sold | ||
| Sold | |||
| Sep 30, 2015 | Listed by Newman Dailey Resort Properties | $362,000 | |
| Listed by Newman Dailey Resort Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2026
|
3 Bed
|
3 Bath
|
1584 ft²
|
$859,000
3 Bed
3 Bath
1584 ft²
|
$845,000
-1.63%
08/05/2026
|
Crystal Newborn
The Ketchersid Group LLC
| |
|
09/30/2015
|
2 Bed
|
3 Bath
|
1384 ft²
|
$362,000
2 Bed
3 Bath
1384 ft²
|
$362,000
12/03/2015
|
Colin Kirkwood
Newman Dailey Resort Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017