195 Durango Road #UNIT3E
About This Property
You'll appreciate the convenience of a stackable laundry space, a custom, walk-in California Closet, and ample storage options with multiple closets and locked owner storage on the first level.
Feel secure with a gated parking lot and a secure building. Sun King Towers is pet friendly and features resort-style amenities, including a pool, private sandy beach, clubhouse with kitchen and exercise room, and a newly renovated 36-slip marina with power, water, a convenient fish cleaning station, and a commercial ice machine for your daily catch.
This well-maintained complex was recently painted, has a new roof, resurfaced parking lot, and upgraded elevators. Nearby, beautiful white sandy beaches await at multiple private beach access points, along with nearby restaurants and a local market. Enjoy miles of walking along the beach and Gulf Shore Drive, away from the hustle and bustle of central Destin and Highway 98. Sun King Towers is a perfect match for boaters, fishing aficionados, or anyone dreaming of a relaxing waterfront lifestyle. Please note: No short-term rentals - the minimum rental period is six months. Boat slips are available on a first-come, first-served basis, with rental only $500 per year, including power and water. The property includes four covered parking spots and four covered golf cart spots, also first-come, first-served.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$325,000
↓ $50K
(13.3%) | |
| Price Decreased | |||
| Sep 25, 2025 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| May 4, 2025 | Price Decreased |
$399,000
↓ $16K
(3.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2025
|
2 Bed
|
1 Bath
|
852 ft²
|
$329,900
2 Bed
1 Bath
852 ft²
|
$285,000
-13.61%
05/21/2026
|
James Fish
Compass Florida LLC
| |
|
01/02/2025
|
2 Bed
|
1 Bath
|
-
|
$449,000
2 Bed
1 Bath
|
$320,000
-28.73%
11/20/2025
|
Paul A Domenech
Keller Williams Realty FWB
| |
|
06/17/2023
|
2 Bed
|
1.5 Bath
|
900 ft²
|
$459,900
2 Bed
1.5 Bath
900 ft²
|
-
-
|
Jacquelyn K Ogle
30A Local Properties Inc
| |
|
04/29/2023
|
2 Bed
|
2 Bath
|
1035 ft²
|
$525,000
2 Bed
2 Bath
1035 ft²
|
-
-
|
Rebecca L Gill
La Florida Coastal Properties
| |
|
12/07/2020
|
2 Bed
|
2 Bath
|
900 ft²
|
$350,000
2 Bed
2 Bath
900 ft²
|
-
-
|
Eric Topel
NextHome Cornerstone Realty
| |
|
03/25/2021
|
2 Bed
|
2 Bath
|
1035 ft²
|
$424,000
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
06/07/2018
|
2 Bed
|
2 Bath
|
900 ft²
|
-
2 Bed
2 Bath
900 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1100 ft²
|
-
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
|
05/20/2014
|
2 Bed
|
1 Bath
|
900 ft²
|
$207,500
2 Bed
1 Bath
900 ft²
|
$175,000
-15.66%
04/24/2015
|
Jo M Stewart
Scenic Sotheby's International Realty
| |
|
12/08/2011
|
2 Bed
|
1 Bath
|
900 ft²
|
$126,400
2 Bed
1 Bath
900 ft²
|
$126,400
12/19/2012
|
Kendall Hood
Legendary Realty LLC
| |
|
12/01/2011
|
3 Bed
|
2 Bath
|
1535 ft²
|
$469,000
3 Bed
2 Bath
1535 ft²
|
$375,000
-20.04%
05/23/2013
|
Peter Burke
ResortQuest Real Estate Topsl
| |
|
09/07/2011
|
2 Bed
|
2 Bath
|
900 ft²
|
$259,000
2 Bed
2 Bath
900 ft²
|
$218,000
-15.83%
03/06/2013
|
Hal Crane
Ocean Reef Realty Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017