$416,972*
●
Condo -
Off Market
197 Durango Road #2D
Destin, FL 32541
2 Beds
1 Bath
900 Ft²
$256,000 - $312,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
EASY COASTAL LIVING in this beautifully renovated condo (2011)
located in the exclusive Sun King Towers Yacht Club. The
clubhouse is overlooking the Destin Harbor where you will enjoy
front row seats to the fireworks and air shows. Or take the
water taxi to one of many restaurants right across the harbor.
The Clubhouse has a full kitchen, work out room, sunset deck,
fire pit, grills and a large pool to keep cool. Keep your boat in
the on-site private marina. Boat slips are assigned by the
dock master. This completely renovated unit is stunning with
9' tall raised ceilings, crown molding, new mini-bar, beautiful
wood floors, granite counter tops and upgraded fixtures.
Schedule a showing today before it's gone. This unit
will not disappoint.
The manager has listed the unit size as 900 square feet.
The manager has listed the unit size as 900 square feet.
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$316
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 30, 2019 | No longer available | - | |
| No longer available | |||
| Sep 19, 2019 | Listed | $281,300 | |
| Listed | |||
| | |||
|
What a view! Harbor lights and harbor nights. This beautiful condo is located at the end of Holiday Isle in a gated community complete with *2 boat docks, club house, and a pool. The condo has been completely updated to include fresh paint, crown molding, granite counter tops, HVAC (2011), 9' ceilings, and you will love the custom built wet bar. The balcony is 8x20; Plenty of space to enjoy dinner harbor side! The HOA has recently updated the building paint, resurfaced parking lot, hurricane impact windows/doors, new railings and roof. *Boat slips are available on a 1st come, 1st serve bases through the dock master. Unit also includes a large storage room, perfect for storing all your beach gear. The club house is next to the pool-harbor side and is a great spot for your next gathering The manager has listed the unit size as 900 square feet.
| |||
| Sep 11, 2019 | No longer available | - | |
| No longer available | |||
| Aug 18, 2019 | Listed | $284,500 | |
| Listed | |||
Property Highlights
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$625,000
2 Bed
2 Bath
1400 ft²
|
$615,000
-1.60%
03/11/2025
|
Crystal Newborn
The Ketchersid Group LLC
| |
|
12/14/2023
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
$365,000
-8.52%
04/17/2024
|
Rachael A Earley
Somers & Company
| |
|
09/04/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$495,000
2 Bed
1 Bath
900 ft²
|
-
-
|
John Paul Somers
Somers & Company
| |
|
03/19/2022
|
2 Bed
|
2 Bath
|
1356 ft²
|
$695,000
2 Bed
2 Bath
1356 ft²
|
-
-
|
Jake Maurer
EXP Realty LLC
| |
|
12/11/2020
|
2 Bed
|
2 Bath
|
1405 ft²
|
$399,000
2 Bed
2 Bath
1405 ft²
|
$390,000
-2.26%
05/03/2021
|
Corraine D Stichnoth
| |
|
08/18/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$284,500
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
08/25/2019
|
2 Bed
|
2 Bath
|
1035 ft²
|
$379,900
2 Bed
2 Bath
1035 ft²
|
-
-
|
-
| |
|
05/06/2015
|
2 Bed
|
2 Bath
|
1400 ft²
|
$398,000
2 Bed
2 Bath
1400 ft²
|
$380,000
-4.52%
07/24/2015
|
Hal Crane
Ocean Reef Realty Inc
| |
|
02/21/2015
|
3 Bed
|
2 Bath
|
1535 ft²
|
$299,000
3 Bed
2 Bath
1535 ft²
|
$275,000
-8.03%
06/08/2015
|
Hal Crane
Ocean Reef Realty Inc
| |
|
02/17/2015
|
2 Bed
|
2 Bath
|
1035 ft²
|
$319,000
2 Bed
2 Bath
1035 ft²
|
$300,000
-5.96%
08/10/2016
|
Howard Dolgoff
Emerald Coast Properties Inc
| |
|
07/10/2013
|
2 Bed
|
2 Bath
|
1035 ft²
|
$209,900
2 Bed
2 Bath
1035 ft²
|
$210,000
+0.05%
09/16/2013
|
The Kelly Group Team
Keller Williams Realty Destin
| |
|
06/17/2013
|
2 Bed
|
1 Bath
|
962 ft²
|
$215,000
2 Bed
1 Bath
962 ft²
|
$189,000
-12.09%
10/17/2013
|
Jim Skinner
Coldwell Banker Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017