$380,000
●
Condo -
Off Market
197 Durango Road #5D
Destin, FL 32541
2 Beds
2 Baths
1,400 Ft²
$706,795
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
Here is your opportunity to obtain a deluxe harbor front condo that
has been remodeled from stem to stern with an open checkbook.
Fabulous views overlooking the Destin Harbor from the main balcony
and views of the Pass from the West balcony. Sun King is a small
complex of only 44 units in two buildings with a large marina,
clubhouse, and ample parking. The entire facility underwent a
complete upgrade in 06/07 with new roofs, railings, windows/doors,
mezzanines, lobbies, landscaping, and all new stucco. Boat slips
are assigned by the Dockmaster after closing on a first come basis
and determined by length and beam. Just 5 minutes to Crab Island
and the Destin Pass, and just a short walk up the street to the
beach,
this is Destin's lifestyle at it's finest. Buyers & Agents should confirm all information to their satisfaction. Call and schedule your viewing today.
this is Destin's lifestyle at it's finest. Buyers & Agents should confirm all information to their satisfaction. Call and schedule your viewing today.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$284
Property Type
Condo
Property Taxes
-
HOA Dues
$475
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.
Last updated: 2 years ago (ECAR MLS #729176)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2015 | Sold | ||
| Sold | |||
| May 6, 2015 | Listed by Ocean Reef Realty Inc | $398,000 | |
| Listed by Ocean Reef Realty Inc | |||
Property Highlights
Parking Available
Garage
Elevator
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Floor Marble, Furnished - All, Lighting Recessed, Renovated, Window Treatment All
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Rooms: 7
Exterior Details
Property Condition: Construction Complete
Year Built: 1984
Construction Materials: Concrete, Roof Built-Up, Stucco
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Heat Pump Air To Air
Utilities: Phone, Public Sewer, Public Water, TV Cable
Location Details
Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Licenses/Permits, Management, Sewer, Water, Cable TV, Trash
Association Fee Frequency: Monthly
Association Fee2: $475
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
About Destin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hal Crane, Ocean Reef Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 729176
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 729176
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017