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Destin 32541 Villages of Crystal Beach
211 Tahitian Way
$1,100,000
● House - Off Market

211 Tahitian Way

Destin, FL 32541
bedrooms
5 Beds
bathrooms
4 Baths
$8,081
Est. Monthly
$1,665
HOA / Fees
-0.30%
Cap Rate

About This Property

Seller Financing Available! This spacious, custom-built beach home is a rental powerhouse, comfortably sleeping up to 14 guests. Located in the gated Villages of Crystal Beach, just minutes from the sugar-white sands, this property offers modern comfort and timeless coastal charm. Enjoy sunrises and sunsets from two private balconies, cook like a pro in the chef-style kitchen with granite countertops and ample prep space, and relax across two master suites plus two fun-filled bunk rooms perfect for the kids. The community features one of the area's most iconic lagoon-style pools, complete with hot tub and seasonal shuttle service to the beach. Short-term rentals allowed-ideal for investors or second-home seekers. Don't miss this opportunity with creative financing optionscall your agent
Unit Size
-
Days on Market
64 days
Land Size
0.03 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,014
HOA Dues
$1,665
Year Built
2013

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Cap Rate Calculator

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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.

Last updated: 2 years ago (ECAR #978655)

Price History

Date / Event Date Event Price
Aug 15, 2025 Sold
Premium
Sold
Jul 9, 2025 In contract -
In contract
Jun 11, 2025 Listed by Coldwell Banker Realty $1,100,000
Listed by Coldwell Banker Realty
Apr 28, 2021 Sold
Premium
Sold
Nov 4, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,170
  • Total Building Area: 3,310
  • Gross Building Area: 3,310
  • Building Area: 2,926
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,926
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGES OF CRYSTAL BEACH
  • Land Acres: 0000000027
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VILLAGES OF CRYSTAL BEACH LOT 20

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Parcel: 00-2S-22-1125-0000-0200
  • Lot: 20
  • Municipality: DESTIN
  • Latitude: 30.3867
  • Longitude: -86.4205

    Address

  • Full Address: 211 Tahitian Way
  • Address - House Number: 211
  • Address - Street Name: Tahitian
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Destin
  • Carrier Code: C020
  • 4-Digit Zip Code: 3523
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,041
  • Tax Year: 2023
  • Tax Amount: $1,148,378
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 1,238,292
  • High Value: 1,476,118
  • Low Value: 1,000,466

    Market Valuation

  • Market Total Value: $1,012,902
  • Market Land Value: $280,000
  • Market Improvement Value: $732,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,012,902
  • Assessed Land Value: $280,000
  • Assessed Improvements Value: $732,902

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3450751
  • Previous Sale Recording Date: Nov 04, 2013
  • Previous Sale Contract Date: Oct 31, 2013
  • Previous Sale Amount: $502,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Villages of Crystal Beach

Stats & Trends

Median Asking:

$859,000

Sale Price/ft²

$413

Below Asking

0.05%

Average Days on Market

161

Average Home Size

2611 ft²

Average Home Age

19.2 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Michael Tomlin, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 978655
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.

Frequently Asked Questions

When was property at 211 Tahitian Way built and last sold?
The property at 211 Tahitian Way was built in 2013 and last sold on Apr 23, 2021 for $825,000.
How much is this home worth?
The estimated value of the home located at 211 Tahitian Way is $1,111,000.
What are some comparable homes to 211 Tahitian Way?
There are currently no comparable homes to 211 Tahitian Way.
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