$655,000
●
Condo -
Off Market
223 Durango Road #2D
Destin, FL 32541
2 Beds
2 Baths
$4,632
Est. Monthly
$1,145
HOA / Fees
1.62%
Cap Rate
About This Property
''Resort Living at Its Best - Harbor Views, Private Balcony, Boat
Slip, and Saltwater Pool!''
Experience the ultimate in luxury living with stunning views of the harbor right from your private balcony-so close to the water, you can fish right off your balcony! Watch the spectacular fireworks show over the water while enjoying the serene ambiance. This exceptional property comes with a slip for you boat! perfect for water enthusiasts. Take a dip in the saltwater pool, which overlooks the sparkling harbor. With beautiful updates throughout, this home offers the perfect mix of modern style and coastal charm. Holiday Isle offer you 2 gated beach accesses at Moreno Point Rd. and Norriego Rd A must-see for anyone seeking comfort, convenience, and breathtaking views MUST SEE NEW PRICE!!!!
Experience the ultimate in luxury living with stunning views of the harbor right from your private balcony-so close to the water, you can fish right off your balcony! Watch the spectacular fireworks show over the water while enjoying the serene ambiance. This exceptional property comes with a slip for you boat! perfect for water enthusiasts. Take a dip in the saltwater pool, which overlooks the sparkling harbor. With beautiful updates throughout, this home offers the perfect mix of modern style and coastal charm. Holiday Isle offer you 2 gated beach accesses at Moreno Point Rd. and Norriego Rd A must-see for anyone seeking comfort, convenience, and breathtaking views MUST SEE NEW PRICE!!!!
Unit Size
-
Days on Market
234 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$1,145
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.
Last updated: 13 months ago (ECAR #969866)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Aug 24, 2025 | Price Decreased |
$710,000
↓ $27K
(3.7%) | |
| Price Decreased | |||
| Aug 10, 2025 | Price Decreased |
$737,000
↓ $12K
(1.6%) | |
| Price Decreased | |||
| Jun 23, 2025 | Price Decreased |
$749,000
↓ $30K
(3.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Elevator, Pantry, Atrium, Washer/Dryer Hookup
Appliances: Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator, Stove/Oven Electric, Water Heater - Elect
Flooring Type: Floor Tile
Rooms: 4
Exterior Details
Has Property Attached
Security Features: Fire Alarm/Sprinkler
Property Condition: Construction Complete
Architectural Style: N/A
Year Built: 1985
Waterfront Features: Unit Waterfront, Canal, Gulf/Pass, Harbor
Building Area Total: 1292
Window Features: Window Treatment All
Construction Materials: Concrete, Steel Siding, Stucco
Patio and Porch Features: Patio Covered
Pool Features: Pool - In-Ground, Pool Type
Pool is Private
Lot Size Units: Acres
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Water, Trash, Accounting, Ground Keeping
HOA Fee Frequency: Monthly
Condo/Coop Fee: $1,145
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 |
|---|---|---|---|---|---|---|---|
|
11/21/2025
|
2 Bed
|
2 Bath
|
-
|
$1,050,000
2 Bed
2 Bath
|
$1,050,000
11/21/2025
|
The Steely Group
Bastion Realty LLC
| |
|
08/23/2025
|
2 Bed
|
2 Bath
|
-
|
$745,000
2 Bed
2 Bath
|
$725,000
-2.68%
09/17/2025
|
Marie H Babin
REMAX By The Sea
| |
|
02/28/2025
|
2 Bed
|
2 Bath
|
-
|
$779,000
2 Bed
2 Bath
|
$655,000
-15.92%
10/21/2025
|
Jacqueline Riel
Coldwell Banker Realty
| |
|
02/12/2025
|
3 Bed
|
2 Bath
|
-
|
$799,000
3 Bed
2 Bath
|
$609,000
-23.78%
07/30/2025
|
Sarah P Stone
Scenic Sotheby's International Realty
| |
|
05/14/2024
|
3 Bed
|
2 Bath
|
1426 ft²
|
$949,000
3 Bed
2 Bath
1426 ft²
|
-
-
|
Jean W Cannon
Re/Max By The Sea
| |
|
02/25/2024
|
2 Bed
|
2 Bath
|
1300 ft²
|
$865,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Kimberly Bauman
Amerivest Realty
| |
|
12/12/2018
|
2 Bed
|
2 Bath
|
1250 ft²
|
$370,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
| |
|
06/07/2018
|
2 Bed
|
2 Bath
|
1250 ft²
|
-
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
| |
|
06/07/2018
| |
2 Bed
|
2 Bath
|
1440 ft²
|
-
2 Bed
2 Bath
1440 ft²
|
-
-
|
-
|
|
06/07/2018
|
2 Bed
|
2 Bath
|
1440 ft²
|
-
2 Bed
2 Bath
1440 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1100 ft²
|
-
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
|
09/04/2016
|
2 Bed
|
2 Bath
|
1300 ft²
|
$449,000
2 Bed
2 Bath
1300 ft²
|
$425,000
-5.35%
09/04/2016
|
Michael Wade
Chandler Associates
| |
|
09/01/2013
|
2 Bed
|
2 Bath
|
1475 ft²
|
$499,000
2 Bed
2 Bath
1475 ft²
|
$475,000
-4.81%
09/19/2013
|
Brent Winjum
Aquatic Resort Properties Inc
| |
|
10/28/2011
|
2 Bed
|
2 Bath
|
1400 ft²
|
$249,900
2 Bed
2 Bath
1400 ft²
|
$230,000
-7.96%
04/19/2012
|
Elliot Marcus
Crye-Leike Coastal Realty
|
Building Info
About Destin
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Listed by: Jacqueline L Riel, Coldwell Banker Realty
Last Updated: 13 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 969866
Last Updated: 13 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 969866
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