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29 Kristin Cove
About This Property
Set on a half-acre homesite in Baywinds Golf Estates within the gated Emerald Bay Golf Community, this 3-bedroom, 2.5-bath Destin home offers a screened-in pool, flexible bonus room, and extensive recent updates. Major improvements include a 2021 roof and HVAC, plus a 2025 water heater, appliances, flooring, pool equipment, sod, and fencing.
Inside, updated flooring flows throughout the home, complemented by 2025 appliances, modern light fixtures, built-ins, fresh paint, and an updated half bath. A versatile bonus room provides flexible space for a home office, media room, playroom, den, or other needs. The screened-in pool creates a dedicated outdoor space for swimming, relaxing, and entertaining. The expansive half-acre homesite offers additional room for gardening and outdoor activities, while new sod and fencing completed in 2025 enhance the exterior. Located in Emerald Bay Golf Community, the home offers convenient access to Destin's beaches, Destin Commons, dining along the Emerald Coast, and golf within the community. Wide streets and mature landscaping contribute to the established community setting. Schedule a private showing of 29 Kristin Cove to explore the half-acre homesite, screened pool, updated interior, flexible bonus room, and extensive recent improvements in person.
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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 |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$865,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$875,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$890,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by REV Realty | $895,000 | |
| Listed by REV Realty | |||
| Jan 31, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017