53
Map
328 Summit Drive
About This Property
Step inside to discover a bright and uniquely designed split floor plan, enhanced with thoughtful updates throughout perfect for full-time living or vacationing.
On the first level, you'll find the owner's suite, complete with a cozy fireplace and a sliding glass door that opens to the covered outdoor patio, already equipped with a TV mount for your outdoor enjoyment. The garage features two, 220V outlets, and an additional 220V outlet is located on the side of the home, where you'll also find adequate space for extra parking. On the second floor, you'll enjoy a beautifully upgraded kitchen with classy features and newer appliances, a living room that overlooks the foyer, and a dining area that flows seamlessly onto the home's second-level deck, ideal for entertaining and relaxation. Three additional bedrooms offer comfort for family and guests, along with a completely and beautifully renovated bathroom.
The standout feature? A stunning Gulf view from the 3rd-level deck, providing the perfect backdrop for morning coffee, sunsets, Destin's famous fireworks, or simply soaking in those iconic coastal breezes.
The peace of a private cul-de-sac, paired with a quick golf cart ride to dining, shopping, and countless attractions, makes this home truly desirable.
Between the upgrades, the views, and an unbeatable location, this Destin gem delivers the ultimate coastal lifestyle. You've found the one!
Buyer(s) is responsible for verifying ALL data and information including lot size and room measurements, as it is deemed to be reliable but not guaranteed.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 17, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Relisted | $485,000 | |
| Relisted | |||
| Apr 27, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$495,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017