See Home Value
$1,185,000
● House - Off Market

338 Rue Caribe

Miramar Beach, FL 32550
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,700 Ft²
$8,384
Est. Monthly

About This Property

Back on Market at no fault of the seller. Meticulously maintained and thoughtfully updated, this home blends timeless craftsmanship with modern upgrades. A newly remodeled kitchen in 2023 sets the stage for effortless entertaining, while new fiberglass doors throughout the home in 2013, a new metal roof in 2010, and Azek decks added in 2011 ensure lasting durability. The widow's walk rebuild in 2025, and all-new shutters on the south facade in 2023 add both charm and resilience. Recent system upgrades include new exterior AC condensers in 2022, a new electrical panel in 2025 bringing the home up to current code, and new Carrier 14 SEER furnaces and AC in 2010. A bunk room addition in 2016 maximizes space, while exterior enhancements like a new lighting system in 2016 and rebuilt exterior stairs in 2013 elevate both form and function. Even the carport was covered with a metal roof in 2010, designed with practicality in mind.   As the first spec home in Caribe, this residence has deep roots in the community. Developed by Jim Adams, designed by renowned architect Tom Christ, and built by general contractor Ronnie Willis, it was constructed with unwavering integrity -- 'like a bomb shelter,' as they put it. The 12-14 foot high utility room stands as a testament to its solid construction, weathering time and nature with ease. The home overlooks the neighborhood fountained lake and the private beach access boardwalk is located directly across from the home's front door on Rue Caribe, making it an easy walk to the beach. Nestled south of 98 in a gated community, this property is ideal as a primary home, second home or vacation rental. Caribe also has two community pools for its owners and guests. The property has never been rented, original owners, and no structural issues -- just decades of care, thoughtful upgrades, and a home built to stand the test of time.
Unit Size
3,700 Ft²
Days on Market
62 days
Land Size
0.14 acres
Price per sqft
$405
Property Type
House
Property Taxes
$1,023
HOA Dues
-
Year Built
1991

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Last updated: 2 months ago (ECAR #996355)

Price History

Date / Event Date Event Price
Sep 29, 2026 Sold
Sold
Aug 25, 2026 In contract -
In contract
Jul 30, 2026 Relisted $1,499,000
Relisted
Jul 23, 2026 In contract -
In contract
Jun 23, 2026 Price Decreased $1,499,000
↓ $100K (6.3%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 3
  • Garage Square Area: 336
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,101
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,479
  • Gross Building Area: 3,479
  • Building Area: 3,479
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,479
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARIBE
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 28 CARIBE S/D PB 8-21 AND INT IN COMMON ELEMENTS AS RECD IN OR 555-28 OR 2888-2937

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Geography

  • Assessors Map Reference: S2-27-21
  • Parcel: 27-2S-21-42800-000-0280
  • Block: 2
  • Lot: 28
  • Meridian: SEC 27 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3724
  • Longitude: -86.3411

    Address

  • Full Address: 338 Rue Caribe
  • Address - House Number: 338
  • Address - Street Name: Rue Caribe
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 8100
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 4,031
  • Tax Year: 2022
  • Tax Amount: $1,050,210
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 2,029,542
  • High Value: 2,552,805
  • Low Value: 1,506,279

    Market Valuation

  • Market Total Value: $1,269,270
  • Market Land Value: $387,698
  • Market Improvement Value: $881,572

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,269,270
  • Assessed Land Value: $387,698
  • Assessed Improvements Value: $881,572
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Miramar Beach


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Frequently Asked Questions

When was property at 338 Rue Caribe built and last sold?
The property at 338 Rue Caribe was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 338 Rue Caribe is $1,632,643.
What are some comparable homes to 338 Rue Caribe?
There are currently no comparable homes to 338 Rue Caribe.