359 Indigo Loop
About This Property
(Click on the photos and virtual tour) to discover the lush tropical landscaping, attractive leaded glass entry doors, awesome open floor plan, crown moulded ceilings, great golf course location, and many custom features that make this home the one to own in the heart of all in the Destin/Miramar Beach area! This is a fine home to entertain in both inside and out with a large screened in lanai leading out to peaceful views of trees, water & the nicely manicured 5th hole putting green. Relax and be comfortable enjoying the wonderful amenities (Premier Golf Course, Tennis Courts, Clubhouse, Guesthouse, Community Pool) along with the friendly staff of Emerald Bay. One of the last private lots!!!!
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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 |
|---|---|---|---|
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed | $848,900 | |
| Listed | |||
| | |||
|
Off market with no fault, of seller perfectly positioned at the end of the 5h hole at Emerald Bay with an awesome view of the lake and green...the one with a great open layout that has 12 foot
ceilings in the living space. There is even an office room. Beautiful crown molding...the one with a fitness pool, whole house generator a & oversized lanai... and the one with a very large lot with gorgeous palm trees & landscaping that gives the property great curb appeal. Emerald Bay offers so many amenities: The 1st class golf course honored last year as ''Best in Destin'', Gated Security, Community Pool, Rubicon Tennis Courts', and a Superior Location to the area's finest Entertainment, Shopping and Dining opportunities. Come see it
to
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| Jun 12, 2020 | Sold | ||
| Sold | |||
| May 30, 2020 | No longer available | - | |
| No longer available | |||
| May 22, 2020 | Listed by Keller Williams Realty Destin | $495,000 | |
| Listed by Keller Williams Realty Destin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017