Lot 36 Rue Caribe
About This Property
Rare opportunity to own a premium lot in the sought-after gated community of Caribe in Miramar Beach. Situated at the end of a quiet cul-de-sac, Lot 36 will offer Gulf views and a personal gate to the community's private beach access.
Caribe features beach walkovers, two pools, tennis courts, and 24-hour security, all within minutes of shopping, dining, and golf along Scenic 98 and Grand Boulevard.
Don't miss one of the last buildable lots in this prestigious neighborhood- where privacy meets convenience and the beach is just steps away.
*Custom plans through Cogent Building Group are available (TO BE BUILT) making this an ideal opportunity to build a luxury coastal retreat with a local builder known for their impeccable craftsmanship and timeless coastal design. List price is for lot only.
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Corcoran Reverie SRB | $979,000 | |
| Listed by Corcoran Reverie SRB | |||
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | Listed by La Florida Coastal Properties | $800,000 | |
| Listed by La Florida Coastal Properties | |||
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Caribe is a picturesque authentic Caribbean Style beach community tucked away on an uncrowded stretch of private deeded beach. Lot 36 is the perfect complement to 375 Rue Caribe to create a compound or relax in your own landscaped private park-like lot with ample overflow parking. It is also ideal for the construction of a second home, rental or full time residence. The privacy of a gated community with resort style amenities awaits as owners enjoy tennis and pickleball courts, two pools with bath houses, lake with fishing, two beach walkovers and private, gated entry with soft evening lighting and beautiful streetscape. Live and play minutes from the area's finest golfing, tennis, dining and shopping. Explore nearby Silver Sands Premium Designer Outlet, Grand Boulevard, Market Shops at Sandestin and AMC Classic Boulevard 10. On Saturday mornings after a walk on the beach, head to the Farmer's Market at Grand Boulevard for fresh fruits, vegetables and local honey, or breakfast at the Market Shops at Sandestin. We invite you to make an appointment today to discover Lot 36 located in Rue Caribe.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017