378 Eve Circle
About This Property
Built high and dry, the residence has been carefully designed for comfortable coastal living, offering three bedrooms and two baths on the main level, including a charming built-in bunk space that creates the perfect retreat for children or visiting guests. A private ground-level guest suite with a fourth bedroom provides an ideal escape for extended family, friends, or multi-generational living while maintaining privacy for everyone. The true heart of this home is its seamless connection to the outdoors. Expansive covered space beneath the home offers endless possibilities for entertaining, shaded gatherings, covered parking, or storing golf carts, paddleboards, kayaks, and beach gear. Start your mornings with coffee on the welcoming front porch, then end the day on the oversized covered rear deck stretching the full width of the home, where doors from the primary suite, guest bedroom, living room, and kitchen invite gentle coastal breezes and effortless indoor-outdoor living.
Surrounded by mature landscaping and over an acre of private grounds, you'll enjoy a rare sense of peace and space that's increasingly difficult to find along the Emerald Coast. Whether you envision adding a resort-style pool, cultivating a flourishing garden, or simply savoring the quiet beauty of your surroundings, the possibilities are endless.
For those who embrace an active outdoor lifestyle, your own private pickleball court and sand volleyball court transform the backyard into a personal retreat where family and friends can gather year-round.
This is more than a home--it's an opportunity to own a peaceful sanctuary in one of South Walton's most coveted communities, where the value lies not only in the property itself, but in the exceptional lifestyle it affords.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Price Increased |
$1,050,000
↑ $90K
(9.4%) | |
| Price Increased | |||
| May 31, 2026 | Price Decreased |
$960,000
↓ $35K
(3.5%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$995,000
↓ $54K
(5.2%) | |
| Price Decreased | |||
| Apr 23, 2026 | Price Decreased |
$1,049,000
↓ $46K
(4.2%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by Scenic Sotheby's International Realty | $1,095,000 | |
| Listed by Scenic Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017