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4430 Ocean View Drive
About This Property
On the second floor you have the primary suite with its own private balcony and ensuite bathroom that was recently renovated. The large ensuite features a spacious floor to ceiling tiled shower and a separate soaking tub, water closet, and double vanity. The 4th bedroom upstairs is another suite with space for a sitting area, and an ensuite bathroom, that again has been renovated with new tiled and a granite vanity. Then up on the 3rd floor you have the crow's nest which overlooks all of Crystal Shores and views of the Gulf.
The location cannot be beat. The beach access is only 0.1 mile from your front door, easily walk or ride over. You are less than a mile from Destin Commons with tons of shopping and dining options only a golf cart ride away. Just under 2 miles to the Golf Courses of Regatta Bay. And so many additional restaurants, boutiques, and entertainment options surround you.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Price Decreased |
$1,350,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Dec 22, 2025 | Listed by Gulf Realty 30A LLC | $1,400,000 | |
| Listed by Gulf Realty 30A LLC | |||
| Mar 17, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2013 | Sold | ||
| Sold | |||
| Nov 16, 2011 | Listed by Newman Dailey Resort Properties | $499,000 | |
| Listed by Newman Dailey Resort Properties | |||
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A Great Beach House In Crystal Shores At A Great Price Too! Located In The Crystal Beach Neighborhood Of Destin You Are Just A Short Stroll From The World Famous Sugar Sand Beaches Of Destin Florida. This House In An Excellent Location To Get To All The Sights & Sounds Of The Beach. Currently A Vacation Rental Home But Could Be Your Permanent Residence Or A Wonderful Second Home. This Neighborhood Is So Peaceful With Sidewalks And A Community Swimming Pool That Is Picture Perfect. You Are In The Middle Of It All With The Beach Just a Block To The South And World Class Shopping And Restaurants A Few Blocks To The North. The House Itself Is Exceptional With 4 Bedrooms And 4 Bathrooms. Multiple Porches And Room For Everyone In This One. An Oversized 2 Vehicle Garage With Plenty Of Room For Your Beach Accessories. Call Today To See This Little Piece Of Paradise. You Will Be Glad You Did!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017