4442 Southminster Circle
About This Property
Inside, you'll find 3 spacious bedrooms plus a dedicated office, perfect for remote work or flexible living. The expansive 17' x 17' primary suite is a true retreat, featuring his and her walk-in closets and a remodeled ensuite bath. The kitchen includes a walk-in pantry, modern appliances (all replaced in 2022), and updated lighting that brightens the heart of the home.
Situated on just under one-third of an acre, the home offers a fully fenced backyard with new gates added in 2023, a covered patio, and attractive landscape lighting installed in 2007. A cozy wood burning fireplace with blower, cleaned and serviced in 2024, brings warmth and charm to the living space.
Residents of Raintree Estates enjoy exclusive access to Raintree Beach Park, just a short walk from the home. From the gravel parking area, you'll find the neighborhood pavilion, a beloved "secret" fishing spot, marsh trail, dock, kayak/paddleboard launch, and the perfect chairs for taking in unforgettable sunsets. It's a peaceful waterfront escape right in your own community.
This home also offers peace of mind with numerous updates, including:
**Roof (2013)
**Hurricane rated windows (2013)
**Kitchen remodel (2007)
**Primary bath remodel (2007)
**Guest bath remodel (2010)
**Paver driveway (2012)
**Hot water heater (2020)
**HVAC (2021)
**Lawn pump (2014)
**New lighting in the dining room, foyer, kitchen, and office
**Transferable termite bond
** Interior Doors painted and hardware replaced (2022)
With its ideal location, thoughtful upgrades, and timeless brick construction, this home is a rare find in one of Bluewater Bay's most charming neighborhoods. Just minutes from the Mid-Bay Bridge, you'll enjoy quick, easy access to the white-sand beaches of Destin, making everyday living feel like a coastal getaway. A must-see for anyone seeking comfort, character, and a true Northwest Florida lifestyle.
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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 13, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Coldwell Banker Realty | $565,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017