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55 Kokomo Row
About This Property
The private lake setting may allow for a small dock, ideal for paddleboarding, kayaking, fishing, or simply relaxing while enjoying tranquil water views. Whether you envision a luxury primary residence, second home, or high-performing vacation rental, this homesite provides the flexibility to custom-design a property tailored to your lifestyle and investment goals. coastal homes and conveniently located near dining, shopping, and entertainment, this is an exceptional opportunity to create your own slice of paradise in Destin. Additional photos and information coming soon.
Buyer to verify all dimensions, zoning, building requirements, and dock allowances.
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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 |
|---|---|---|---|
| Jul 29, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Price Decreased |
$674,900
↓ $24K
(3.5%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by Keller Williams Realty Destin | $699,000 | |
| Listed by Keller Williams Realty Destin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017