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58 Siesta Bluff
About This Property
Featuring 10 foot tray ceilings, a gas fireplace, a separate office or game room, and a spacious open concept living and dining area, this home is designed for both relaxation and entertaining. The chef's kitchen offers a center island, stainless steel appliances, custom granite countertops, and abundant cabinetry, flowing seamlessly into the living area and out to a screened lanai with a heated pool and fountain. The primary suite features private pool access and an ensuite bath with dual vanities, a soaking tub, and walk-in shower. Three additional guest bedroom suites, a large laundry/mudroom, oversized two-car garage, ample parking, and beautifully landscaped grounds complete the home.
Destiny East offers an exceptional lifestyle with gated access, private security, two community pools, a clubhouse, tennis and basketball courts, fitness center, IMAX theater, playground, lake access, and outdoor grilling areas. Located along pedestrian-friendly Scenic Highway 98, the community offers convenient beach access and is just minutes from Destin Commons, Silver Sands Premium Outlets, shopping, and dining.
Whether you're looking for a primary residence, second home, or investment property, this exceptional coastal retreat offers the perfect opportunity to enjoy the Destin 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 |
|---|---|---|---|
| Nov 13, 2026 | Listed by Berkshire Hathaway HomeServices | $1,125,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
| Jun 22, 2021 | Sold | ||
| Sold | |||
| May 31, 2021 | No longer available | - | |
| No longer available | |||
| May 27, 2021 | Listed by Berkshire Hathaway HomeServices | $929,500 | |
| Listed by Berkshire Hathaway HomeServices | |||
| Sep 18, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017