60 Rue Caribe
About This Property
Luxury Coastal Villa with Carriage Home and Garage in Prestigious Caribe
Discover the perfect blend of investment potential and refined coastal living at 60 Rue Caribe, an impeccably maintained villa in the exclusive gated enclave of Caribe in Miramar Beach. Showcasing true owner's pride, this cherished home has been thoughtfully updated throughout with modern LED lighting, new fans, light coastal decor, a full water filtration system, and Starlink for uninterrupted services-whether working from home or streaming leisure time-blending timeless design with exceptional attention to detail.
The main residence features an updated gourmet kitchen with Sub-Zero refrigeration and sunlit living spaces ideal for relaxation or entertaining. Each bedroom includes new luxury mattresses and designer bedding, making the home turnkeyready for personal enjoyment or immediate rental income.
Step outside to a 2024 reimagined outdoor oasis with a new driveway, professional landscaping, irrigation system, fencing, gas firepit, Big Green Egg, and stainless steel grillperfect for hosting under the stars.
The carriage home offers versatile space for guests, an office, fitness area, or lock-and-leave convenience. This villa provides flexibility and comfort for a primary residence, vacation home, or investment property.
Residents of Caribe enjoy exclusive private beach access, resort-style pools, tennis courts, and 24-hour gated securityall just moments from the Gulf's sugar-white sands and emerald waters. A rare opportunity to own a property that perfectly balances luxury, lifestyle, and long-term value on the Emerald Coast.
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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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Feb 13, 2026 | Price Decreased |
$1,175,000
↓ $50K
(4.1%) | |
| Price Decreased | |||
| Jan 19, 2026 | Price Decreased |
$1,225,000
↓ $70K
(5.4%) | |
| Price Decreased | |||
| Nov 12, 2025 | Listed by EXP Realty LLC | $1,295,000 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017