34
Map
$869,000
●
House -
For Sale
641 Bayshore Dr Drive
Destin, FL 32550
4 Beds
3 Baths
2,592 Ft²
$4,740
Est. Monthly
3.56%
Cap Rate
About This Property
Welcome to your dream home in Bay Bridge Landing! This stunning
4-bedroom, 3-bathroom residence offers an abundance of space,
including two large living areas and a versatile bonus room. The
recently upgraded kitchen features new appliances. Enjoy
breathtaking bay views from the master and front bedrooms, and
dining rooms.
This home is perfectly situated for entertainment, with easy access to Seascape Towne Center, Silver Sands Outlets, and Destin Commons. The beautiful beaches of Destin are just a short trip away. The beautiful beaches of Destin are just a short trip away. Residents also have exclusive access to a community pool, pier, and bay facility.
Additional features include a durable metal roof (2023), new windows, and a refreshed exterior with new stucco. The home also has a new gas water heater (4 years old) and an updated AC unit (6 years old). With a desirable flood zone X rating and the option for short-term rentals, this is an incredible opportunity you won't want to miss.
This home is perfectly situated for entertainment, with easy access to Seascape Towne Center, Silver Sands Outlets, and Destin Commons. The beautiful beaches of Destin are just a short trip away. The beautiful beaches of Destin are just a short trip away. Residents also have exclusive access to a community pool, pier, and bay facility.
Additional features include a durable metal roof (2023), new windows, and a refreshed exterior with new stucco. The home also has a new gas water heater (4 years old) and an updated AC unit (6 years old). With a desirable flood zone X rating and the option for short-term rentals, this is an incredible opportunity you won't want to miss.
Unit Size
2,592 Ft²
Days on Market
398 days
Land Size
0.19 acres
Price per sqft
$335
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1995
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (ECAR #983957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2025 | Listed by Acasa Realty LLC | $869,000 | |
| Listed by Acasa Realty LLC | |||
| Mar 16, 2022 | No longer available | - | |
| No longer available | |||
| Feb 11, 2022 | Price Increased |
$967,000
↑ $28K
(3%) | |
| Price Increased | |||
| Feb 4, 2022 | Price Decreased |
$939,000
↓ $28K
(2.9%) | |
| Price Decreased | |||
| Dec 15, 2021 | Listed by Realty ONE Group Emerald Coast | $967,000 | |
| Listed by Realty ONE Group Emerald Coast | |||
| | |||
|
Stunning Bay Bridge Landing home just hit the market. This gorgeous home features 5 bedroom plus an additional bonus room, 4 bathrooms and two spacious living rooms. The upgraded kitchen comes equipped with new appliances. New Water Heater.Beautiful bay views from master and front bedroom, living room and dinning room.Great LOCATION, entertain in style by the Seascape Towne Center, Silver Sand Outlets, Destin Commons or relax near the beach.Access to the Pool, Pier and Bay facility.Short Term Rental allowed!! The manager has listed the unit size as 2592 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Fireplace, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Auto Garage Door Opn, Smoke Detector, Water Heater - Elect
Flooring Type: Floor Tile
Rooms: 13
Exterior Details
Square Footage: 2592
Property Condition: Renovated, Construction Complete
Architectural Style: Split Level
Year Built: 1995
Building Area Total: 2592
Patio and Porch Features: Patio Covered, Porch Screened
Pool is Private
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Lot Size Square Feet: 8276.4
Lot Size Dimensions: 80x104.70
Financial Details
Tax Assessed Value: $380
Tax Annual Amount: $5,675
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Accounting, Recreational Faclty
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Miramar Beach
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Listed by: Simona M Ghile, Acasa Realty LLC
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 983957
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 983957
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