66 Garnet Place
About This Property
Destin CHARTER SCHOOL Tuition Free Just a couple miles away destinhighschool.org
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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%.
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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 |
|---|---|---|---|
| Dec 27, 2025 | Listed by HomeSmart | $990,000 | |
| Listed by HomeSmart | |||
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Price Decreased |
$695,000
↓ $29K
(4%) | |
| Price Decreased | |||
| Dec 10, 2024 | Listed by Florida Sales Realty | $724,000 | |
| Listed by Florida Sales Realty | |||
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Custom built home ready and waiting to be YOUR original. 2635 square feet ON the golf course, three bedrooms, three bathrooms, two living areas, an office, two dining choices, a pool, what more could you ask for? 66 Garnet Place is located just far enough in Emerald Bay to make it an easy drive in and on a cul-de-sac street for limited traffic. Paver drive with lamp post leads to a two-car garage with extra storage and a built in work bench. Entrance opens up to a large dining area to the right and an office to the left that could easily be converted to a 4th bedroom. A full bathroom with pool access (rinse off before or after a swim in the pool). The master bedroom is 23" x 13", has patio and pool access , 2 large closets then on to the master bathroom with double sinks, vanity space and an easy access shower. Straight ahead is the sitting room with pool and golf course views. On the right side of the house is the large kitchen again with golf course views, eat in kitchen area, the family room with gas fireplace, 2 additional bedrooms and another full bathroom. Attractively priced with buyer adding updates in consideration. Emerald Bay is a championship golf course community on the Choctawhatchee Bay in Destin, Florida with a community swimming pool, guest house, two tennis courts and a night security guard. The Emerald Bay Clubhouse includes a full-service pro shop and a grill that offers a full bar and indoor/outdoor dining. Conveniently located a short distance to the Gulf of Mexico beaches, shopping, dining, & entertainment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017