674 Emerald Bay Drive
About This Property
Inside, roughly 1,984 SF is arranged for easy coastal living, with a light-filled main living area that opens to the pool deck and three full baths that make hosting guests effortless. Three bedrooms give you room for family, visitors, or a dedicated home office.
Emerald Bay is one of Destin's most established gated golf communities, wrapping a redesigned championship course along the shores of the bay.
Residents enjoy the newly remodeled clubhouse, which features a fully stocked bar and restaurant offering a social hub for neighborhood gatherings and casual dining. Residents also get exclusive access to a spacious community swimming pool and two clay tennis courts.
Perfect location between Destin and the Beaches of South Walton, minutes to Destin Commons, Harbor Walk, world-class dining, and the sugar-white sand of the Gulf.
Low-maintenance lot. Roof was replaced in 2024. HVAC and Hot Water Heater replaced in 2018 giving peace of mind on some bigger ticket items. Home is turnkey and a true Destin gem.
Schedule your private tour today.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by EXP Realty LLC | $700,000 | |
| Listed by EXP Realty LLC | |||
| Aug 5, 2026 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jul 1, 2026 | Price Decreased |
$749,000
↓ $21K
(2.7%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$770,000
↓ $29K
(3.6%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$799,000
↓ $31K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017