715 Indigo Loop
About This Property
Experience luxury coastal living at 715 Indigo Loop in the gated community of Emerald Bay. This completely renovated, single-level home features two master suites with stunning golf course views, a gourmet kitchen with high-end stainless steel appliances and custom cabinetry, and updated bathrooms with spacious walk-in showers.
The covered lanai offers a heated pool and hot tub, perfect for entertaining, while enjoying the peaceful golf course views.
Located near the Emerald Bay Golf Course, community pool, tennis courts, and the pristine beaches of Destin, this move-in ready home offers the ultimate in comfort, style, and convenience.
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Price Decreased |
$945,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Sep 27, 2024 | Listed by Destin Luxury Real Estate and Rental | $950,000 | |
| Listed by Destin Luxury Real Estate and Rental | |||
| Jan 11, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017