809 Main Street
About This Property
Welcome to this one-of-a-kind property in the heart of West Destin! Just a half-mile from the sparkling waters of the Emerald Coast, this expansive 4,309 sq ft home sits on an oversized ¾ acre lot and offers a perfect blend of luxury, comfort, and space - inside and out.
Boasting 4 generously sized bedrooms, each with their own private en-suite bathroom, plus an additional half bath(s) for guests, this thoughtfully designed home is perfect for both entertaining and everyday living. The grand kitchen is a chef's dream, featuring an oversized island, a breakfast bar, and storage galore with a pantry and extensive cabinetry.... You'll love the formal dining room for special occasions, and the versatile loft area is ideal for a game room or media space. Work from home? The dedicated office provides the privacy and functionality you need.
Step outside to your private in-ground pool, perfect for cooling off on warm Florida days. A 3-car garage offers ample parking and storage, and a separate heated/cooled storage room (not included in square footage) gives you even more usable space.
With its unbeatable location, spacious layout, and unique features, this West Destin gem is truly a rare find. Don't miss your chance to own a slice of paradise just minutes from the beach!
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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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by ERA American Real Estate | $995,000 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017