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83 Sunfish Street
About This Property
What truly sets this property apart is its strong, consistent rental performance. This is more than a vacation home, it's a proven, income-producing asset with repeat guest demand. Whether you're a seasoned investor or entering the short-term rental market, this opportunity offers immediate returns with documented success.
A major upgrade includes a brand-new roof, providing peace of mind and minimizing near-term capital expenses, an invaluable advantage for any investor focused on maximizing ROI.
Just a short 3-minute trek to the sugar-white sands and emerald-green waters of the Gulf of Mexico, this home delivers the effortless beach experience vacationers crave--no parking hassles, just easy access to the shoreline.
Designed with comfort and functionality in mind, the home accommodates families and groups with ease. Inviting living spaces, well-appointed bedrooms, and a private pool surrounded by durable TREX decking create the perfect setting to relax after a day in the sun. Guests will also enjoy close proximity to Destin's top dining, shopping, and entertainment, supporting strong occupancy year-round. Positioned in one of Florida's most vibrant vacation rental markets, this property benefits from year-round tourism, stunning natural beauty, and the unmatched appeal of the Emerald Coast.
Turnkey. Profitable. Coastal. This is the investment you've been waiting for!
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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 |
|---|---|---|---|
| Aug 26, 2026 | Relisted | $1,445,000 | |
| Relisted | |||
| Aug 26, 2026 | Price Decreased |
$1,395,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Price Decreased |
$1,445,000
↓ $50K
(3.3%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Compass | $1,495,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017