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Map
89 Tarpon Street
About This Property
After a day swimming at the beach, enjoy the private heated pool and spa surrounded by a tropical oasis in your own backyard! The back yard is completely enclosed by a six-foot privacy fence, tall palm trees, plenty of outdoor seating, and a covered patio with a natural gas grill for barbecuing. The large front yard has plenty of parking for cars and golf carts and has room for a 32-foot boat! The side yard is fenced in for your four-legged friends and is equipped with an outdoor shower.
Enjoy gulf-front dining at Pompano Joe's, Crab Trap or casual seafood at Fudpuckers or Camilles. Visit the large open-air Destin Commons shopping center with an AMC theater! Crystal Beach is South of Emerald Coast Parkway so you can rent a street-legal golf cart to navigate the area easily. Explore Henderson Beach State Park for scenic nature trails and pristine shorelines. Visit Marler Park for a coastal-themed playground, or Hurricane Lanes for bowling. Enjoy Big Kahuna's Water Park, play a round of golf at Seascape or drive go-karts at The Track. Bike, exercise, or simply stroll and enjoy the beautiful Gulf views along the 10-mile stretch of bike path on Scenic 98!
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Price Decreased |
$1,259,000
↓ $16K
(1.3%) | |
| Price Decreased | |||
| Mar 22, 2026 | Listed by Scenic Sotheby's International Realty | $1,275,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| May 7, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017