45
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95 Barracuda Street
About This Property
This 4-bedroom, 3-bath residence features a thoughtfully designed open layout connecting the family room, dining area, and kitchen, creating an inviting space for both everyday living and entertaining. The kitchen is well-appointed with white cabinetry, granite countertops, and stainless steel appliances, blending style with functionality.
The spacious owner's suite offers a relaxing retreat with abundant natural light, a cozy sitting area, and an ensuite bath complete with double vanities, a soaking tub, and a separate shower. Secondary bedrooms are generously sized, ideal for family and guests.
Step outside to your private backyard oasis featuring a fenced yard and pool, perfect for soaking up Florida's year-round sunshine or entertaining with ease.
Additional highlights include a main-level laundry room and a detached two-car garage, offering flexibility for storage, parking, or additional use. Recent updates include an added bathroom and closet in the upstairs guest space, refinished floors, fresh interior paint, a new gas stove, updated HVAC systems, new hot water heaters, and a new pool heater and pump (2024/2025). Kitchen and cooking items are also included, further enhancing this fully furnished, turnkey opportunity.
Located just minutes from Destin's premier shopping, dining, golf, and entertainment, this home presents an excellent opportunity as a primary residence, second home, or income-producing rental.
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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 |
|---|---|---|---|
| May 14, 2026 | Price Decreased |
$1,390,000
↓ $40K
(2.8%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by Compass | $1,430,000 | |
| Listed by Compass | |||
| Sep 23, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017