Great location with views of the Gulf from this beautiful 3-story house, located on the beach-side gated neighborhood of Caribe. This home was originally custom-built and features many upgrades such as a private elevator & first floor bedroom w/ full bath, Gulf views from the 2nd and 3rd floor, master w/ separate office/sitting area and fireplace, built- in bookshelves and other great amenities. The home offers the master and 1 guest bedroom on the 2nd floor plus additional entertainment space on the 3rd floor. Caribe is known for its tropical scenery and private sand dune walkways to the Gulf, with a magnificent private beach. They also offer two community pools, tennis court, a lake, and great walkways to the beach, making you feel like you are in a quiet peaceful retreat by the beach! All measurements are approximate. Buyers must verify any and all information that they deem relevant.
For sale
Price cut: $50K (1/19)
$1,599,000
175 Rue Martine, Miramar Beach, FL 32550
3beds
2,578sqft
Est.:
Single Family Residence
Built in 2005
6,534 Square Feet Lot
$-- Zestimate®
$620/sqft
$350/mo HOA
What's special
Tennis courtMagnificent private beachPrivate elevatorTropical sceneryViews of the gulfTwo community poolsBeach-side gated neighborhood
- 125 days |
- 276 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: January 19, 2026 at 06:16am
Listed by:
Luis F Espinel 504-723-0939,
Southern Luxury Realty
Source: ECAOR,MLS#: 988542
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: Second
- Area: 187 Square Feet
- Dimensions: 17 x 11
Bonus room
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11 x 10
Dining area
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave
Features
- Breakfast Bar, Newly Painted, Elevator
- Flooring: Tile
- Windows: Plantation Shutters
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,578
- Total interior livable area: 2,578 sqft
Property
Parking
- Parking features: Garage Door Opener, Detached
- Has garage: Yes
Features
- Stories: 3
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 6,534 Square Feet
- Dimensions: 60 x 105
Details
- Parcel number: 272S21428100000170
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Caribbean
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Slate
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 2005
Community & HOA
Community
- Features: Beach, Gated, Pool, Tennis Court(s), Short Term Rental - Allowed
- Subdivision: CARIBE
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Land Recreation, Security
- HOA fee: $2,100 semi-annually
Location
- Region: Miramar Beach
Financial & listing details
- Price per square foot: $620/sqft
- Tax assessed value: $1,333,942
- Annual tax amount: $10,727
- Date on market: 10/29/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2026 | Price change | $1,599,000-3%$620/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $1,649,000+112.8%$640/sqft |
Source: | ||
| 10/5/2018 | Sold | $775,000-6.1%$301/sqft |
Source: | ||
| 9/7/2018 | Pending sale | $825,000$320/sqft |
Source: Keller Williams Success Realty #666649 Report a problem | ||
| 7/26/2018 | Price change | $825,000-1.7%$320/sqft |
Source: Keller Williams Success Realty #666649 Report a problem | ||
| 5/16/2018 | Price change | $838,900-4.1%$325/sqft |
Source: Keller Williams Success Realty #666649 Report a problem | ||
| 1/9/2018 | Listed for sale | $875,000-1.7%$339/sqft |
Source: Keller Williams Success Realty #666649 Report a problem | ||
| 9/16/2017 | Listing removed | $890,000$345/sqft |
Source: RE/MAX Southern Realty #760135 Report a problem | ||
| 10/31/2016 | Price change | $890,000-3.7%$345/sqft |
Source: RE/MAX Southern Realty #760135 Report a problem | ||
| 9/2/2016 | Listed for sale | $924,000+639.2%$358/sqft |
Source: RE/MAX Southern Realty #760135 Report a problem | ||
| 9/29/2000 | Sold | $125,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,728 +12.6% | $1,033,297 +10% |
| 2023 | $9,530 +6.3% | $939,361 +10% |
| 2022 | $8,965 +19.3% | $853,965 +10% |
| 2021 | $7,515 +0.6% | $776,332 +3.7% |
| 2020 | $7,470 +2.3% | $748,282 +1.8% |
| 2019 | $7,303 | $735,392 +2.2% |
| 2018 | $7,303 +1.8% | $719,305 -4% |
| 2017 | $7,172 -3.5% | $749,600 +1.1% |
| 2016 | $7,430 +2.3% | $741,549 +9.6% |
| 2015 | $7,266 +8% | $676,741 +15.4% |
| 2014 | $6,726 | $586,329 |
| 2013 | -- | $586,329 -0.7% |
| 2012 | -- | $590,744 -10% |
| 2011 | -- | $656,309 -1% |
| 2010 | -- | $663,068 -11.5% |
| 2009 | -- | $749,546 -3.3% |
| 2008 | -- | $774,857 -17.5% |
| 2007 | -- | $939,757 +306.8% |
| 2005 | -- | $231,000 +53.7% |
| 2004 | -- | $150,250 +42.7% |
| 2003 | -- | $105,300 +16% |
| 2002 | -- | $90,750 |
| 2001 | -- | $90,750 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,344/mo
Principal & interest
$7755
Property taxes
$1239
HOA Fees
$350
Climate risks
Neighborhood: 32550
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 4.8 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 13.6 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 9.5 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








