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For sale
  • Price cut: $50K (3/2)
    $3,249,000

    40 Rue Caribe, Miramar Beach, FL 32550

    4beds
    4,062sqft
    : 
    Single Family Residence
    Built in 2004
    0.27 Acres Lot
    $3,003,500 Zestimate®
    $800/sqft
    $350/mo HOA

    What's special

    Golf cart parkingHigh-end finishes throughoutPrivate deeded beach accessAmple driveway spaceLushly landscaped surroundingsMultiple gathering areas
    Elegant Coastal Estate on Double Lot | 40 Rue Caribe | Miramar Beach, FL Welcome to 40 Rue Caribe, a rare coastal gem located in the exclusive gated community of Caribe. This elegant home rests on a .27-acre double lot (11,590sqft), offering privacy, space, and a prime position just 2,000 feet from the Gulf of Mexico. Spanning 4,062 heated and cooled square feet and 5,465 total square feet under roof, this residence showcases refined craftsmanship and timeless design. Inside, you'll find rich hardwood and natural stone flooring, custom woodwork and solid wood doors, and high-end finishes throughout. The layout was designed for both everyday living and elegant entertaining, featuring multiple gathering areas, a courtyard patio with dipping pool, and a seamless indoor-outdoor connection that captures the essence of coastal living. Significant enhancements were completed in 2020, including a new roof, copper gutters, new AC units, a whole-home Generac generator, and the addition of a three-car garage with private mother-in-law suite  ideal for guests, family, or use as a private retreat. Enjoy peace of mind and exclusivity with private deeded beach access, lushly landscaped surroundings, and the security of a gated community. With ample driveway space, golf cart parking, and easy proximity to the best of both Destin and 30A, this property perfectly blends luxury, location, and lifestyle. Whether you envision it as a primary residence or a high-end vacation rental, 40 Rue Caribe offers the rare combination of craftsmanship, comfort, and coastal charm  all in one of the Emerald Coast's most sought-after neighborhoods. All information to be verified by Buyer.
    103 days
    |
    356
    |
    3
    |

    Zillow last checked: 8 hours ago

    Listing updated: March 02, 2026 at 08:13am

    Listed by:

    Shawna G Jacoby 850-598-1803,

    Compass,

    John C Jacoby 850-585-0738,

    Compass

    Source: ECAOR,MLS#: 990157MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: First
    • Area: 224 Square Feet
    • Dimensions: 16 x 14
    Primary bedroom
    • Level: Second
    • Area: 550 Square Feet
    • Dimensions: 25 x 22
    Bedroom
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Bedroom
    • Level: Second
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Primary bathroom
    • Level: First
    • Area: 140 Square Feet
    • Dimensions: 14 x 10
    Bathroom
    • Level: First
    • Area: 70 Square Feet
    • Dimensions: 10 x 7
    Bathroom
    • Level: Second
    • Area: 45 Square Feet
    • Dimensions: 9 x 5
    Bathroom
    • Level: Second
    • Area: 200 Square Feet
    • Dimensions: 10 x 20
    Other
    • Level: First
    • Area: 64 Square Feet
    • Dimensions: 16 x 4
    Dining area
    • Level: First
    • Area: 165 Square Feet
    • Dimensions: 15 x 11
    Garage
    • Level: First
    • Area: 816 Square Feet
    • Dimensions: 34 x 24
    Kitchen
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 10 x 8
    Living room
    • Level: First
    • Area: 315 Square Feet
    • Dimensions: 21 x 15
    Loft
    • Level: Second
    • Area: 352 Square Feet
    • Dimensions: 16 x 22
    Office
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Tankless Water Heater
    Features
    • Vaulted Ceiling(s), Newly Painted
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,062
    • Total interior livable area: 4,062 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Covered
    • Exterior features: Balcony, Sprinkler System
    • Pool features: Heated, In Ground
    • Fencing: Privacy
    • On waterfront: Yes
    Lot
    • Size: 0.27 Acres
    • Dimensions: 99 x 112
    Details
    • Parcel number: 272S21428000000020
    • Zoning description: City

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: New Orleans
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Beach, Deed Access, Gated, Pool, Tennis Court(s), Waterfront, Short Term Rental - Allowed
    • Security: Security System, Smoke Detector(s)
    • Subdivision: CARIBE
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Legal, Management, Security, Trash
    • HOA fee: $2,100 semi-annually
    Location
    • Region: Miramar Beach

    Financial & listing details

    • Price per square foot: $800/sqft
    • Tax assessed value: $1,592,222
    • Annual tax amount: $13,936
    • Date on market: 11/22/2025
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $3,003,500

    $2.85M - $3.15M

    $7,122/mo

    Price history

    Price history
    DateEventPrice
    3/2/2026Price change$3,249,000-1.5%$800/sqft
    Source: ECAOR #990157 Report a problem
    11/22/2025Listed for sale$3,299,000+407.5%$812/sqft
    Source: ECAOR #990157 Report a problem
    9/30/2016Sold$650,000-3.7%$160/sqft
    Source: ECAOR #738339 Report a problem
    8/24/2016Pending sale$675,000$166/sqft
    Source: Coldwell Banker Residential Real Estate - Destin / 30A #738339 Report a problem
    7/8/2016Price change$675,000-3.6%$166/sqft
    Source: Coldwell Banker Residential Real Estate - Destin / 30A #738339 Report a problem
    12/11/2015Price change$699,900-3.4%$172/sqft
    Source: Coldwell Banker Residential Real Estate - Destin / 30A #738339 Report a problem
    7/4/2015Price change$724,500-3.3%$178/sqft
    Source: RE/MAX PARADISE PROPERTIES #704398 Report a problem
    5/1/2014Listed for sale$749,500+19.9%$185/sqft
    Source: RE/MAX PARADISE PROPERTIES #704398 Report a problem
    2/28/2011Sold$625,000-21.9%$154/sqft
    Source: Public Record Report a problem
    8/11/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    8/10/2010Price change$949,500+18.7%$234/sqft
    Source: La Florida #516943 Report a problem
    8/4/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    8/3/2010Price change$949,500+18.7%$234/sqft
    Source: La Florida #516943 Report a problem
    8/1/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    7/30/2010Price change$949,500+18.7%$234/sqft
    Source: La Florida #516943 Report a problem
    7/29/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    7/27/2010Price change$949,500+18.7%$234/sqft
    Source: La Florida #516943 Report a problem
    7/25/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    7/18/2010Price change$949,500+18.7%$234/sqft
    Source: La Florida #516943 Report a problem
    7/14/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    7/11/2010Price change$949,500+18.7%$234/sqft
    Source: La Florida #516943 Report a problem
    7/10/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    7/9/2010Price change$949,500+18.7%$234/sqft
    Source: La Florida #516943 Report a problem
    7/8/2010Price change$799,900-15.8%$197/sqft
    Source: La Florida #516943 Report a problem
    7/7/2010Listed for sale$949,500+11.7%$234/sqft
    Source: La Florida #516943 Report a problem
    1/24/2007Sold$850,000-29.2%$209/sqft
    Source: Public Record Report a problem
    5/11/2005Sold$1,200,000+585.7%$295/sqft
    Source: Public Record Report a problem
    6/11/2004Sold$175,000+52.2%$43/sqft
    Source: Public Record Report a problem
    2/13/2003Sold$115,000+79.7%$28/sqft
    Source: Public Record Report a problem
    4/4/2001Sold$64,000$16/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$13,317 +5.1%$1,339,143 +10%
    2023$12,672 +6.8%$1,217,403 +10%
    2022$11,864 +21.6%$1,106,730 +10%
    2021$9,753 +65.6%$1,006,118 +70.5%
    2020$5,890 +1.5%$590,020 +1%
    2019$5,802 $584,252 +2.2%
    2018$5,802 +1.8%$571,410 -5.3%
    2017$5,698 -4.8%$603,546 +2.7%
    2016$5,982 +2%$587,752 +7.5%
    2015$5,866 +7%$546,790 +13.2%
    2014$5,484 $483,036 -0.7%
    2013-- $486,516
    2012-- $486,516 -10.2%
    2011-- $541,670 -1.7%
    2010-- $550,967 -10.6%
    2009-- $616,247 -14.5%
    2008-- $720,924 -18.1%
    2007-- $880,004 +51.8%
    2005-- $579,610 +404%
    2004-- $115,000 +16.3%
    2003-- $98,850 +60%
    2002-- $61,766 +9.3%
    2001-- $56,525

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $18,626/mo
    Principal & interest
    $15758
    Property taxes
    $2518
    HOA Fees
    $350

      Climate risks

      Neighborhood: 32550

      Getting around

      30 / 100
      Car-Dependent
      44 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      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.

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