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.
For sale
Price cut: $50K (3/2)
$3,249,000
40 Rue Caribe, Miramar Beach, FL 32550
4beds
4,062sqft
Est.:
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
- 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#: 990157
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
Estimated market value
$3,003,500
$2.85M - $3.15M
$7,122/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Price change | $3,249,000-1.5%$800/sqft |
Source: | ||
| 11/22/2025 | Listed for sale | $3,299,000+407.5%$812/sqft |
Source: | ||
| 9/30/2016 | Sold | $650,000-3.7%$160/sqft |
Source: | ||
| 8/24/2016 | Pending sale | $675,000$166/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #738339 Report a problem | ||
| 7/8/2016 | Price change | $675,000-3.6%$166/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #738339 Report a problem | ||
| 12/11/2015 | Price change | $699,900-3.4%$172/sqft |
Source: Coldwell Banker Residential Real Estate - Destin / 30A #738339 Report a problem | ||
| 7/4/2015 | Price change | $724,500-3.3%$178/sqft |
Source: RE/MAX PARADISE PROPERTIES #704398 Report a problem | ||
| 5/1/2014 | Listed for sale | $749,500+19.9%$185/sqft |
Source: RE/MAX PARADISE PROPERTIES #704398 Report a problem | ||
| 2/28/2011 | Sold | $625,000-21.9%$154/sqft |
Source: Public Record Report a problem | ||
| 8/11/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 8/10/2010 | Price change | $949,500+18.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 8/4/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 8/3/2010 | Price change | $949,500+18.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 8/1/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/30/2010 | Price change | $949,500+18.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/29/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/27/2010 | Price change | $949,500+18.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/25/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/18/2010 | Price change | $949,500+18.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/14/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/11/2010 | Price change | $949,500+18.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/10/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/9/2010 | Price change | $949,500+18.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/8/2010 | Price change | $799,900-15.8%$197/sqft |
Source: La Florida #516943 Report a problem | ||
| 7/7/2010 | Listed for sale | $949,500+11.7%$234/sqft |
Source: La Florida #516943 Report a problem | ||
| 1/24/2007 | Sold | $850,000-29.2%$209/sqft |
Source: Public Record Report a problem | ||
| 5/11/2005 | Sold | $1,200,000+585.7%$295/sqft |
Source: Public Record Report a problem | ||
| 6/11/2004 | Sold | $175,000+52.2%$43/sqft |
Source: Public Record Report a problem | ||
| 2/13/2003 | Sold | $115,000+79.7%$28/sqft |
Source: Public Record Report a problem | ||
| 4/4/2001 | Sold | $64,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 4.9 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.
Local experts in 32550
- Florida
- Walton County
- Miramar Beach
- 32550
- 40 Rue Caribe








