Meticulously maintained and thoughtfully updated, this home blends timeless craftsmanship with modern upgrades. A newly remodeled kitchen in 2023 sets the stage for effortless entertaining, while new fiberglass doors throughout the home in 2013, a new metal roof in 2010, and Azek decks added in 2011 ensure lasting durability. The widow's walk rebuild in 2025, and all-new shutters on the south facade in 2023 add both charm and resilience. Recent system upgrades include new exterior AC condensers in 2022, a new electrical panel in 2025 bringing the home up to current code, and new Carrier 14 SEER furnaces and AC in 2010. A bunk room addition in 2016 maximizes space, while exterior enhancements like a new lighting system in 2016 and rebuilt exterior stairs in 2013 elevate both form and function. Even the carport was covered with a metal roof in 2010, designed with practicality in mind.
As the first spec home in Caribe, this residence has deep roots in the community. Developed by Jim Adams, designed by renowned architect Tom Christ, and built by general contractor Ronnie Willis, it was constructed with unwavering integrity, "like a bomb shelter" as they put it. The 12-14 foot high utility room stands as a testament to its solid construction, weathering time and nature with ease. The home overlooks the neighborhood fountained lake and the private beach access boardwalk is located directly across from the home's front door on Rue Caribe, making it an easy walk to the beach. Nestled south of 98 in a gated community, this property is ideal as a primary home, second home or vacation rental. Caribe also has two community pools for its owners and guests. The property has never been rented, original owners, and no structural issues, just decades of care, thoughtful upgrades, and a home built to stand the test of time.
For sale
Price cut: $250K (11/10)
$1,725,000
338 Rue Caribe, Miramar Beach, FL 32550
4beds
3,600sqft
Est.:
Single Family Residence
Built in 1991
6,098.4 Square Feet Lot
$-- Zestimate®
$479/sqft
$350/mo HOA
What's special
Metal roofAzek decksNew exterior ac condensersNew electrical panelAll-new shuttersNewly remodeled kitchenFiberglass doors
- 292 days |
- 426 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: November 12, 2025 at 11:40pm
Listed by:
Corey C Ledbetter corey@scenicsir.com,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 970911
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: MBed Balcony, MBed Sitting Area
- Level: Second
Bedroom
- Level: First
Primary bathroom
- Features: Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile
Bathroom
- Level: First
Kitchen
- Level: Second
Living room
- Level: Second
Heating
- Electric
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator W/IceMk, Gas Range, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Bookcases, Crown Molding, Recessed Lighting, Shelving, Bedroom, Dining Room, Full Bathroom, Kitchen, Living Room, Loft, Master Bathroom, Master Bedroom
- Flooring: Tile
- Windows: Window Treatments
- Attic: Pull Down Stairs
- Has fireplace: Yes
- Fireplace features: Fireplace, Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Attached Carport, Oversized
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck Open, Patio Open, Porch, Porch Open
- Exterior features: Balcony, Columns, Outdoor Shower, Sprinkler System, Tennis
- Pool features: Community
- On waterfront: Yes
- Waterfront features: Beach, Waterfront
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 60 x 97 x 63 x 97
- Features: Controlled Access, Covenants, Cul-De-Sac, Restrictions, Sidewalk, Within 1/2 Mile to Water, Deed Access
Details
- Additional structures: Pavillion/Gazebo
- Parcel number: 272S21428000000280
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Siding CmntFbrHrdBrd, Stucco
- Roof: Metal
Condition
- Construction Complete
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Connected
Community & HOA
Community
- Features: Gated, Pickleball, Pool, TV Cable
- Security: Security System, Smoke Detector(s)
- Subdivision: Caribe
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Legal, Management, Master Association, Recreational Faclty, Security
- HOA fee: $2,100 semi-annually
Location
- Region: Miramar Beach
Financial & listing details
- Price per square foot: $479/sqft
- Tax assessed value: $1,387,597
- Annual tax amount: $11,878
- Date on market: 3/12/2025
- Cumulative days on market: 292 days
- Listing terms: Conventional,Other
- Lease term: Minimum Rental Prd
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$5,603/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Price change | $1,725,000-12.7%$479/sqft |
Source:  ECAOR #970911 Report a problem | ||
| 3/12/2025 | Listed for sale | $1,975,000$549/sqft |
Source: ECAOR #970911 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,879 +7.2% | $1,223,372 +10% |
| 2023 | $11,078 +5.5% | $1,112,156 +10% |
| 2022 | $10,502 +18% | $1,011,051 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,930/mo
Principal & interest
$8639
Property taxes
$1337
Other costs
$954
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.
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