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For sale
    • Price cut: $50K (3/20)
    $3,199,000

    40 Rue Caribe, Miramar Beach, FL 32550

    4beds
    4,062sqft
    : 
    Single Family Residence
    Built in 2004
    0.27 Acres Lot
    $2,954,600 Zestimate®
    $788/sqft
    $-- 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.
    128 days
    |
    454
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 09:04am

    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: 6
      • 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
      • Services included: Insurance, Legal, Management, Security, Trash
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $788/sqft
      • Tax assessed value: $1,592,222
      • Annual tax amount: $13,936
      • Date on market: 11/22/2025
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        Estimated market value

        $2,954,600

        $2.81M - $3.10M

        $7,769/mo

        Price history

        Price history
        DateEventPrice
        3/20/2026Price change$3,199,000-1.5%$788/sqft
        Source: ECAOR #990157 Report a problem
        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
        7/8/2010Listed for sale$799,900-5.9%$197/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
        $18,846/mo
        Principal & interest
        $16367
        Property taxes
        $2479
        More affordability tools

          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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