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For sale
    • Price cut: $100K (6/22)
    $1,499,000

    338 Rue Caribe, Miramar Beach, FL 32550

    4beds
    3,700sqft
    : 
    $8,662/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    6,098 Square Feet Lot
    $1,444,800 Zestimate®
    $405/sqft
    $-- HOA

    What's special

    Back on Market at no fault of the seller. 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.
    161 days
    |
    1,045
    |
    54
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Corey C Ledbetter corey@scenicsir.com,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 996355MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: Second
      • Area: 400 Square Feet
      • Dimensions: 20 x 20
      Bedroom
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 12 x 15
      Bedroom
      • Level: First
      • Area: 224 Square Feet
      • Dimensions: 14 x 16
      Bedroom
      • Description: Bunk room
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Primary bathroom
      • Level: Second
      • Area: 120 Square Feet
      • Dimensions: 12 x 10
      Bathroom
      • Level: First
      • Area: 80 Square Feet
      • Dimensions: 8 x 10
      Bathroom
      • Level: First
      • Area: 60 Square Feet
      • Dimensions: 6 x 10
      Dining room
      • Level: Second
      • Area: 180 Square Feet
      • Dimensions: 15 x 12
      Kitchen
      • Level: Second
      • Area: 196 Square Feet
      • Dimensions: 14 x 14
      Living room
      • Level: Second
      • Area: 720 Square Feet
      • Dimensions: 40 x 18
      Loft
      • Level: Third
      • Area: 440 Square Feet
      • Dimensions: 22 x 20
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Bookcases, Crown Molding, Recessed Lighting, Shelving
      • Flooring: Tile
      • Windows: Window Treatments
      • Attic: Pull Down Stairs
      • Has fireplace: Yes
      • Fireplace features: Gas
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,700
      • Total interior livable area: 3,700 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached Carport, Oversized, Carport
      • Carport spaces: 1
      Features
      • Stories: 3
      • Patio & porch: Deck, Patio, Porch
      • Exterior features: Balcony, Columns, Outdoor Shower, Sprinkler System
      • On waterfront: Yes
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 60 x 97 x 63 x 97
      • Features: Covenants, Cul-De-Sac, Restrictions, Sidewalk, Within 1/2 Mile to Water
      Details
      • Parcel number: 272S21428000000280
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Siding CmntFbrHrdBrd
      • Roof: Metal
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Deed Access, Gated, Minimum Rental Prd, Pavillion/Gazebo, Pool, TV Cable, Tennis Court(s), Waterfront, Pickleball, Short Term Rental - Allowed
      • Security: Security System, Smoke Detector(s)
      • Subdivision: CARIBE
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Legal, Management, Recreational Faclty, Security
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $405/sqft
      • Tax assessed value: $1,373,603
      • Annual tax amount: $12,278
      • Date on market: 7/29/2026
      • Road surface type: Paved

        Estimated market value

        $1,444,800

        $1.37M - $1.52M

        $6,668/mo

        Price history

        DateEventPrice
        7/29/2026Listed for sale$1,499,000$405/sqft
        Source: ECAOR #996355 Report a problem
        7/23/2026Pending sale$1,499,000$405/sqft
        Source: ECAOR #996355 Report a problem
        6/22/2026Price change$1,499,000-6.3%$405/sqft
        Source: ECAOR #996355 Report a problem
        5/22/2026Price change$1,599,000-5.9%$432/sqft
        Source: ECAOR #996355 Report a problem
        2/26/2026Listed for sale$1,699,000-1.5%$459/sqft
        Source: ECAOR #996355 Report a problem
        1/9/2026Listing removed$1,725,000$466/sqft
        Source: ECAOR #970911 Report a problem
        11/10/2025Price change$1,725,000-12.7%$466/sqft
        Source: ECAOR #970911 Report a problem
        3/12/2025Listed for sale$1,975,000$534/sqft
        Source: ECAOR #970911 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,278 +3.4%$1,345,709 +10%
        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%
        2021$8,897 +2.5%$919,137 +5.7%
        2020$8,684 +3.1%$869,949 +2.5%
        2019$8,425 $848,342 +3%
        2018$8,425 +2.6%$823,865 -4.2%
        2017$8,215 -3.6%$859,947 +1.9%
        2016$8,523 +2.4%$843,778 +6.6%
        2015$8,326 +6.5%$791,227 +16.8%
        2014$7,820 $677,181 -0.8%
        2013-- $682,787 -0.8%
        2012-- $688,394 -10%
        2011-- $764,643 -1.2%
        2010-- $774,170 -13.1%
        2009-- $890,891 -14.6%
        2008-- $1,043,687 -19.3%
        2007-- $1,293,752 +33.5%
        2005-- $969,213 +35.3%
        2004-- $716,575 +23.6%
        2003-- $579,845 +8%
        2002-- $536,678 +6%
        2001-- $506,248
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32550

        Getting around

        23 / 100
        Car-Dependent
        35 / 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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