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Property Description
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.
Full Property Details
Full Property Details for 40 Rue Caribe
General
- Price: $3,099,000
- Taxes: $13,936 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 990157
- Updated: 5/13/2026
- Added to Site: 192 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Beach, Deed Access, Gated Community, Pets Allowed, Pool, Tennis, Waterfront
Interior
- Number of Rooms: 15
- Interior Features: Ceiling Vaulted, Newly Painted
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Security System, Smoke Detector, Washer, Water Heater - Tnkls
- Furnishings: Furnished - Some
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, Sprinkler System
- Porch/Patio/Deck: Patio Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
Location
- Area: 15 - Miramar/Sandestin Resort
- County: Walton
- Subdivision: CARIBE
- Driving Directions: From Silver Sands Outlets head east on US Hwy 98 for approximately half mile turn right at main entrance. Home is the 1st on the right
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Insurance, Legal, Management, Master Association, Security, Trash
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans
- Heating/Cooling: Ceiling Fans
Utilities
- Utility Description: Gas - Natural, Public Water
Structural Information
- Architectural Style: New Orleans
- Construction: Concrete
- Exterior Const.: Concrete
- Stories/Levels: 3
- Square Feet: 4,062
- Sq. Ft. Source: County PA Records
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Dimensions: 99 x 112
- Zoning: City
- Fencing (Description): Fenced Privacy
Financial Considerations
- Assessment Amount: $2,100
- Tax Amount: $13,936.43
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 2 CARIBE S/D PB 8-21 OR 555-28 OR 2316-1439 OR 2472-1806 OR 2614-4546 OR 2668-4373 OR 2716-4197 OR 2748-2918 OR 2860-2186 OR 3022-2107
- APN: 27-2S-21-42800-000-0020
- Property ID: 27-2S-21-42800-000-0020
Listed by Compass
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Schools
Schools serving 40 Rue Caribe
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Van R. Butler Elementary School 6694 West County Highway 30A, Santa Rosa Beach, FL 32459 | K-5 | 4.9 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 13.6 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 9.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Rue Caribe
Date
Details
Price
Change
Source
5/13/2026
Price Reduced
$3,099,000
-1.59%
MLS
4/24/2026
Price Reduced
$3,149,000
-1.56%
MLS
4/13/2026
Price Reduced
$3,199,000
-3.03%
MLS
11/22/2025
Listed
$3,299,000
407.54%
MLS
9/30/2016
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Rue Caribe
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,317
—
$1,620,047
2%
2024
$13,317
5%
$1,592,222
—
2023
$12,672
30%
$1,595,937
58%
2021
$9,753
-18%
$1,009,070
-32%
2022
$11,864
22%
$1,473,390
150%
2021
$9,753
68%
$590,020
1%
2019
$5,802
2%
$584,252
2%
2018
$5,698
-5%
$571,410
-5%
2017
$5,982
2%
$603,546
3%
2016
$5,866
7%
$587,752
7%
2015
$5,484
10%
$546,790
13%
2014
$4,980
-1%
$483,036
-1%
2013
$5,047
—
$486,516
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Rue Caribe
40 Rue Caribe, Miramar Beach, FL 32550 (MLS# 990157) is a Single Family property with 4 bedrooms and 4 full bathrooms. 40 Rue Caribe is currently listed for $3,099,000 and was received on November 22, 2025. Want to learn more about 40 Rue Caribe? Do you have questions about finding other Single Family real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.

