Ultra-luxe Caribe Destin Home for Sale

This modern Caribbean-styled home for sale in the exclusive gated residential community of Caribe is located at 296 Rue Caribe in Destin's Miramar Beach. It places its new owners in the proverbial “lap of luxury.” Vacation rentals are permitted in this sought-after beachfront neighborhood allowing this ultra-luxe home to serve as a lucrative vacation rental investment property.

The spacious home encompasses 3,605 square feet, four bedrooms, four luxury ensuite baths, and a half-bath powder room. It has just received extensive renovations, including a new roof, high-impact resistant windows and doors, a newly constructed two-car garage, updated bathrooms, a second primary suite, and a state-of-the-art gourmet kitchen.

As soon as you approach the lushly landscaped regal gated entrance at Caribe off Emerald Coast Parkway, you know you are arriving someplace special. This lavish residential enclave pampers its owners and fortunate beach-going guests with loads of amenities. They include two palatial community swimming pools with restroom facilities, tennis courts, a pier that juts out into a lovely lagoon, and of course, the bright, beautiful private beach. Rue Caribe Drive leads down from the gate past the large lagoon to the shimmering crystalline white shoreline a very short distance away. The home has incredible views of the lagoon, adorned with a fountain and uplighted at night.

A square columned front porch behind a trio of towering palm trees overlooks the sparkling scenery and bids welcome to this gracious property. A charming antique brick walkway connects to the front gate in the yard and off to the mosaic-like paver stone driveway that leads to a rear garage.

Once inside, you are instantly awed by the stunning bright white interiors, including a dramatic two-story foyer. Ten-foot tall white beamed ceilings and beach-washed hardwood flooring highlight the interior space.

The open living area features a large arched glass door portal that overlooks the lovely waterfront. This room includes a gas fireplace and a large flat-screen TV above an antique mirrored glass front cabinet. A white couch flanked by sleek black shade lamps and two tall chic armchairs have views of the TV along with the lagoon. An elegant antique white pedestal-based dining table nearby includes four matching chairs with decorative carved backs and regal blue cushioned seats. The half-bath powder room off the living area features a vibrantly colorful look with vivid designer wallpaper.

The large open kitchen is a chef’s dream! It includes top-of-the-line appliances, white custom cabinetry, an extra-large kitchen island, and four raised bamboo-framed cushioned chairs. The appliances include a stunning royal blue and brass-trimmed La Cornue gas range top with a double oven which provides a striking contrast against the white cabinetry. A large side-by-side refrigerator freezer has custom doors that blend seamlessly.

A formal dining room off the open entry foyer includes custom-built white cabinetry, a round table surrounded by stylish high-backed chairs, a beaded chandelier, and a large window overlooking the lagoon.

The primary bedroom suite on the first level has a stately look with wide white paneled walls and a king-size bed with a rustic Tuscan-style headboard. It is flanked by matching bedside tables adorned with elegant lamps. A gleaming white custom-built dresser includes a desk at one end.

The expansive ensuite primary bath includes a large walk-in closet with organizers, cabinetry, and a separate mirrored vanity dressing table. The main bath has individual vanity sinks, a private toilet closet, and a unique glass-walled walk-in shower with a deep soaking tub.

A staircase showcasing a colorful inlay of decorative tile off the foyer leads to an upper bridge landing with views down below. It connects to another primary bedroom suite and two spacious guest quarters.

The second primary suite includes a palatial bed framed against a palm frond print wall, a mirrored vanity table lighted with a drape-beaded chandelier, and a hallway nook leading to the bath with a small refrigerator and coffee maker.

The chic bath includes black-white patterned tile flooring, double vanity sinks, a free-standing soaking tub, and a unique black windowpane glass wall shower.

The two guest bedrooms both have king-size beds and luxury ensuite baths with walk-in showers. One bedroom has tropically inspired furnishings, while the other is styled with a cool coastal look.

This wonderful privileged world of its own is surprisingly close to dining, shopping, and abundant amusements in the heart of Miramar Beach. This fantastic convenient location places you close to popular gulf front restaurants, grocery stores, and one of the nation’s largest discount designer centers, famously known as the Silver Sands Premium Outlets. Silver Sands is a highly acclaimed shopping destination that provides amazing bargains on world-class designer goods. Delightful diversions are also just minutes away at the enchanting Village of Baytowne Wharf and tropically landscaped Sandestin town center of Grand Boulevard. Each features fun year-round festivals, vibrant holiday firework celebrations, unique family amusements, outdoor concerts, great restaurants, lively bars, specialty shops, fashion boutiques, fine clothiers, and galleries.

This completely renovated, opulent fashionable home is listed at $3,200,000, which comes in at $887.66 per square foot. Currently, there are only three other homes for sale in Caribe. One is a four-bedroom home with 2,742 square feet listed at $1,995,000. The second is a new six-bedroom residence with 4,339 square feet listed at $2,795,000. Finally, the third home is a five-bedroom beachfront mansion with 5,645 square feet listed at $6,350,000. The average list price for these three properties is $875.37 per square foot.

If you are interested in touring this incredible home, contact Ocean Reef Real Estate Sales at 877-392-6085. We will provide you with a comparative market analysis that includes the three other homes for sale in Caribe, any pending contracts, and all that have sold here within the past twelve months. We will also provide annual gross rental income data for comparable vacation homes in Miramar Beach from our acclaimed Ocean Reef Resorts vacation rental management team. We will ensure you are fully informed while on your private tour of this luxury Miramar Beach home for sale.