New Listing
3203 Bay Estates Circle, Miramar Beach
$3,750,000 - 6 Beds, 6 Baths, 6,391 Sf
MLS® # 1002691
40 Rue Caribe, Miramar Beach
$3,149,000
4 Beds
4 Baths
4,062 Sqft
.27 Acre
2 Garages
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.
Essential Information
MLS® #990157
Price$3,149,000
Bedrooms4
Bathrooms4.00
Full Baths4
Square Footage4,062
Acres0.27
Year Built2004
TypeResidential
Sub-TypeDetached Single Family
StyleNew Orleans
StatusActive
Community Information
Address40 Rue Caribe
Area15 - Miramar/Sandestin Resort
SubdivisionCARIBE
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
UtilitiesGas - Natural, Public Water
# of Garages2
Has PoolYes
PoolHeated, In Ground
Interior
HeatingGas - Natural
CoolingCeiling Fan(s)
FireplaceYes
FireplacesFireplace Gas
# of Stories3
Interior Features
Vaulted Ceiling(s), Newly Painted
Appliances
Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Tankless Water Heater
Exterior
Exterior FeaturesBalcony, Sprinkler System
WindowsWindow Treatments
ConstructionConcrete
School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
ZoningCity
Listing Details
OfficeCompass
Property History
Price Reduced from $3,199,000 to $3,149,000
Price Reduced from $3,249,000 to $3,199,000
Price Reduced from $3,299,000 to $3,249,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on May 12th, 2026 at 10:08am CDT.
