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Dream Destin Realty

Miramar Beach · Condo Building

Caribe Condos for Sale

One hundred twenty homesites recorded across two adjoining plats on Rue Caribe and Rue Martine in Miramar Beach, governed since 1988 by a single association, on ground the federal map grades from coastal high hazard at the south end to minimal hazard at the north.

Updated

Ask About CaribeMarket AnalyticsAll Miramar Beach Buildings

1995

Year Built

No

Gulf Front

Year built, floor and unit figures are as published by the sources cited at the foot of this page. Confirm them against the association's own documents during diligence.

About Caribe

Two plats, one corporation, and a flood map that changes twice over a quarter of a mile: that is Caribe on the record. The county assesses one hundred twenty homesites here, sixty in Caribe subdivision at plat book 8, page 21, and sixty in Caribe West at plat book 9, page 31, an even division that the recorded names alone will not give you because several of them run past the length the roll prints. The plats are separate but the governing body is not. The Neighborhood of Caribe Association, Inc. has been on the state register since December 27, 1988 and holds recorded common area on both, so the second name describes when ground was platted rather than a second community. Because these are assessed as single-family lots, the roll carries an actual year built for every improved one, and it tells a thirty-five year story rather than a decade's: one hundred two houses finished between 1989 and 2023, 1995 the busiest at ten, and eighteen parcels still unbuilt. Living areas run from about 1,597 to 6,177 square feet with the middle near 3,260, on ground from 4,153 to 21,039 square feet. The largest lots are the southern tier, and nothing else of record stands between them and the water. That tier is also where the federal map assigns coastal high hazard at base flood elevations of eleven, twelve and fifteen feet, while the far end of the same neighborhood reads minimal hazard.

HOA & Fees

What is the HOA fee at Caribe?

As of November 11, 2026, the 4 Caribe condos for sale that report a fee on the MLS list an HOA fee of $400 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.

Based on 4 active MLS listings that report an HOA fee. Fees billed quarterly, twice a year or yearly are shown as a monthly equivalent. See the listings

One corporation covers both plats, and its age is the useful fact. The Neighborhood of Caribe Association, Inc. was filed on December 27, 1988, weeks ahead of the earliest house on the roll, and it is still active with a current annual report. Its recorded common ground is modest, a handful of small parcels rather than an amenity estate, so establish what the assessment actually funds before assuming it funds much. Two further title facts belong in the same conversation. Walton County itself holds a portion of Lot 12 inside the older plat, about 8,504 square feet carried in the roll's vacant governmental class, and eighteen lots remain unbuilt, which keeps the architectural standards a live document rather than a historical one. Because these are single-family lots the condominium reserve provisions do not reach this budget; request the official records and reserve schedules under Florida's homeowners association statute instead.

Rental Policy

Short-term rentals: allowed. Confirm the current minimum stay and registration with the association.

Both Caribe plats answer to one association. Its recorded covenants and current rules settle guest use, and Walton County's registration rules apply too. Read today's text of each, not a summary. The southern tier at Caribe holds the last parcels before the water. The rest of the neighborhood sits well back. Any crossing to the beach lives in recorded papers and association rules. Get it in writing before setting guest plans.

  • Two recorded plats under one association
  • One hundred twenty homesites, eighteen still unbuilt
  • Southern tier lots are the last of record before the water
  • Living areas about 1,597 to 6,177 square feet

Live Inventory

Active Listings at Caribe

NewShort-Term Rental Eligible

$1,200,000

69 Rue Caribe

Miramar Beach, FL 32550

3 bd 2.5 ba 2,092 sqft
Short-Term Rental Eligible

$975,000

100 Rue Martine

Miramar Beach, FL 32550

4 bd 3 ba 1,945 sqft
Short-Term Rental Eligible

$889,000

9 Rue Martine

Miramar Beach, FL 32550

3 bd 2.5 ba 1,956 sqft
Price ReducedLuxuryShort-Term Rental Eligible

$1,699,000

27 Rue Martine

Miramar Beach, FL 32550

4 bd 3.5 ba 3,078 sqft

The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.

Building Answers

Caribe FAQ

How much is the HOA fee at Caribe?

As of November 11, 2026, the 4 Caribe condos for sale that report a fee on the MLS list an HOA fee of $400 a month. Fees vary with unit size and type, so the fee for a specific residence is the one its listing and the association state.

Are Caribe and Caribe West two different communities?

They are two recorded plats, Caribe at plat book 8, page 21 and Caribe West at plat book 9, page 31, and they are the same size, sixty homesites apiece. One corporation covers both: The Neighborhood of Caribe Association, Inc. holds common area on each, so the second name reflects when that ground was platted rather than a separate governing body.

When were the houses at Caribe built?

Across thirty-five years. Because the county assesses these as single-family lots, its roll carries an actual year built for each improved parcel, and the hundred and two that exist span 1989 to 2023, with 1995 the most common at ten houses. Eighteen parcels are still unbuilt, one of them held by the county rather than by a private owner, so new construction can arrive.

Which flood zone is Caribe in?

More than one, and the differences are large. Laid against the parcel outlines, the southern tier is mapped as coastal high hazard at base flood elevations of eleven, twelve and fifteen feet, and everything north of it reads Zone X, part as an area of minimal flood hazard and part as the 0.2 percent annual chance band. Eight of the hundred and twenty homesites carry any special flood hazard ground at all. Confirm the mapping for a specific parcel, never for the name.

Sources

Other Miramar Beach Condo Buildings

Miramar Beach Communities

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