Lot 9 Native Tree Lane
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | Listed by Christies International Real Estate Emerald Coast | $2,910,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
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Rare opportunity to own 0.88± acres on Native Tree Lane in Santa Rosa Beach, offering two adjoining homesites sold together in the established Choctawhatchee Beach community. With 160 feet of combined frontage and generous depth, this expansive parcel provides flexibility to build a custom primary residence, coastal retreat, or family compound on Florida's sought-after Emerald Coast. Tucked into a quiet, tree-lined setting north of Scenic Highway 30A, the property offers convenient access to the Choctawhatchee Bay, Point Washington State Forest, world-class white sand beaches, and the shops and restaurants of 30A. Parcel ID 27-2S-19-24030-00F-0070. Buyer to verify all lot dimensions, utilities, zoning, and intended use with Walton County.
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Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1001468
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