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100 Sunset Cove
About This Property
Inside, the home is filled with natural light and thoughtfully designed for both comfortable living and effortless entertaining. Multiple gathering areas, a cozy fireplace and entertaining area, and flexible spaces create a warm, inviting atmosphere throughout. Two additional living areas--the living room/flex space and formal dining room--could easily be converted into 4th and 5th bedrooms, home offices, or guest spaces as needed, offering outstanding versatility for changing lifestyles.
The private primary suite is enhanced by a bonus Four Seasons Sun Room that is heated and cooled, offering panoramic views of the lake and bay. This serene retreat is perfect for morning coffee, reading, relaxing, or creating an inspiring home office with a view.
Another notable feature is the expansive back porch spanning the full length of the home--an ideal place to enjoy morning coffee, sunset skies, and serene water views year-round. Whether entertaining guests or relaxing in private, the indoor-outdoor lifestyle here is unmatched.
Additional highlights include an oversized two-car garage featuring a bonus workbench and utility sink area, with flexible extra space that could also be utilized for golf cart parking, a home gym, or a dedicated workout area.
Living in Bluewater Bay means embracing an active Florida lifestyle with access to golf courses, tennis, pickleball, swimming pools, walking and biking paths, parks, marinas, and waterfront recreation--all just minutes from your door. Residents also enjoy access to the A+ rated schools of Niceville.
Ideally situated for military and defense professionals, the home is also convenient to Eglin Air Force Base, Hurlburt Field, Duke Field, Naval School Explosive Ordnance Disposal, and 7th Special Forces Group (Airborne), with shopping, dining, and the white-sand beaches of the Emerald Coast also within easy reach.
100 Sunset Cove offers the perfect blend of privacy, space, scenic beauty, and lifestyle amenities. Experience waterfront living where every day feels like a getaway.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by Compass | $735,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017