101 OCEAN WAY N
About This Property
Boasting an open-concept design, the spacious floor plan features 6 bedrooms and 6 bathrooms, including private en-suites for every room. The top-floor primary suite is a retreat of its own, complete with a private balcony to greet the sunrise with your morning coffee. Multiple covered balconies provide breathtaking lake views, while expansive sliding glass doors connect indoor living to the screened-in pool and spa-ideal for seamless entertaining.
Whether you're building memories with family or seeking a high-return short-term rental, this home checks every box. Cinnamon Beach offers amazing amenities like, Clubhouse with grille and bar, Fitness center, Oceanfront and lakeside pools, Splash pad and more!
Don't miss your chance to own a piece of Florida paradise. Schedule your private tour today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Listed by HAMMOCK REAL ESTATE GROUP | $1,599,000 | |
| Listed by HAMMOCK REAL ESTATE GROUP | |||
| Nov 1, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 21, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017