115 Log Landing Street
About This Property
This Draper II plan opens through a wide sliding door in the main living area that frames the pool and preserve beyond. Outside, a 14x27 pool with a sun shelf anchors an expansive paver patio, set behind a privacy fence with mature pines rising past the back line. A screened porch with motorized screens - accessed off the kitchen - extends the living space and makes daily outdoor use practical year-round.
One of the highlights of the home is the kitchen - open, light, and positioned to take advantage of the pool view through the rear sliders. Quartz island, Bosch stainless, gas range, and wood cabinetry give it the kind of finish you'd expect at this price point without feeling overdone. Luxury vinyl flooring runs throughout, and the closets are built out across the bedrooms.
The floor plan puts the primary suite on the main level, with three more bedrooms and a second living space upstairs - a layout that works equally well for full-time families and for hosting guests. At 2,220 square feet, the home includes 4 bedrooms, 3.5 baths, and a 2-car garage.
Exterior details reflect the same attention throughout: heirloom brick, bronze windows, and rain gutters. Watersound Origins offers an unparalleled coastal lifestyle with access to a state-of-the-art fitness center, seasonally heated community pool, Lake Powell dock access with community kayaks and canoes, an executive golf course, tennis & pickleball courts, and miles of scenic trails. For the ultimate beach experience, owners can join the St. Joe Beach Club, unlocking private beach access, multiple pools, Gulf-front dining, and exclusive golf courses (Camp Creek, Watersound III & Shark's Tooth).
Ideally located just minutes from the new Publix town center, Scenic Highway 30A's top restaurants, boutiques, and year-round events, this one-of-a-kind property offers a rare opportunity for resort-style living in a prime location.
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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 30, 2026 | Sold | ||
| Sold | |||
| May 31, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Christies International Real Estate Emerald Coast | $1,199,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Dec 30, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017