119 Gustaf Drive
About This Property
Interior highlights include engineered hardwood flooring, granite countertops, stainless steel appliances, upgraded cabinetry, crown molding, and a spacious primary suite. The primary bathroom has been tastefully renovated with updated flooring, a beautifully tiled walk-in shower with rain head, and a freestanding soaking tub that creates a true retreat feel. Additional improvements include updated lighting, custom shelving and storage in the laundry room, a custom-designed primary closet, added garage cabinetry, a new roof (2024), impact windows (2022), and HVAC system (2023).
The living area has also been enhanced with a newly added electric fireplace and mantle, creating a warm and inviting focal point. Step outside to enjoy the fenced backyard designed for relaxing and entertaining, complete with pavers, a pergola, outdoor fireplace, and raised garden area.
Harstvedt Plantation is a well-established community with a low HOA fee and is located in an X flood zone, meaning flood insurance is not currently required. Conveniently situated within walking distance to the bay and just minutes from Pilcher Park and the Cessna Landing boat ramps, this location also provides easy access to the shopping, dining, and entertainment of 30A and South Walton.
Schedule your private showing today and experience everything this exceptional property has to offer.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$465,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Keller Williams Realty Emerald | $470,000 | |
| Listed by Keller Williams Realty Emerald | |||
| Apr 6, 2022 | No longer available | - | |
| No longer available | |||
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Mar 5, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017