1235 Allen Loop Drive
About This Property
oriented perfectly and only approximately 250' to the world-class, Caribbean-like beaches indicative of the ecological treasure trove 30A has to offer. The beach access is public and maintained by Walton County. Oyster Lake, a rare Coastal Dune Lake that is only a stone's throw away, the likes of which can be discovered in only five countries around the globe, can be admired from the rooftop terrace as you also enjoy the sensational sunsets and fabulous views of the Emerald Green Gulf waters reflecting beautifully from the sugary-white beach (Quartz sand) atop your family's private enclave.
The home design and its engineering is state of the art, as the seller has and continues to commit exceptional passion and pride of ownership. The site will accommodate at least 13 cars, partly covered inside 3 enclosed garages; additionally, a concrete pad site that could accommodate a large motorcoach or up to a 40' boat/trailer.
Handicap accessible features, including ramps and an elevator that services three floors, will broaden your ability to offer the utmost conveniences to your family and guests. All four floors, which include the rooftop terrace, are accessible from internal stairs, as well as an external stair structure. Should expansion be of interest, the garage level is constructed and insulated to cost-effectively accommodate more bedrooms and living areas.
Located on the West end of the Scenic 30A corridor, this location is undeniably most convenient to South Walton County's most favored commercial conveniences, shopping & restaurant districts, such as Grand Boulevard, Sacred Heart Hospital, and a phenomenal state park known as Topsail State Park, which offered guests 1,600 acres of indigenous forest, 3-miles of native, protected beach, and hiking & biking trails.
Please inquire for further details and to schedule a private showing.
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Price Decreased |
$2,590,000
↓ $5K
(0.2%) | |
| Price Decreased | |||
| Aug 19, 2025 | Relisted | $2,595,000 | |
| Relisted | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017