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1430 Addie Drive
About This Property
Experience refined luxury and exceptional craftsmanship in this stunning, brand-new 2026 custom Randy Wise home, nestled within the coveted gated community of Addie's Place in Bluewater Bay. Featuring the beautifully designed Elizabeth floor plan, this exquisite all-brick residence offers 3 bedrooms, 2.5 bathrooms, and the effortless convenience of single-story living, seamlessly blending timeless elegance with modern sophistication.
Every element of this home has been carefully curated and thoughtfully designed, showcasing an impeccable selection of high-end finishes, designer lighting, and sophisticated details. Gorgeous hardwood flooring, beautifully curated cabinetry, elegant stone countertops, and designer tile selections in the bathrooms create a cohesive and elevated aesthetic throughout. A soft, neutral color palette, abundant natural light, and thoughtfully placed recessed lighting enhance the home's bright, airy atmosphere while creating a sense of warmth and understated luxury.
The beautifully appointed kitchen is a true centerpiece of the home, featuring high-end Frigidaire appliances, a gas range with vent hood, elegant stone countertops, and thoughtfully curated cabinetry. Blending sophisticated design with everyday functionality, this exceptional space is equally suited for preparing meals and entertaining guests. The desirable split-bedroom floor plan offers both privacy and functionality, designed for comfortable everyday living and effortless entertaining. Modern conveniences, including a tankless water heater, complement the home's exceptional craftsmanship and design.
Step outside to an extended covered patio offering a private retreat for relaxing or entertaining. Thoughtfully designed to extend the home's living space outdoors, this area features built-in speakers, dual ceiling fans, and wiring for outdoor entertainment, creating the perfect setting for hosting gatherings, enjoying quiet evenings, or simply embracing the Florida lifestyle year-round.
This residence reflects a commitment to quality and timeless appeal. Ideally situated within the desirable gated enclave of Addie's Place, the home enjoys a prime Bluewater Bay location conveniently walkable to shopping, dining, and golf. Multiple military bases and the beautiful beaches of the Emerald Coast are a short distance away.
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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 22, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2026 | Listed by Carriage Hills Realty Inc | $759,000 | |
| Listed by Carriage Hills Realty Inc | |||
| Oct 13, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | Listed by Randy Wise Realty LLC | $762,900 | |
| Listed by Randy Wise Realty LLC | |||
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Discover the Elizabeth Plan in Addie's Place, where timeless brick architecture meets modern comfort. This 2,141 sq. ft. home offers 3 bedrooms, 2.5 baths, and a 2-car garage. The open layout features spacious family room flowing into the dining area and gourmet kitchen with custom cabinetry and quartz countertops. The owner's suite includes dual vanities, a walk-in shower, and a large closet. A covered rear porch extends outdoor living, and the brick exterior provides lasting curb appeal. Located in desirable Bluewater Bay, close to schools, shopping, dining, and Emerald Coast beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017