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146 Parkshore Drive
About This Property
The home's soft seafoam exterior, crisp white trim, white picket fencing and brick-paved approach create classic Carillon curb appeal, while the covered front porch offers a welcoming place to enjoy morning coffee or unwind after a day at the beach. Inside, abundant windows bring in natural light, and hardwood flooring, crown molding and a fresh coastal palette give the interiors an easy, timeless feel. The open living and dining areas are designed for comfortable gathering, while the kitchen offers ample cabinetry, stainless appliances and a practical layout for everyday living or vacation stays. A first-floor bedroom adds flexibility, and the spacious bunk room expands sleeping capacity for family and guests.
Carillon Beach is prized for its gated setting and approximately 3,900 linear feet of sugar-white Gulf shoreline. From Lily Pad, owners and guests can enjoy convenient access to beach walkovers, community pools, tennis and pickleball courts, basketball, a playground, walking paths and golf-cart-friendly streets. The neighborhood is also bordered by Lake Powell and lies near Camp Helen State Park, creating a distinctive setting that feels removed from the bustle while still offering easy access to dining, shopping and the 30A corridor.
For buyers seeking a second home, vacation retreat or rental investment, Lily Pad offers a versatile opportunity in one of the Emerald Coast's most distinctive coastal communities. Spend peak season enjoying the income potential of a vacation rental, reserve your favorite weeks for family traditions, or make this charming cottage your own private beach escape. With its appealing location, flexible floor plan and sought-after Carillon Beach lifestyle, 146 Parkshore Drive is ready for its next chapter.
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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 21, 2026 | Price Decreased |
$1,400,000
↓ $129K
(8.4%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by Coastal Realty Group | $1,529,000 | |
| Listed by Coastal Realty Group | |||
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Coastal Realty Group | $1,120,000 | |
| Listed by Coastal Realty Group | |||
| Nov 5, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017