154 Charming Way
About This Property
Located less than half a mile from Scenic Highway 30A and Dune Allen Regional Beach Access, this customizable coastal retreat offers an exceptional opportunity to enjoy the best of the 30A lifestyle. Tucked away in The Reserves in Serenity at Dune Allen, a new 30+ day rental-restricted community, the home offers a peaceful residential setting while keeping you close to the beach, dining, shopping, and entertainment.
Thoughtfully designed for comfort, flexibility, and entertaining, the home features four generously sized bedrooms, each with its own ensuite bathroom, along with multiple bonus living spaces ideal for family and guests.
The first floor welcomes you with an open-concept layout featuring a gourmet kitchen, dining area, expansive great room, guest bedroom with a full ensuite bath, convenient half bath, and covered front porch. The second floor offers three additional king-sized bedrooms, each with a private ensuite bath, plus a versatile loft perfect for relaxing or gathering.
The third floor is dedicated to an expansive bunk and game room featuring four queen-over-queen bunk beds, creating an incredible bonus space for entertaining, game nights, and accommodating additional guests. The third floor also includes a full bathroom with a double vanity, a convenient wet bar, and an expansive balcony ideal for relaxing and enjoying the coastal surroundings. With the opportunity to customize select features and finishes, you can tailor this coastal home to complement your needs, preferences, and lifestyle.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Listed by Keller Williams Realty Destin | $1,695,000 | |
| Listed by Keller Williams Realty Destin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017