1625 San Giovanni Drive
About This Property
This thoughtfully designed floor plan lives mostly on the first floor, centered around a bright, open living space where travertine floors, high coffered ceilings, and French doors create a relaxed yet refined atmosphere. The kitchen, outfitted with stainless steel appliances and abundant storage, flows seamlessly into the living and dining areas, all overlooking the pool, lake, and Baytowne Golf Course beyond. The screened-in outdoor area is a true retreat, with a sparkling pool, hot tub, covered patio, and cozy gas fireplace, perfect for year-round enjoyment. Fruit trees, potted plants, and lakeside views complete the lush Mediterranean feel.
The oversized primary suite features private pool access, dual closets, and a spacious bath with a soaking tub and separate shower. A second guest room and office are also conveniently located on the first level, with two additional bedrooms upstairs for family or guests.
A two-car garage plus golf cart bay provides plenty of room for storage and adventure, whether heading out to explore the resort's world-class amenities or the nearby Grand Boulevard Town Center. Owners at Sandestin enjoy access to four championship golf courses, tennis and pickleball courts, miles of biking and hiking trails, a 210-slip full-service marina, and the vibrant Baytowne Wharf for dining, shopping, and entertainment. Grand Boulevard, with its array of shops, upscale restaurants, movie theater, coffee shops, and Publix, is just a short golf cart ride away.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 20, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Price Decreased |
$1,595,000
↓ $195K
(10.9%) | |
| Price Decreased | |||
| Jun 4, 2025 | Price Decreased |
$1,790,000
↓ $35K
(1.9%) | |
| Price Decreased | |||
| May 1, 2025 | Listed by Compass | $1,825,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017