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1654 Saint Lawrence Drive
About This Property
Designed intentionally to maximize its pristine surroundings, this home offers panoramic views and a lifestyle of coastal luxury. The thoughtful reverse floor plan elevates the main living spaces to the second level, framing stunning, elevated views of the water. Just off the chef's kitchen, a sophisticated custom wine cellar stands out as one of the home's many premium upgrades. Step outside onto the expansive, wrap-around balcony to enjoy gentle bayou breezes, or retreat to the shaded lower-level porch that mirrors the home's grand exterior footprint.
The first level serves as a private, quiet sanctuary. It houses a spacious primary suite, a dedicated home office, and two additional guest bedrooms. For the boating enthusiast, your private dock--completely redone and expanded in 2020--leads directly to a deep-water slip fully equipped with dedicated water and electricity.
Combining high-end luxury with mechanical integrity, the property features a brand-new roof (2026), a dual HVAC system with one unit newly replaced in 2026, and a Level II EV charging station in the garage. Located in The Parish--an exclusive, highly sought-after private neighborhood enclave in Niceville, FL--this exceptional waterfront opportunity awaits you.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017