51
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180 Bonaire Boulevard
About This Property
Vaulted ceilings elevate the open-concept living area, where a gas fireplace serves as a warm focal point. French doors on either side open into a heated and cooled Florida room with new windows installed in 2019, providing a versatile space to enjoy throughout every season. The adjoining dining room flows naturally into the spacious kitchen, featuring a large center island, hard-surface countertops, an undermount sink, stainless steel appliances, tile backsplash, pantry and abundant cabinet storage.
Designed with a desirable split-bedroom floor plan, the primary suite enjoys privacy on one side of the home, while two guest bedrooms, a full bath and the laundry room occupy the opposite wing. Matching luxury vinyl plank flooring extends throughout the residence, complemented by generous closet space and tub-shower combinations in both bathrooms. The guest bath has been refreshed with a new vanity, while the attached two-car garage offers additional attic storage. The approximately quarter-acre homesite is among the largest in the community, offering a spacious fenced backyard, mature privacy, an expansive driveway, covered front porch and fresh landscaping. Recent improvements include a new HVAC system installed in May 2026, a new roof in 2020, a hurricane-rated garage door installed in 2019, a 2018 water heater and an active termite bond for added peace of mind. Furnishings, along with the washer and dryer, are negotiable.
Residents enjoy an exceptional collection of community amenities including a bayfront dock, swimming pool, tennis courts, park and pavilion. Just outside the neighborhood, a nearby bayfront county park offers a public boat launch, pickleball courts and a playground for even more outdoor recreation. Conveniently located near Sandestin Golf & Beach Resort, Silver Sands Premium Outlets, Destin Commons, dining, entertainment and the sugar-white beaches of the Emerald Coast, this home offers an easy, low-maintenance coastal lifestyle in a peaceful setting.
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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