186 Grande Pointe Circle
About This Property
Listed By
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 |
|---|---|---|---|
| Jul 28, 2026 | Listed by 1 Percent Lists Florida Coast | $1,299,000 | |
| Listed by 1 Percent Lists Florida Coast | |||
| Jul 3, 2026 | Price Decreased |
$1,299,999
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$1,349,999
↓ $25K
(1.8%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$1,375,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by Rising Star Real Estate Inc | $1,400,000 | |
| Listed by Rising Star Real Estate Inc | |||
| |||
|
Located in the highly desirable Grande Pointe neighborhood of Inlet Beach, this 5 bedroom, 3 bathroom home offers strong, established short-term rental performance along with additional upside potential. The property generated over $95,000 in rental revenue in 2025, with more than $50,000 currently on the books, providing immediate income for a future owner.
Situated on a premium preserve-backed lot, the home is designed for both everyday living and rental functionality. The home comes fully furnished and features include two levels of screened porches, a whole-home Generac generator, top-of-the-line KitchenAid appliances, custom lighting, and blackout shades throughout. Grande Pointe offers a unique combination of amenities and natural surroundings, including private access to Lake Powell, the largest coastal dune lake in North America, ideal for kayaking and paddleboarding. The community also features a resort-style pool and dock for owners and guests to enjoy.
The home is conveniently located near public beach access, as well as nearby shopping and dining in Inlet Beach and Rosemary Beach. A new pedestrian tunnel currently under construction is expected to enhance connectivity to 30A and surrounding areas.
With documented rental history, existing future bookings, and a location in one of the fastest-growing areas along the 30A corridor, this property presents a compelling opportunity for those seeking a primary residence, second home, or income-producing property.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017