41
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1948 Boardwalk Drive
About This Property
Designed for entertaining, the open-concept floor plan showcases spacious living & dining areas filled with natural light, while the gourmet kitchen features a breakfast bar, pantry, and abundant prep space. Coastal-inspired interiors create a relaxed yet sophisticated atmosphere throughout.
Step outside to enjoy tranquil canal and fountain views from the covered back patio or sip your morning coffee from the private balcony off the primary suite. Every detail invites you to embrace the resort lifestyle.
Additional features include a one-car garage with golf cart storage, a designated golf cart parking pad, and a double-width driveway offering ample parking for family and guests.
Located behind the gates of Sandestin Golf & Beach Resort, owners enjoy access to more than 2,400 acres of world-class amenities, including sugar-white beaches, championship golf, a full-service marina, tennis and pickleball courts, resort-style pools, waterfront dining, boutique shopping, entertainment, and miles of scenic walking and biking trails.
This residence offers the rare opportunity to own a fully furnished slice of paradise in one of the Emerald Coast's premier resorts!
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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