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2021 Pine Island Circle
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$769,000
↓ $11K
(1.4%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by NextHome Emerald Coast | $780,000 | |
| Listed by NextHome Emerald Coast | |||
| Jul 21, 2025 | Listed | $799,000 | |
| Listed | |||
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Beautiful furnished home inside and out! 2nd largest floorplan in Crystal Lake Phase 2. Travertine & hardwood floors throughout, granite and stainless steel appliances in the kitchen. The large downstairs master suite has a king bed, master bath has a separate shower, garden tub, double sink vanity and a very large closet. Two oversized gorgeous upstairs guest bedrooms, 1 w/a king bed the other w/a queen. There is an upstairs niche with a charming twin bed, privacy curtains, & a small office nook. There are 3 patio/deck areas, one is screened with privacy curtains.
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| Jul 1, 2025 | Price Decreased |
$799,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| May 3, 2025 | Listed | $829,000 | |
| Listed | |||
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Welcome to 2021 Pine Island Circle, a beautifully furnished home located in the highly sought-after Crystal Lake community within Sandestin Resort in Miramar Beach, Florida. This elegant Florida cottage offers a spacious 2,180 square feet of living space. Built in 2001, the home has been thoughtfully maintained, showcasing luxurious details like travertine and hardwood flooring, crown molding, and recessed lighting that complement its coastal charm. The open-concept layout features a gourmet kitchen with granite countertops, stainless steel appliances, and a breakfast bar, making it perfect for both everyday living and entertaining. The large first-floor master suite is a peaceful retreat, complete with a walk-in closet, and a spa-like bathroom featuring a garden tub, separate shower, and double vanity. Upstairs, you'll find two generously sized guest bedrooms. Outdoor living is just as inviting, with three distinct patio and deck areas, including a screened-in porch with privacy curtains that's ideal for relaxing or hosting guests. This home also includes a laundry room, abundant storage, and is offered fully furnished for immediate enjoyment. Situated in a gated community, residents enjoy access to a wide range of resort amenities including a community pool, golf course, tennis and pickleball courts, a marina, playground, and 24-hour security. The HOA fee includes cable, trash service, and maintenance of common areas. Please note, short-term rentals are not permitted in this part of Crystal Lake, ensuring a quiet, residential atmosphere.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017