21 Magical Place
About This Property
Positioned just behind the iconic Stinky's Fish Camp and only a 1/4 mile from the Dune Allen public beach access, owners and guests can enjoy effortless days at the beach followed by evenings filled with fresh seafood and the laid-back atmosphere that makes 30A so special. The community pool is conveniently located just steps away, creating the perfect setting for families and vacationers.
Inside, the open-concept floor plan is designed for entertaining, featuring high ceilings, abundant natural light, ceramic tile flooring on the main level, hardwood floors upstairs, and a spacious living area that flows seamlessly into the kitchen complete with granite countertops and stainless steel appliances. The first-floor primary suite provides a private retreat with a beautifully tiled walk-in shower featuring rainfall and dual shower heads, while the upstairs bonus living area offers additional space for games, movie nights, and gathering with family and friends.
Two guest bedrooms and a second-story porch provide comfortable accommodations and the perfect place to enjoy morning coffee and coastal breezes. Outside, a private backyard deck and outdoor shower make rinsing off after a day at the beach effortless.
Sold fully furnished and rental-ready, 21 Magical Place presents a rare opportunity to own a slice of 30A paradise with strong short-term rental potential, incredible proximity to the beach, and easy access to local favorites including Gulf Place Town Center, shopping, dining, and entertainment. Experience the relaxed coastal lifestyle that makes Dune Allen one of 30A's most beloved communities.
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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