229 Emerald Ridge
About This Property
Presenting an exquisite coastal residence where sophistication meets seaside living. Step into a welcoming foyer that sets the tone for this meticulously designed home. The expansive living area seamlessly transitions to the outdoors through discreet glass doors, creating a harmonious blend of indoor and outdoor living. Throughout the living spaces, pristine 24''x24'' porcelain tiles guide you to a state-of-the-art kitchen featuring floor-to-ceiling custom maple cabinetry, a concealed breakfast bar, and a suite of premium Thermador appliances, including a 36'' gas range and a 72-bottle wine column.
Ideal for entertaining, the adjacent gathering area boasts a fireplace and direct access to a meticulously landscaped outdoor oasis. The saltwater pool, complemented by a summer
Throughout the living spaces, pristine 24''x24'' porcelain tiles guide you to a state-of-the-art kitchen featuring floor-to-ceiling custom maple cabinetry, a concealed breakfast bar, and a suite of premium Thermador appliances, including a 36'' gas range and a 72-bottle wine column. Ideal for entertaining, the adjacent gathering area boasts a fireplace and direct access to a meticulously landscaped outdoor oasis. The saltwater pool, complemented by a summer kitchen, invites residents to savor the coastal lifestyle in style.
Privacy is paramount in the separate master wing, accessible through glass doors that lead to the outdoor pool retreat. The master bath and closet showcase bespoke maple cabinetry, heated floors, and thoughtful amenities, ensuring a sanctuary-like experience.
Thoughtful details abound, from lighted toe kicks to a Toto Neorest, creating a luxurious ambiance throughout. Guest bedrooms feature warm maple hardwood floors, and the outdoor saltwater pool, enclosed by a screen enclosure, is managed by a Hayward Omnilogic system.
Situated on Scenic Hwy. 30-A, BellaMar offers a prime location in proximity to entertainment, dining, and the renowned Gulf Coast beaches. A dedicated beach access ensures a seamless connection to the pristine sands and emerald waters of the Gulf.
This turnkey residence is offered fully furnished, allowing for an effortless transition into a refined coastal lifestyle. Verify all details with potential buyers to secure your piece of coastal sophistication.
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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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Dec 26, 2023 | Listed by Rosemary Beach Realty LLC | $1,975,000 | |
| Listed by Rosemary Beach Realty LLC | |||
| May 18, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | No longer available | - | |
| No longer available | |||
| Apr 23, 2021 | Listed by Rosemary Beach Realty LLC | $1,500,000 | |
| Listed by Rosemary Beach Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017