23 Seawatch Drive
About This Property
Upon approach, a stately paver driveway framed by lush tropical vegetation and a central courtyard sets the tone for this impressive Bermudan and West Indies inspired residence.
Step inside to the first-floor library and living area, where soaring ceilings and honed travertine floors establish an effortless sense of coastal sophistication while opening to views of the beautifully sun-drenched courtyard. Designed for seamless indoor-outdoor living, wraparound porches extend into a private outdoor oasis with ample room for a pool. A custom tabby shell-plastered wall lends privacy and distinctive coastal character, while the fire pit invites evenings beneath the stars with the distant sound of waves drifting in from the shore. The versatile pool house doubles as a flex space, offering a relaxed retreat for watching the game indoors while the kids enjoy the courtyard just beyond.
A bright and airy first-floor king suite features a gorgeous, spa-inspired bath with dual vanities, a soaking tub, a separate wet room, and enclosed water closet. The adjacent guest suite offers a beautiful sitting area overlooking the oak canopies, along with convenient access to a full bath.
Ascend to the second level, where warm wood tones, Gulf views, and chic coastal decor deepen the connection to the sugar-white sand just 300 feet away. At the heart of this level, the gourmet kitchen is a culinary enthusiast's dream, showcasing stunning quartz countertops, an extended island with integrated searing, and a six-burner gas range.
Two covered patios further extend the living space, effortlessly blurring the line between indoors and out. Perched above it all, the rooftop viewing deck offers an extraordinary vantage point for taking in the ever-changing palette of color that defines the Emerald Coast's legendary sunsets.
The primary suite is anchored by a wall of windows framing sweeping treetop views. Soaring ceilings, shiplap accents, a dedicated sitting area, and access to the wraparound balcony create a serene private retreat, while the sumptuous ensuite delivers a true spa experience with a tiled shower, jetted tub and dual marble vanities.
Professionally curated and thoughtfully designed for both comfort and entertaining, Casa Manana embodies relaxed coastal living at its finest. This is a rare opportunity to own within an intimate, non-rental Gulf-front community where exclusivity and privacy take center stage.
Residents and guests enjoy paver streets, lush and mature vegetation, private beach access, with public lake access just down the street--all while remaining ideally positioned near the acclaimed dining, shopping, and entertainment of 30A, including Seagrove's town center "Greenway Park."
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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 |
|---|---|---|---|
| Oct 13, 2026 | Listed by Corcoran Reverie SRB | $3,400,000 | |
| Listed by Corcoran Reverie SRB | |||
| Dec 12, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017