230 Salt Box Lane
About This Property
Residents enjoy on-site security, multiple private deeded beach access points, and more than a mile of pristine private Gulf-front shoreline. This thoughtfully designed 3-bedroom, 3-bathroom home comfortably accommodates up to eight guests and features warm, inviting interiors enhanced by soaring 18-foot ceilings in the living area, abundant natural light, and sophisticated coastal finishes throughout.
The open-concept living area serves as the heart of the home, featuring a fireplace, spacious dining area, and a beautifully equipped kitchen complete with stainless steel appliances, granite countertops, and ample seating for family and friends. A private office provides an ideal work-from-home space, while the screened porch offers a peaceful setting for morning coffee, afternoon reading, or evening relaxation. The first-floor primary suite is a serene sanctuary featuring a king bed, oversized television, and a luxurious en-suite bath with a walk-in shower. Upstairs, a second primary suite boasts vaulted ceilings, designer details, and a spacious private bath. Across the catwalk overlooking the main living area, the charming third bedroom showcases custom-built full-over-full bunks, built-in storage, bench seating, interior windows, and a television--creating a fun and functional space for guests of all ages. The home's dual primary suites, dedicated office, and bunk room configuration make it especially attractive to vacationing families and groups, enhancing its desirability as a rental property.
Outdoor living is equally impressive, with multiple gathering spaces including a welcoming front porch with swing and rocking chairs, a screened porch, a pergola-covered dining area with seating for eight, accent lighting, and a ceiling fan. The fully fenced yard provides additional privacy and convenience for entertaining and family enjoyment.
The property also includes a golf cart, a highly sought-after rental amenity that makes it easy to explore the community's exceptional offerings, including two resort-style pools, miles of scenic boardwalks and nature trails, and convenient access to nearby destinations such as Alys Beach, Rosemary Beach, and The Big Chill.
Whether you're seeking a full-time residence, a second home, or a proven income-producing investment, 230 Salt Box Lane offers rare versatility in one of 30A's most exclusive gated beachfront communities. With accommodations for up to eight guests, premium community amenities, private beach access, and a location that consistently attracts visitors year-round, this property is exceptionally well-positioned as a strong vacation rental while providing an unparalleled coastal lifestyle for owners and guests alike.
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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 |
|---|---|---|---|
| Jun 9, 2026 | Listed by Watermark Properties Group LLC | $2,350,000 | |
| Listed by Watermark Properties Group LLC | |||
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jul 9, 2020 | No longer available | - | |
| No longer available | |||
| Jun 2, 2020 | Listed by Watermark Properties Group LLC | $1,050,000 | |
| Listed by Watermark Properties Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017