245 Emerald Beach Circle
About This Property
Turnkey 3BR/3BA Home in Highland Park
This is your chance to own a beautifully maintained 3BR/3BA home in the sought-after Highland Park community on the west end of 30A!, This fully furnished home is turnkey and ready for immediate enjoyment. With rentals already on the books, it's an incredible opportunity for personal use or as a lucrative investment.
Step into a spacious, open floor plan perfect for modern living. The living, dining, and kitchen areas flow effortlessly, creating an inviting space for entertaining. The kitchen is equipped with stainless steel appliances, soft-close cabinetry, and ample counter space, ideal for any chef. Hardwood floors and 10-foot ceilings throughout enhance the bright and airy ambiance.
Outside, enjoy two oversized covered front porches that are perfect for taking in Gulf breezes, as well as a private covered back porch overlooking serene wooded green space. The extended driveway provides parking for up to three cars, and the large brick patio is perfect for outdoor gatherings.
Highland Park offers resort-style amenities, including a luxury pool, oversized hot tub, gas fire pit, and an outdoor kitchen. The community's iconic watchtower provides breathtaking views of the Gulf of Mexico, Blue Mountain Beach, and the surrounding natural beauty.
Located on a quiet, private street with no through traffic, this home is just steps from the closest beach pathway and a short bike ride to popular local attractions in Blue Mountain Beach, Grayton Beach, and Seaside.
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Whether you're seeking a vacation retreat, a full-time residence, or a proven investment property, this motivated seller presents an exceptional opportunity. Don't miss your chance to experience the 30A lifestyle!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Berkshire Hathaway HomeServices | $850,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 19, 2020 | Price Decreased |
$590,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017