246 Naturewalk Boulevard
About This Property
Inside, the home shows like new with upgraded finishes throughout: Venetian plaster, upgraded lighting and blinds, and cabinet upgrades in the kitchen and baths including pull-out shelving and a spice rack. Practical extras include an epoxied garage floor and a full Briggs & Stratton generator that runs the pool and essential systems. Located at the front of the neighborhood for quick access to Origins' amenities -- Publix, medical facilities, restaurants, and shopping -- plus Lake Powell dock, extra tennis and pickleball courts, and unlimited play on a nationally recognized par-3 golf course. A short drive brings you to Inlet Beach and scenic 30A -- the perfect turnkey beach-area retreat.
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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 |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Listed by 1 Percent Lists Florida Coast | $995,000 | |
| Listed by 1 Percent Lists Florida Coast | |||
| Aug 8, 2026 | Price Decreased |
$995,000
↓ $80K
(7.4%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$1,075,000
↓ $24K
(2.2%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by Berkshire Hathaway HomeServices | $1,099,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
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Presenting an exceptional opportunity in the highly desirable Watersound Origins community--an impeccably maintained and thoughtfully upgraded, single-story, beach-inspired home designed for effortless living and entertaining. This 2023-built residence offers three bedrooms, two bathrooms, and approximately 1,960 square feet of stylish, open-concept living space.
Step into a beautifully designed interior where refined finishes and intentional details elevate everyday living. The heart of the home features an inviting living area, chef-ready kitchen, and abundant natural light, enhanced by upgraded lighting and plantation shutters that add timeless elegance throughout.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017