256 Eagle Drive
About This Property
Upstairs, the primary suite offers a peaceful retreat with ample space, natural light, and views of the golf course and bay. In addition to a well-appointed third bedroom and loft area that adds flexibility as an extra sleeping area, office, or media space.....making this home ideal for families, guests, or rental potential.
A new roof was installed in October of 2021, new exterior paint in November of 2022, and Trex composite installed on the back deck and front porch in November of 2023 all adding value and peace of mind. Outside, a private storage closet is perfect for stashing your beach gear, golf clubs, or bikes. Lush landscaping surrounds the home, offering both beauty and privacy in this peaceful, coastal setting.
Whether you're looking for a full-time residence, a second home, or an investment property, 256 Eagle Drive delivers. Located within the gates of one of the Emerald Coast's premier resort communities, you'll enjoy access to championship golf, a private beach, marina, tennis, shopping, dining, and entertainmentall just a golf cart ride away.
As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club.
Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, four championship golf courses, 15 world-class tennis courts, a 226-slip marina, a fitness center, spa and celebrity chef dining. Shop, dine and play at the charming pedestrian village, The Village of Baytowne Wharf and more. Inside the gates of the resort, residents enjoy a balanced lifestyle of high-class living, spanning the 2,400 acres from the beach to the bay. Everything within the gates of the resort is accessible by golf cart or bicycle. The entire resort is interconnected by miles of pedestrian, bike and golf cart paths that weave through groves of live oaks, meandering past natural lagoons, fountains, man-made lakes, and meticulously landscaped fairways.
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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 8, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | Price Decreased |
$875,000
↓ $14K
(1.6%) | |
| Price Decreased | |||
| May 27, 2025 | Listed by The Agency Northwest Florida Beaches | $889,000 | |
| Listed by The Agency Northwest Florida Beaches | |||
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Nov 20, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017