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2566 Cayenne Lane
About This Property
Designed for both grand entertaining and comfortable everyday living, the heart of the home is the expansive gourmet kitchen featuring premium stainless appliances, including a new Sub-Zero refrigerator and freezer, abundant storage, generous prep space, and stunning water views that make every meal unforgettable.
An elevator provides effortless access to every floor, while spacious living and entertaining areas flow seamlessly onto covered balconies on all three levels. Whether enjoying your morning coffee or watching spectacular sunsets over the water, every floor offers panoramic views that capture the beauty of Florida's Emerald Coast.
Outdoors, your private waterfront oasis awaits with a sparkling pool, private boat dock complete with a boat lift, two Jet Ski lifts, and an expansive second-story sun deck--ideal for soaking up the Florida sunshine or enjoying front-row seats to life on the water.
Built with Insulated Concrete Forms (ICF), this home offers exceptional strength, durability, energy efficiency, and peace of mind. Additional features include a spacious 3-car garage and three New HVAC systems providing modern comfort and peace of mind for years to come.
This remarkable waterfront retreat combines timeless elegance with today's most desirable amenities in a private, gated setting just minutes from dining, shopping and the white-sand beaches of the Emerald Coast.
Luxury waterfront living of this caliber is a rare opportunity. Schedule your private showing today and experience the lifestyle you've been dreaming of.
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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 13, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Listed by Realty ONE Group Emerald Coast | $2,650,000 | |
| Listed by Realty ONE Group Emerald Coast | |||
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Nov 1, 2024 | Listed by Livin Right Real Estate LLC | $2,800,000 | |
| Listed by Livin Right Real Estate LLC | |||
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Motivated Seller! Wow! Want to live in Florida and truly feel that you have arrived at the pinnacle of Florida life and luxury? This property from its location to its features exudes the Florida luxury lifestyle! This home has three stories with an elevator, and close to 6K sqft of living space. It has 10-12ft ceilings throughout the house, an enormous chef's kitchen with a prepping island and a social island/bar that are open to the large coffered ceiling living and dining area with tremendous long range views over the pool patio to the bay with the gulf just beyond the barrier island. The primary suite is beyond incredible both in the scope of its size and amenities and covers most of the second floor. The space is so large that another large bedroom can be added within and still have...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017