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276 Sandy Cay Drive
About This Property
stylish wood-look tile flooring, and a kitchen designed for hosting with an entire wall of cabinetry, stainless steel appliances, and a large center island that is perfect for entertaining.
The home includes three bedrooms and two bathrooms: a master suite with a king bed and double vanity ensuite, a second guest bedroom also with a king bed, and a third guest bedroom equipped with double bunk beds-perfect for kids or extra guests. The guest bathroom features a tub/shower combo and a new vanity.
Additional highlights include a separate laundry room, two-car garage with built-in cabinets and an entertainment center with a mini fridge and wine rack. This move-in-ready gem combines laid-back beach living with all the features you need for comfort, entertaining, and investment potential.
It is located right off Scenic Highway 98 which provides the ultimate golf cart lifestyle. Cruise along this beautiful scenic route to popular local favorites like Camille's, Crab Trap, Captain Dave's, and Pompano Joe's, or grab your coffee and head to the sand for sunrise.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Sold | ||
| Sold | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
| Jul 19, 2026 | Price Decreased |
$899,000
↓ $11K
(1.2%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$910,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Jan 22, 2026 | Listed by Keller Williams Realty Destin | $925,000 | |
| Listed by Keller Williams Realty Destin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017