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2936 Pine Valley Drive
About This Property
The thoughtfully designed floor plan includes two expansive primary suites, each with private access to the pool and outdoor living area. One luxurious owner's retreat features separate his-and-her walk-in closets and a beautifully updated spa-inspired bathroom designed for ultimate relaxation.
Two additional guest suites each feature private en-suite baths, while a dedicated office provides the perfect work-from-home environment.
Perfect for multigenerational living or extended guests, the attached private apartment adjacent to the garage offers complete independence with its own fully equipped kitchen, living and dining area, walk-in closet, full bath, and washer and dryer--ideal for visitors, in-laws, or a live-in nanny.
Additional recent improvements include two new water heaters, ensuring modern efficiency and peace of mind.
Completing this remarkable property is a spacious three-car garage with dedicated golf cart storage, offering plenty of room for vehicles, recreational equipment, and all the essentials for enjoying the Florida lifestyle.
Perfectly balancing luxury, comfort, and functionality, this extraordinary Pine Valley residence offers an unparalleled living experience where every detail has been carefully curated. From the exquisite chef's kitchen and elegant interiors to the spectacular resort-style outdoor living spaces, this is a home designed to impress and built to be enjoyed.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017