Lot 3 Coastal Breeze Drive
About This Property
Discover your dream home location with this private .72-acre lot, perfectly situated behind the 7th green in the prestigious, gated community of Windswept Estates. This luxurious golf course community is home to the 5-star, 18-hole Windswept Dunes Golf Club and offers an exceptional lifestyle with a range of outstanding amenities.
Enjoy the resort-style pool, tennis courts, basketball court, recreational lawn, and playground, all within the community. For nature and water enthusiasts, Grady Brown Park is just a quick 10-minute drive away, providing public boat launches and beaches. Additionally, Grayton Beach, known for its stunning public beaches, is only a 20-minute drive.
Local restaurants, shopping, and dining are conveniently nearby, making Windswept Estates the perfect blend of luxury, comfort, and convenience. Don't miss the opportunity to build your custom dream home in this exclusive community.
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2023 | Listed by Berkshire Hathaway HomeServices | $123,500 | |
| Listed by Berkshire Hathaway HomeServices | |||
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 918315
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017