3000 Bay Villas Drive
About This Property
Additional features include a sound system, security system, backup generator, automatic curtains, and a custom outdoor area with a pool, spa, private dock, and a two-car garage. This meticulously maintained home, featuring numerous updates for comfort and peace of mind, offers superb waterfront living ideal for fishing, boating, or simply enjoying the serene environment.
Exclusive access to the pristine beach club, premier golf courses, a top-tier tennis center, a 210-slip marina, a fully equipped fitness center, and a variety of dining options within the 2,400-acre Sandestin Resort enhances the lifestyle. For a true golf cart community experience, Grand Boulevard just outside the resort gates offers additional shopping, dining, and entertainment without needing to travel on Hwy. 98.
Whether you seek adventure or tranquility, this property provides the perfect setting for the ultimate coastal lifestyle. Schedule your private tour today and experience the finest in coastal living. Buyer to verify all dimensions.
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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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Relisted | $3,950,000 | |
| Relisted | |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| May 23, 2024 | Listed by Berkshire Hathaway Home Services PenFed Realty | $3,950,000 | |
| Listed by Berkshire Hathaway Home Services PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017