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3040/3041 The Oaks
About This Property
Discover the most desirable, unique and very last vacant Bayfront home site opportunity in Burnt Pine at Sandestin Resort! These lots (Lots 3 and 4) create a spacious Bayfront offering with breathtaking sunset views over the sparkling Choctawhatchee Bay.
Framed by majestic oaks and magnolia trees, this home-site, the very last of it's kind in gated Burnt Pine, provides a serene, private setting perfect for building your dream coastal estate. Enjoy easy access to world-class amenities including Sandestin's four championship golf courses, 93-slip marina, tennis facilities, pools, beach club and more. The location is also conveniently close to shopping, dining, and entertainment at Grand Boulevard and The Village of Baytowne Wharf and 30A.
Lot Size: .82 acre (combined)
Zoning/Type: Residential vacant land
Key Features: Bayfront, mature trees, sunset views, gated community access
Whether you envision a custom luxury home or a family retreat, this rare property in the heart of Sandestin Resort's premier resort lifestyle offers unparalleled potential. Don't miss your chance to own a piece of coastal paradise!
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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