3163 Club Drive
About This Property
Designed for comfort and luxury, the home boasts four en-suite bedrooms with updated bathrooms, including the primary suite with a spa-like experience. The primary bathroom features Quartz countertops, dual vanities, a walk-in tiled shower with dual shower heads, a towel warmer, a private water closet, and custom his-and-hers closets with built-in dressers and pull-down racks for extra hanging space. Motion-sensor lighting enhances the convenience of large closets throughout the home. Guest baths are updated with custom tile and beautiful accents.
The home is equipped with an alarm system for added security and an instant hot water recirculation system. Bose speakers throughout the living spaces, kitchen, and back porch create an immersive audio experience. A luxurious 8,000-gallon pool provides a private oasis for relaxation and entertainment. Outdoor shower and mini outdoor kitchen installed for added convenience. The brick paver driveway leads to an oversized 2 car garage plus an additional golf cart garage with a dedicated workshop space and a storage closet.
Nestled within the 2,400-acre Sandestin Beach Resort, residents enjoy world-class amenities, including 73 holes of championship golf, tennis and pickleball courts, fishing, a 98-slip marina, scenic nature and biking trails, a full-service health club and spa, golf-cart-friendly pathways, as well as an array of restaurants, entertainment venues, playgrounds, and more.
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Price Decreased |
$2,300,000
↓ $200K
(8%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$2,500,000
↓ $20K
(0.8%) | |
| Price Decreased | |||
| Jun 10, 2025 | Price Decreased |
$2,520,000
↓ $100K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017