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3280 Burnt Pine Lane
About This Property
The extensive renovation features new flooring throughout, a completely redesigned kitchen with custom cabinetry, quartzite countertops, and all-new appliances, along with fully renovated bathrooms showcasing new cabinetry, countertops, showers, and tile flooring.
The interior floor plan has been thoughtfully reimagined, with walls removed to create expansive, open living spaces that flow seamlessly from the formal living room to the breakfast nook, family room, and study. New lighting, fixtures, and fresh interior and exterior paint complete the home's comprehensive transformation.
Outside, refreshed landscaping enhances the setting, while a new pool enclosure, updated pool equipment, and a renovated outdoor kitchen create an inviting environment for entertaining and enjoying the Florida lifestyle.
With its premier golf course views, single-level design, and extensive upgrades throughout, this move-in-ready home offers a distinctive opportunity to enjoy refined living at Burnt Pine. Offered unfurnished. Furniture package available. 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%.
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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