3296 Burnt Pine Lane
About This Property
This coveted address offers the perfect blend of privacy, prestige, and proximity to the best of resort living. As a resident of Burnt Pine, you'll enjoy the serenity of a gated neighborhood within a gated resort-celebrated for its luxury custom homes, lush landscaping, and peaceful surroundings. More... Framed by protected green space both behind the green to the rear and across the street to the front, this homesite offers lasting privacy and views for years forever.
As part of Sandestin's world-renowned 2,400-acre resort, you'll have access to an unparalleled lineup of amenities: four championship golf courses, 15 tennis courts, pickleball, a full-service marina, fitness center, spa, and miles of sugar-white beaches along the Gulf of Mexico. Hop on your golf cart or bike to explore miles of scenic trails that wind through nature preserves, tranquil lakes, and tree-lined fairways. Enjoy lively events, dining, and entertainment in the pedestrian-friendly Village of Baytowne Wharf, or head to Grand Boulevard Town Center just outside the gates for upscale shopping, restaurants like Emeril's, a movie theater, Starbucks, and Publix.
This is more than a homesiteit's a chance to create a legacy in one of the most sought-after communities on the Emerald Coast.
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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