340 N Holiday Road
About This Property
Beautiful saltwater pool with hot tub? Stunning garden? And so many upgrades that we couldn't fit them all on one page? This home has been renovated, quite literally, from the floors to the ceilings. Did we mention the less than 5-minute drive to the beach? Large quarter acre lot, and NO HOA?
Stepping into this property is like stepping into a lifestyle. As you enter through the front door, you'll instantly notice the light and airy atmosphere with the solid hardwood flooring and limestone plaster walls which can be found throughout the main living and dining areas. The kitchen has been completely remodeled. Features include custom maple cabinets, Fisher Paykel appliances, Carrera marble countertops, and an apron sink. In the primary bedroom you will find shiplap walls and venetian plaster ceilings. The primary bathroom was completely remodeled, including marble flooring, Carrera marble countertop, venetian plaster ceilings and walls, and handmade ceramic tile in the walk-in shower. The primary closet also boasts custom built-ins. Over to the other side of the house, you'll again find those sleek shiplap walls and venetian plaster ceilings in both guest bedrooms, the shared bath, and hallway. The guest bath has also been remodeled including same flooring, countertops and toilet found in the primary bathroom.
There is ample parking space thanks to the paver driveway which can comfortably accommodate 4 vehicles, along with the attached 2-car garage. Inside the garage you will notice the clean epoxy floors, and more built-in shelving for all your storage needs.
Now to the real gem of the property...the BACK YARD. Stepping out of the kitchen and into the screened-in porch, is the breathtaking outdoor space, a private oasis, if you will. With pavers lining the porch, surrounding the large pool deck and headed into the whimsical garden. The porch boasts a sitting area as well as a dining area, perfect for enjoying dinner with friends after a day at the beach or in your private salt-water pool. Enjoy a day swimming, lounging on the sun shelf, or relaxing in the hot tub. The large yard also allows for tons of outdoor activities like yard games or hosting the perfect garden party. Speaking of gardens, following the pavers around the pool, you are led into the stunning flower garden where you can always have fresh cut flowers year-round. This home is truly something special.
What about the location? It's prime! Being a short golf cart or car ride away from the beautiful public beaches of Miramar Beach (5 minutes), and only 5-10 minutes from restaurants, entertainment, shopping, and so much more. Places like Pompano Joe's, Whale's Tail, Seascape, Surf Hut, and Silver Sands Outlet are all just a short drive away.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Relisted | $675,000 | |
| Relisted | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Listed by Gulf Realty 30A LLC | $699,000 | |
| Listed by Gulf Realty 30A LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017