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3502 Burnt Pine Lane
About This Property
Set within the gates of Burnt Pine, this home places you inside one of Sandestin's most private enclaves where golf, marina access, private beaches, and resort amenities exist just beyond your door, yet life inside the home remains serene and personal. This is luxury defined not by excess, but by intention, comfort, and the freedom to truly enjoy where you live.
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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 |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| May 3, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Paradise Property Brokers Inc | $5,495,000 | |
| Listed by Paradise Property Brokers Inc | |||
| Oct 24, 2025 | Price Decreased |
$5,999,999
↓ $179K
(2.9%) | |
| Price Decreased | |||
| Sep 14, 2025 | Price Decreased |
$6,179,000
↓ $471K
(7.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017