3567 Preserve Drive
About This Property
Designed for seamless indoor-outdoor living, the home boasts a private enclosed pool with upgraded automation and a lanai equipped with a Marvel refrigerator and additional ice maker-perfect for entertaining. The residence is situated on Buck Bayou, offering serene bayou and bay views. A 26KW Generac whole-house generator and an iron elimination system for the irrigation provide peace of mind, convenience, and reliability.
Living in Burnt Pine means enjoying the most exclusive non-rental gated community within Sandestin Golf and Beach Resort. Residents have access to Sandestin's world-class amenities, including deeded beach access, community pools, tennis courts, walking and jogging trails, a full-service marina, boutique shops, Publix, and premier dining at both Grand Boulevard and the Village of Baytowne Wharf. The resort also features four championship golf coursesRaven, Baytowne, The Links, and Burnt Pine.
As a resident of Burnt Pine, you may also choose to join Burnt Pine Golf Club (membership fees apply). Designed by world-renowned architect Rees Jones, Burnt Pine is widely considered the "Crown Jewel of Florida Golf." With rolling fairways, challenging bunkers, and breathtaking views of the Choctawhatchee Bay, the course has earned accolades from Golf Magazine, Golf Digest, and Golfweek as one of the finest resort courses in America.
Discover the best of coastal living in this elegant bayfront retreat, ideally located within the security and sophistication of Burnt Pine at Sandestin Resort.
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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 2, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Listed by Berkshire Hathaway HomeServices | $2,800,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
| Sep 24, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017