3892 Sandprint Drive
About This Property
Upon entering, you'll be greeted by a spacious foyer with floor-to-ceiling shiplap, epitomizing coastal elegance. The main level features a king master suite with an en-suite bath, a built-in bunk area with its own full bathroom, and a game room designed for entertainment. The game room includes shuffleboard, a pool table, and opens to an outdoor kitchen area, complete with a grill, fridge, TV, and fireplace. stools and a tanning shelf, perfect for enjoying Florida's beautiful days. A private elevator takes you to the second floor, where you'll find an open-concept kitchen, dining, and living area. The chef's kitchen boasts a gas stove, wine fridge, and two dishwashers, all complemented by a stunning wood ceiling and double balconies with views of the backyard. This floor also includes two king bedroom suites with en-suite bathrooms, a half bath, and a laundry space.
On the third floor, another game room with a foosball table and balcony offers views of the Dunes of Destin lake. Additional features include two king suites with balconies and en-suite bathrooms, a full laundry room, and a bunk room with king-over-king beds and an en-suite bath.
This property is not just a home; it's a rental powerhouse in Destin. Don't miss the opportunity to own your slice of paradise.
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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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Price Decreased |
$2,300,000
↓ $200K
(8%) | |
| Price Decreased | |||
| Apr 8, 2025 | Price Decreased |
$2,500,000
↓ $400K
(13.8%) | |
| Price Decreased | |||
| Jun 11, 2024 | Listed by EXP Realty LLC | $2,900,000 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017