394 Grande Pointe Circle
About This Property
On the third floor, a primary suite offers a serene retreat with an ensuite bath with dual vanities, while a second primary suite on level two has an ensuite with jack-and-jill access to another guest bedroom. Additional bedrooms are thoughtfully arranged throughout the home, and there's a dedicated home office that could be utilized as a bedroom on the ground floor for remote work or study.
Enjoy exceptional. Gulf views and year-round breezes from the spacious tower-level with covered and open-air deckspace, complete with a summer kitchen which is perfect for al fresco dining. The private pool and sundeck, also featuring a pool bath, offers your own backyard oasis, ideal for relaxing after a day at the beach or entertaining under the stars. Additional highlights include a breakfast bar on the third floor, 2 dishwashers in the kitchen, covered porches and open balconies totaling over 1,100 sq ft of outdoor space, two-car garage plus additional driveway parking, and a smartly placed laundry room with a double washer and a double dryer for added convenience.
As a resident of Grande Pointe, you'll enjoy private access to Lake Powell, one of the area's rare coastal dune lakes, along with an amenity-rich community that includes a swimming pool, clubhouse, and dock for paddleboarding or kayaking. The neighborhood is ideally located near several public beach accesses that are just a golf cart ride away, the natural beauty of Camp Helen State Park, and the boutiques and dining of 30Avenue. With easy access to Highway 98, the new pedestrian underpass to 30A, and nearby airports in Panama City Beach and Destin, this home is well suited for use as a primary residence, vacation retreat, or rental investment.
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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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Listed by Scenic Sotheby's International Realty | $2,094,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Oct 3, 2025 | Price Decreased |
$2,099,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
| Sep 14, 2025 | Price Decreased |
$2,149,000
↓ $10K
(0.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017