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40 Antilles Cove
About This Property
Bayside residents enjoy a community pool, tennis and pickleball courts, a playground, and a fishing/boat dock, with no short-term rentals allowed, offering a peaceful, established atmosphere close to everything on the Emerald Coast. Zoned for Van R. Butler Elementary, rated A-, plus Emerald Coast Middle and South Walton High.
Location: 1.1 miles to the sugar-white sands of Miramar Beach, 0.5 miles to Winn-Dixie, 0.7 miles to Silver Sands Premium Outlets, 2 miles to Sandestin Golf & Beach Resort, and 2.5 miles to Grand Boulevard Town Center for dining, shopping, and Publix.
Whether you're searching for a Miramar Beach primary residence, a Florida retirement home, or a second home near the beach, this single-level, updated property offers exceptional value in one of the area's most desirable neighborhoods.
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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 11, 2026 | Price Decreased |
$492,500
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Aug 4, 2026 | Listed by Keller Williams Realty SRB | $495,000 | |
| Listed by Keller Williams Realty SRB | |||
| Jun 5, 2026 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017