Lot 40 Sandcord Drive
About This Property
This premier property presents an outstanding opportunity for discerning buyers seeking luxury living just moments from the pristine white-sand beaches of the Emerald Coast. Ownership in Watersound Camp Creek includes exclusive membership opportunities to the Watersound Club, featuring three championship golf courses, including the Tom Fazio-designed Camp Creek Golf Course and the acclaimed Davis Love III-designed The Third. Members also enjoy complimentary beach chair and umbrella service at the Gulf-front Beach Club, an expansive 11,000-square-foot wellness center, resort-style pools, exceptional tennis and pickleball facilities, and an impressive collection of private dining venues and exclusive club amenities. wellness center, resort-style pools, exceptional tennis and pickleball facilities, and an impressive selection of private dining venues and club experiences.
Just moments from the pristine white-sand beaches of the Emerald Coast, this exceptional property offers a rare opportunity to design a truly private coastal retreat in one of 30A's most coveted communities--where exceptional space, privacy, club amenities, and location come together in an extraordinary setting.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Listed by Scenic Sotheby's International Realty | $2,197,000 | |
| Listed by Scenic Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017