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4033 Beachside One Drive #4033
About This Property
Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, four championship golf courses, 15 world-class tennis courts, a 226-slip marina, a fitness center, spa and celebrity chef dining. Shop, dine and play at the charming pedestrian village, The Village of Baytowne Wharf and more. Inside the gates of the resort, residents enjoy a balanced lifestyle of high-class living, spanning the 2,400 acres from the beach to the bay. Everything within the gates of the resort is accessible by golf cart or bicycle. The entire resort is interconnected by miles of pedestrian, bike and golf cart paths that weave through groves of live oaks, meandering past natural lagoons, fountains, man-made lakes, and meticulously landscaped fairways.
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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%.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$859,000
↓ $20K
(2.3%) | |
| Price Decreased | |||
| May 18, 2026 | Price Decreased |
$879,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Mar 19, 2026 | Listed by The Agency Northwest Florida Beaches | $899,000 | |
| Listed by The Agency Northwest Florida Beaches | |||
| Oct 8, 2023 | No longer available | - | |
| No longer available | |||
| Sep 23, 2023 | Price Decreased |
$994,500
↓ $4K
(0.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2023
|
2 Bed
|
2 Bath
|
1177 ft²
|
$1,049,000
2 Bed
2 Bath
1177 ft²
|
-
-
|
Marie H Babin
RE/MAX By the Sea
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017