75
Map
409 Shore Drive
About This Property
Experience the best of coastal living in this immaculate, meticulously maintained home, ideally located within walking distance of the bay and just a short golf cart right across Highway 98 to the public beach access on the Gulf of American.
From the moment you step inside, you'll appreciate the high ceilings, elegant crown molding, and pride of ownership throughout. The beautifully updated kitchen, features granite countertops, newer appliances, a state-of-the-art refrigerator, and a chef's dream cooking area complete with a gas cooktop, oven, convection oven, air fryer, and microwave all in one.The spacious living area opens through large glass doors to a spectacular outdoor oasis, while French doors from the primary suite provide private access as well. Whether you're relaxing or entertaining, you'll love the screened enclosure featuring a sparkling gunite pool and a fully equipped outdoor kitchen.
With no HOA, you'll enjoy the freedom to truly make this property your own. The beautifully landscaped yard is kept lush year-round with a full irrigation system.
Perfectly situated in the heart of the Emerald Coast, you'll be just minutes from beaches, boating, shopping, restaurants, parks and everything that makes coastal living so desirable.
This is truly one of those homes that must be experienced in person. The quality, location, and lifestyle it offers simply can't be fully captured in words. Schedule your private showing today and discover why this exceptional property is the perfect place to call home.
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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 |
|---|---|---|---|
| Oct 27, 2026 | Sold | ||
| Sold | |||
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2026 | Price Decreased |
$800,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by ERA American Real Estate | $815,000 | |
| Listed by ERA American Real Estate | |||
| Nov 17, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017