4221 Beachside Two Drive #4221
About This Property
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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.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by Compass | $599,000 | |
| Listed by Compass | |||
| | |||
|
Experience the serenity of gulf views and pristine white sand beaches right from your very own private condo! Nestled on the second floor, this charming two-bedroom, one-bathroom haven boasts a fabulous view overlooking the brand-new pool to the Gulf of Mexico, setting the stage for easy mornings with coffee on the balcony, or an evening cocktail before dinner. The entire pool area was recently reimagined and newly constructed, offering a fresh coastal retreat ready to be enjoyed for years to come. With convenient beach access via the condo's boardwalk and a relaxing pool deck just steps away from the dunes, you're moments from indulging in our renowned white sandy shores.
Inside, discover a cozy and inviting ambiance with an open floor plan seamlessly connecting the living, dining, and kitchen areas, complemented by incredible floor-to-ceiling views through sliding glass balcony doors. Recently refreshed, this condo presents a coastal chic new look and eagerly awaits its new owners. Sold fully furnished and rental ready, this property is an excellent investment opportunity, a perfect vacation retreat, or an ideal full-time residence.
Along with the stunning new pool area, Beachside Two Condo just finished an exterior and interior common area renovation, ensuring a superbly maintained and appealing environment for all residents. Sandestin Golf and Beach Resort features abundant amenities including 5-Star golf courses, tennis, biking and hiking trails, a 113-slip marina, and the exciting Baytowne Wharf for restaurants and shopping. The ever-growing Grand Boulevard Town Center featuring great restaurants, retail shopping, Starbucks, a movie theater, and Publix Grocery is a short golf-cart ride away.
| |||
| Apr 11, 2024 | No longer available | - | |
| No longer available | |||
| Mar 24, 2024 | Price Decreased |
$635,000
↓ $50K
(7.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/16/2025
|
2 Bed
|
1 Bath
|
-
|
$599,000
2 Bed
1 Bath
|
$600,000
+0.17%
04/01/2026
|
Spears Group
Compass
| |
|
12/02/2023
|
2 Bed
|
1 Bath
|
932 ft²
|
$685,000
2 Bed
1 Bath
932 ft²
|
-
-
|
Bradley S Smith
EXP Realty LLC
| |
|
04/03/2010
|
2 Bed
|
1 Bath
|
820 ft²
|
$329,900
2 Bed
1 Bath
820 ft²
|
$300,000
-9.06%
01/26/2012
|
Wanda Duke
Destin - Crye*Leike Coastal Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017