4221 Beachside Two Drive #4221
About This Property
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.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by Compass | $599,000 | |
| Listed by Compass | |||
| 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