4253 Beachside Two Drive #4253
About This Property
Step inside to find a bright, open great room framed by new floor-to-ceiling sliding glass doors that perfectly capture the shimmering emerald waters beyond. The kitchen, dining, and living areas flow seamlessly onto a private balcony, where glass railings allow uninterrupted views of the coastline, the perfect spot for morning coffee or afternoon cocktails. The southern exposure provides the best of both worlds, serene sunrises and spectacular sunsets that paint the horizon each day.
Recent upgrades include an incredible new picture window in the primary suite, new motorized blinds in the living room and primary suite, a new LG refrigerator (2024), new LG washer and dryer (2025), a new HVAC (2021), updated lighting and fixtures throughout, and fresh paint creating a crisp, coastal feel that's both welcoming and low-maintenance. Every detail has been considered, from the new dining chandelier to the enhanced electrical and lighting updates, ensuring a move-in-ready, turnkey experience. Tastefully furnished with updated living and bedroom pieces, this residence is offered fully furnished and rental-ready, making it ideal as a vacation retreat, investment property, or full-time home by the sea. Purchased in 2021, this residence has been enjoyed exclusively by its current owners and not rented since, a reflection of their pride and meticulous care.
Beachside Two residents enjoy direct beach access, a brand new gulf-front pool deck, and the assurance of a recently renovated building with updated exteriors and common areas. These updates not only enhance the building's appeal and longevity but also provide peace of mind for years to come, knowing the major improvements have already been completed. 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.
With panoramic Gulf views, extensive updates, and a prime beachfront location, this Beachside Two condo embodies the effortless luxury and coastal lifestyle that define Sandestin living.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Compass | $949,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2025
|
2 Bed
|
2 Bath
|
-
|
$949,000
2 Bed
2 Bath
|
$910,000
-4.11%
03/31/2026
|
Spears Group
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017