4282 Beachside Two Drive #4282
About This Property
As an added bonus and to introduce the new owners to the Sandestin lifestyle, the listing brokerage and seller(s) are offering an incentive package to the buyer(s) of this property: Golf for four on one of our three championship courses, a pass for four to Sandestin's exclusive Beach Club, and an introductory membership to the Burnt Pine Golf Club.
Sandestin Golf and Beach Resort is a major destination for all seasons and all ages, and has been named the #1 resort on Florida's Emerald Coast. This magical 2,400 acre resort, comprised of over 70 unique neighborhoods of condominiums, villas, town homes, and estates. The resort features miles of sandy white beaches and pristine bay front, four championship golf courses, a world-class tennis center with 15 courts, 4 resort swimming pools (and 15 private neighborhood pools), a 113-slip marina, a fully equipped and professionally staffed fitness center and spa, meeting spaces and The Village of Baytowne Wharf, a charming pedestrian village with events, shopping, dining, family entertainment and nightlife. For true golf cart community living, Grand Boulevard is just outside the resort gates and provides access to additional shopping, dining and entertainment a€" all without traveling on Hwy. 98. Come to Play, Stay for Life!
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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%.
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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 |
|---|---|---|---|
| Dec 29, 2016 | Sold | ||
| Sold | |||
| Nov 10, 2016 | Listed by Sandestin Real Estate | $399,000 | |
| Listed by Sandestin Real Estate | |||
| Jun 6, 2016 | Sold | ||
| Sold | |||
| Apr 6, 2016 | Listed by Sandestin Real Estate | $334,900 | |
| Listed by Sandestin Real Estate | |||
| | |||
|
Step into this 8th floor one bedroom, one bath beach front oasis with expansive views of the Gulf of Mexico. Bamboo wood flooring flows through out the entire condo for easy maintenance and cleaning. The kitchen has granite counters, custom cabinets and stainless steel appliances for a sleek modern look. The master bedroom is complete with king size bed and en suite bathroom. Enjoy sunrises and sunsets from the large private balcony looking out towards the white sugar sands and emerald waters of the gulf. Beachside Two owners enjoy access to the private pool, private dune walk over to beach, and covered parking. Come and enjoy all the amenities that Sandestin has to offer, this 2,400 acre resort boasts the most beautiful white sandy beaches, 4 championship golf courses, a world class tennis center with 15 courts and a 98 slip full service marina. Add to that The Village of Baytowne Wharf with all its shops, restaurants, events and entertainment and you may never want to leave.
As an added bonus and to introduce the new owners to the Sandestin lifestyle, the listing brokerage and seller(s) are offering an incentive package to the buyer(s) of this property: Golf for four on one of our three championship courses, a pass for four to Sandestin's exclusive Beach Club, and an introductory membership to the Burnt Pine Golf Club.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2016
|
1 Bed
|
1 Bath
|
972 ft²
|
$399,000
1 Bed
1 Bath
972 ft²
|
$386,000
-3.26%
12/29/2016
|
Christine Thompson
Sandestin Real Estate
| |
|
04/06/2016
|
1 Bed
|
1 Bath
|
972 ft²
|
$334,900
1 Bed
1 Bath
972 ft²
|
$312,000
-6.84%
06/06/2016
|
Christine Thompson
Sandestin Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017