4375 Bahia Lane
About This Property
High-performance mechanical updates offer complete peace of mind, including dual Trane HVAC systems for zoned climate control, a high-efficiency Navien gas tankless water heater for endless on-demand hot water, and a garage equipped with a dedicated Level 2 EV charging plug.
Living in Kelly Plantation means enjoying a premier country club lifestyle with an extraordinary amenity package: a championship Fred Couples-designed golf course, clubhouse dining, resort-style swimming pool, premier tennis and pickleball courts, fully equipped fitness center, and miles of scenic walking and jogging trails set along Choctawhatchee Bay. Conveniently located just minutes from Destin's world-famous sugar-white sand beaches, upscale shopping at Destin Commons, and renowned coastal dining, this turnkey townhome is ideal as a primary residence, second home, or luxury coastal retreat.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by ERA American Real Estate | $930,000 | |
| Listed by ERA American Real Estate | |||
| Jul 29, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017