45 Town Road
About This Property
Inside, classic black-and-white tile, a grand staircase, vaulted ceilings, hardwood floors, and abundant natural light create a coastal aesthetic that feels both elevated and timeless. The white granite eat-in kitchen opens seamlessly to the living area, where doors lead directly onto the covered patio and private courtyard. A guest bedroom and full bath on the main level offer privacy and flexibility for family and guests. Upstairs, the primary suite features its own shaded balcony overlooking the tennis courts as well as access to a spacious covered porch overlooking the courtyard. A second upstairs ensuite with two queen beds provides generous accommodations for additional guests.
Just steps from the clay tennis courts, fitness center, and Sky Pool, the location places some of Rosemary Beach's most desirable amenities practically outside your door. Beyond the home, enjoy private beach access, owners-only amenities including the Owners Only Pool and cabanas, and the ability to walk or bike to Rosemary's Town Center for dining, shopping, community events, and the unmistakable lifestyle that has made Rosemary Beach one of 30A's most coveted communities.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Listed by Compass Florida, LLC | $2,950,000 | |
| Listed by Compass Florida, LLC | |||
| Mar 25, 2022 | Sold | ||
| Sold | |||
| Feb 15, 2022 | No longer available | - | |
| No longer available | |||
| Jan 15, 2022 | Listed by Compass Florida, LLC | $2,425,000 | |
| Listed by Compass Florida, LLC | |||
| Jun 25, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017