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4575 Nautical Court
About This Property
Overlooking the lake, the property is surrounded by established landscaping lovingly cultivated by a master gardener, with flowering plants selected to provide color throughout the seasons--a beautiful setting that would take years to recreate.
Inside, generous living spaces, natural light and an inviting floor plan provide a wonderful foundation for its next chapter. Thoughtfully designed and enjoyed for years, the home offers the opportunity to preserve what you love while updating and personalizing it to reflect your own style.
Regatta Bay offers golf, tennis, pickleball and community amenities in a convenient Destin location, plus back-gate access puts Destin Commons, Legendary Marina, Lulu's Destin, shopping, dining, boating & the sugar-white beaches of the Emerald Coast nearby, with many destinations accessible by street-legal golf cart.
Lakefront setting. Established gardens. Custom home. Exceptional location. A special opportunity to make 4575 Nautical Court distinctly your own and begin its next chapter.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Listed by Keller Williams Realty SRB | $1,100,000 | |
| Listed by Keller Williams Realty SRB | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017