4579 W County Highway 30A
About This Property
elevated Beach home is located on a 75 feet of private, pristine beach frontage measuring 395' deep. A seawall was installed to protect the dune. The privacy and abundance of interior and outdoor space combine to make this house the ideal family home or rental investment.
The spacious, open floor plan with warm wood floors, crown molding and gas fireplace on the main level is a perfect compliment to the wall of glass windows that offer mesmerizing Gulf views. The gourmet kitchen with glass door cabinets, stainless steel appliances, two refrigerators, icemaker
and large breakfast bar are convenient to a side porch with grilling area.
This 5 bedroom, 5 1/2 bath home is truly spectacular with its expansive covered balconies, private beach walkover, outdoor grilling area, shower and a 15' x 30' backyard heated pool surrounded by ample patio space and lush landscaping. There is even room to add a Carriage house over a garage! One of the three Master suites features a gas fireplace. Two additional large bedrooms and baths are located on the first floor. You can live your life in the luxury of your own secluded paradise.
Recent renovations include a new roof, new exterior stucco, balconies, new baths, new flooring and front door and interior paint. All three AC units have been replaced in last 1 to 3 years..
This 30A treasure is ideally located to the miles of jogging and biking trails, a short drive from the Santa Rosa Beach Golf Course, Sandestin and Seaside and just a short walk from the quaint town center of Gulf Place with dining, eclectic shops, tennis and outdoor amphitheater.
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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 |
|---|---|---|---|
| Apr 5, 2016 | Sold | ||
| Sold | |||
| Jul 14, 2015 | Listed by ResortQuest Real Estate Seagrove Beach | $2,995,000 | |
| Listed by ResortQuest Real Estate Seagrove Beach | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017