4700 Rendezvous Cove
About This Property
Step into a grand foyer filled with natural light that leads to open living areas designed for comfort and style. The main living room features easy access to the pool and patio, creating a seamless flow for indoor-outdoor living. The kitchen offers ample space for preparing meals and is complemented by a formal dining area, making it ideal for hosting family and friends.
Outdoors, you'll find a private pool and expansive deck with picturesque lake views, offering the perfect backdrop for gatherings or quiet moments by the water. The covered patio features dining and lounge areas, ideal for enjoying alfresco meals or lounging in the shade.
The ground-floor primary suite offers direct access to the pool and an en suite bath with a jetted tub, dual vanities, and a walk-in shower. Upstairs, an additional living area with a wet bar and balcony provides more space to unwind, while the second primary suite and additional bedrooms ensure comfort and privacy for all.
Located in one of Destin's most desirable gated communities, this home offers access to world-class amenities, including a resort-style pool, fitness center, tennis courts, and a private theater. Plus, the pristine beaches of the Emerald Coast, along with top-tier golf, fishing, dining, and shopping, are just minutes away.
Don't miss your opportunity to own this exquisite lakefront home in Destiny East, schedule a private showing today!
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Listed by Berkshire Hathaway HomeServices | $1,995,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
| Jul 18, 2025 | Price Decreased |
$2,195,000
↓ $130K
(5.6%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$2,325,000
↓ $70K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017