4739 Westwinds Drive #4739
About This Property
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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%.
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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 |
|---|---|---|---|
| Jan 22, 2023 | No longer available | - | |
| No longer available | |||
| Jan 20, 2023 | Listed by Keller Williams Realty- Emerald Coast | $1,100,000 | |
| Listed by Keller Williams Realty- Emerald Coast | |||
| | |||
|
Don't miss your chance to own a piece of paradise! 4739 Westwinds is a rental giant located beachfront on the Sandestin Golf and Beach Resort. This towering high-rise condo offers full access to rich amenities both within Westwinds, as well as, the 2400 acre + resort. Westwinds owners and guests enjoy covered parking, gated access, private beach access, fitness center, and a luxurious pool deck with hot tub and seasonally staffed tiki bar. Currently on a rental program and a fantastic investment opportunity. Owner's storage area just off covered parking, perfect for the beach chairs and toys. Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, championship golf courses, world-class tennis courts, marina, a fitness center, spa and dining The manager has listed the unit size as 1145 square feet.
| |||
| May 28, 2015 | Sold | ||
| Sold | |||
| Nov 3, 2014 | Listed by Sandestin Real Estate | $549,900 | |
| Listed by Sandestin Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2023
|
2 Bed
|
2.5 Bath
|
1145 ft²
|
$1,100,000
2 Bed
2.5 Bath
1145 ft²
|
-
-
|
Rachel S Kolosky
Keller Williams Realty SRB
| |
|
11/03/2014
|
2 Bed
|
3 Bath
|
1145 ft²
|
$549,900
2 Bed
3 Bath
1145 ft²
|
$545,900
-0.73%
05/28/2015
|
Karen E Phillips
LPT Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017