50 Sand Flea Drive
About This Property
Offered fully furnished, this property is equally appealing as a personal coastal getaway, second home, or vacation rental investment. Conveniently located in Seacrest Beach along Scenic Highway 30A, the home provides access to the beautiful Gulf beaches and the nearby dining, shopping, and entertainment of Alys Beach and Rosemary Beach.
With significant recent improvements already completed, 50 Sand Flea offers the opportunity to enjoy the 30A lifestyle in a beautifully refreshed coastal home.
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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 |
|---|---|---|---|
| Nov 3, 2026 | Listed by Compass | $1,495,000 | |
| Listed by Compass | |||
| Apr 4, 2025 | Price Decreased |
$1,545,000
↓ $100K
(6.1%) | |
| Price Decreased | |||
| Mar 4, 2025 | Relisted | $1,645,000 | |
| Relisted | |||
| Dec 11, 2024 | No longer available | - | |
| No longer available | |||
| Oct 10, 2024 | Listed | $1,645,000 | |
| Listed | |||
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Multi-function floor plan with that soothing at-home feel. 4Bd, 4Ba home is located in the front of Seacrest Beach subdivision between Alys and Rosemary Beach along Scenic 30A.
This home has it all including two primary suites.
The third floor has a wet bar with ice maker and mini-fridge. The primary suite on the third floor has access to a private balcony with Gulf views. The third floor also has a large sun deck, which is partially covered, providing great views of the surrounding neighborhood and Gulf. Make sure to check out the list of recent upgrades throughout the home, making it move-in ready! Seacrest Beach includes deeded beach access, along with access to the 12,000-square-foot lagoon community pool. Seacrest Beach also has a golf cart tram service for easy rides to the Gulf. Seacrest Beach is ideally located near restaurants and shopping in the Village of South Walton, Alys, and Rosemary Beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017