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5144 Beachwalk Circle
About This Property
The thoughtfully designed townhome offers three bedrooms and three baths, including two bedrooms with baths on the main level for comfortable everyday living. Upstairs, a private bedroom suite with bath, loft area, and flexible gathering space creates additional room for guests, relaxation, or extra sleeping accommodations--an ideal setup for family vacations or rental guests. As an end unit, the villa enjoys extra windows, natural light, & privacy while the lake view enhances the relaxing coastal retreat atmosphere that makes Beachwalk so appealing.
Beachwalk is considered one of the closest communities to the beach inside Sandestin, with beach access just ½ mile away. The location within the resort is equally convenient--.3 mile to The Market Shops of Sandestin, .4 mile to the tunnel connecting the bayside amenities to the south-of-98 beachside, approximately 1.5 miles to Grand Boulevard, and about 1.7 miles to the Village of Baytowne Wharf by golf cart or tram. Sandestin's golf-cart-friendly environment makes exploring the marina, golf courses, dining, shopping, and entertainment effortless.
Whether used as a personal getaway or vacation rental investment, the property offers exceptional flexibility, as short-term rentals are allowed. This Beachwalk villa presents a rare opportunity to enjoy lake-view living, beach access, and the vibrant resort lifestyle that defines Sandestin.
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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 |
|---|---|---|---|
| Oct 30, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Keller Williams Realty SRB | $849,900 | |
| Listed by Keller Williams Realty SRB | |||
| Dec 13, 2025 | Price Decreased |
$862,500
↓ $8K
(0.9%) | |
| Price Decreased | |||
| Nov 20, 2025 | Price Decreased |
$870,000
↓ $7K
(0.7%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$876,500
↓ $3K
(0.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017