Lot 53 Seclusion Blvd
About This Property
PLUS, plans for nearly 3,300 sq ft home WITH pool convey with the purchase!
Seclusion Bay features some of the largest available lots within a gated community in Santa Rosa Beach, ranging in size from .5acres to 1.5acres.
All are estate-sized and come with community access to the Choctawhatchee Bay via the neighborhood dock, perfect for paddleboarding, fishing, and a host of other water activities.
Front entrance is undergoing a stunning renovation to include fresh white brick and updated landscaping.
This homesite would make a fantastic option for a full-time or 2nd home and the community does... not allow short-term rentals, so your neighbors aren't changing every week.
Preliminary building plans available to view if desired and there is no buildout time. Call today for more info!
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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 27, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by Live 30A Real Estate LLC | $274,900 | |
| Listed by Live 30A Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017