56
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5311 Tivoli Drive
About This Property
The chef's kitchen is a showstopper-featuring commercial-grade appliances, a 9' quartzite island with built-in wine fridge, pot filler over the gas range, and a stunning backsplash that pairs perfectly with the quartz countertops. Enjoy peaceful mornings or relaxing evenings on your private screened lanai overlooking the 13th fairway of Baytowne Golf Course, complete with a four-person Marquee spa. With three living areastwo on the main level and one downstairsthis home offers incredible versatility for guests or multigenerational living. A private 2-car garage provides ample storage and parking, and the included golf cart makes exploring the resort effortless. Recent updates include fresh interior paint, designer light fixtures, and new furnituremaking this home completely turnkey.
Situated in the desirable Tivoli Ridge neighborhood, you'll enjoy a private community pool for a more secluded swim. As a Sandestin resident, you're just minutes from pristine beaches, the marina, Baytowne Wharf, Grand Boulevard's shopping and dining, world-class golf, tennis, and the resort's aquatic center.
Meticulously maintained and move-in ready, this home delivers the ultimate Sandestin lifestyle. Schedule your 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 |
|---|---|---|---|
| Jun 27, 2026 | Price Decreased |
$1,695,000
↓ $80K
(4.5%) | |
| Price Decreased | |||
| Apr 8, 2026 | Relisted | $1,775,000 | |
| Relisted | |||
| Apr 3, 2026 | No longer available | - | |
| No longer available | |||
| Jan 11, 2026 | Price Decreased |
$1,775,000
↓ $25K
(1.4%) | |
| Price Decreased | |||
| Aug 12, 2025 | Listed by Compass | $1,800,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017