54 Pollard Cove West #LOT43
About This Property
Enjoy elevated outdoor living with the cabana & gas fireplace, along with the private pool & spa, a resort-style retreat in your own backyard perfect for tranquil evenings under the stars. The designer-curated chef's kitchen is adorned with stained white oak cabinetry, Silestone quartz countertops, and GE Monogram integrated appliances, offering both beauty and superior performance. Throughout the home, engineered white oak flooring adds warmth and elegance, while each spa-inspired bathroom is appointed with exquisite tile selections and illuminated shower niches, elevating everyday indulgence. Upstairs, the versatile bonus room offers endless possibilities, whether envisioned as a media lounge, private office, or guest retreat. Each bedroom is a haven of comfort, featuring ensuite baths and sizeable closets.
Experience refined coastal living in one of Watersound Origins' most sought-after neighborhoods nestled alongside Lake Powell. The Watersound Origins community offers an unparalleled lifestyle in South Walton offering exceptional amenities, notoriously friendly and welcoming atmosphere, zero short-term rentals, and close proximity to all that 30A and Inlet Beach has to offer. Enjoy the zero-entry pool, playground, sports courts, and fitness center at the Village Commons, play a round of golf or foot golf at the Origins Golf Course, or take a walk along the many miles of walking and biking trails that wind all throughout the neighborhood!
The new Watersound Town Center located at the entrance to the community offers several fantastic dining options (casual and formal), medical services, Starbucks, Publix, a Pavilion that hosts events year round, and more!
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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 |
|---|---|---|---|
| Sep 9, 2026 | Price Decreased |
$1,895,775
↓ $68K
(3.5%) | |
| Price Decreased | |||
| Oct 24, 2025 | Price Decreased |
$1,963,900
↓ $50K
(2.5%) | |
| Price Decreased | |||
| Apr 1, 2025 | Listed by Watersound Real Estate | $2,013,900 | |
| Listed by Watersound Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017