Lot 6 Morgans Trail
About This Property
Residents enjoy private deeded beach access along with exceptional amenities, including two community pools, a fitness center, tennis courts, and a scenic boardwalk through the community's preserved coastal landscape. Located just a short walk or bike ride from the heart of Grayton Beach, you'll be close to renowned restaurants, boutique shopping, Western Lake, and the natural beauty of Grayton Beach State Park.
Whether you're planning a primary residence, second home, or investment property, this is an outstanding opportunity to build in one of 30A's premier coastal communities, where luxury living and nature coexist in perfect harmony.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Price Increased |
$750,000
↑ $75K
(11.1%) | |
| Price Increased | |||
| Jun 22, 2026 | Listed by Compass | $675,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017