624 Sandgrass Boulevard
About This Property
A cozy first-floor bunk room offers the perfect retreat for kids or additional guests.
Upstairs, the primary suite and two additional guest bedrooms each feature private ensuite bathrooms. The spacious primary suite includes a private rear balcony overlooking the natural surroundings, a walk-in closet, and a luxurious bathroom with a Jacuzzi tub, double vanities, and a large walk-in shower.
Outside, the home provides ample rear parking and an outdoor shower with privacy surround, perfect after a bike ride or beach day in nearby Seaside.
Residents of NatureWalk at Seagrove enjoy premier resort-style amenities, including a heated lap pool, zero-entry pool, hot tub, fire pit, grilling areas, and extensive green space. The community also features scenic walking and biking trails, Energi fitness stations, a multi-purpose court, pickleball courts, and more.
This property boasts a proven rental history, making it an attractive opportunity for investors seeking consistent income along 30A. Its desirable location within NatureWalk at Seagrove, within close proximity to the beach and Seaside, combined with its thoughtful layout and access to resort-style amenities, has driven strong guest demand and repeat bookings.
This home offers the perfect blend of privacy, comfort, and access to one of 30A's most sought-after communities--ideal as a primary residence, second home, or investment property.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017