110
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66 Siesta Bluff
About This Property
Offered fully furnished and turnkey, this home is designed for comfortable coastal living and entertaining, the home features soaring 20-foot ceilings, an open and spacious living area, and a well-appointed kitchen with premium Sub-Zero refrigerator and Wolf cooktop and oven. The main floor offers two bedrooms, providing convenience and flexibility for family and guests.
Step outside to enjoy the large deck and pool, creating an inviting outdoor space for relaxing, entertaining, and enjoying the Florida lifestyle. The expansive primary suite offers a private balcony overlooking the naturally landscaped backyard, while the primary bath features a Jacuzzi tub, oversized separate shower, dual vanities, and generous closet space.
Whether you're searching for a primary residence, second home, or investment property with short-term rental potential, this home offers an exceptional opportunity in one of Destin's premier beachside communities.
Destiny East offers impressive resort-style amenities, including two community pools, hot tubs, fitness center, clubhouse, movie theater, tennis courts, children's playground, putting green, and jogging paths. Convenient beach access through the tunnel beneath Scenic Highway 98 leads to the sugar-white sand and emerald waters of the Gulf. Gated community, beach access, private pool, spacious deck, luxury kitchen, turnkey, concrete construction, and the Destin coastal lifestyle, all in one exceptional 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