67 Lands End Drive
About This Property
Upon entering the first floor, you're met with a lock out suite of a bedroom, 1.5 baths, living area, laundry room and fully equipped kitchen. Travertine floors throughout with custom inlay in the foyer, granite countertops and stainless appliances in the kitchen. More... Just off the living area is a private patio with direct access to the semi-private dune walkover.
Moving to the upper floors, engineered hardwood flooring and shiplap wall treatments add warmth and charm, complementing the coastal aesthetic. Expansive south-facing windows and French doors frame breathtaking views, ensuring that the captivating surroundings remain an integral part of your daily life. The 12-foot ceilings accentuate the openness of the layout, allowing natural light to flood the interiors and amplify the sense of grandeur. Crown molding throughout the home adds a touch of sophistication, exemplifying attention to detail in every corner.
The open-concept layout on the second floor creates an inviting atmosphere, with the living room, dining area, and kitchen flowing seamlessly together. Large windows bathe the interior in natural light and offer stunning views of the surrounding landscape. The kitchen is a masterpiece of design and functionality featuring granite countertops, top-of-the-line appliances, ample counter space, and a breakfast bar standing as both a culinary haven and a gathering place for cherished moments.
Just down the hall is a second bedroom and dedicated bath with bunk beds, built-in armoire and access to a north facing, covered balcony.
The third floor greets you with a beach front master suite that is a true sanctuary, featuring a spa-like bathroom with a soaking tub and a spacious walk-in closet with two built-in armoires, a walk-in closet that will satisfy even the most discerning buyer. The wetbar's double refrigerator, sink and coffee nook provide the perfect place for all your comfort food and snacks. It's private balcony offers a prime place to soak in those relaxing coastal sounds and gorgeous Florida sunrises and sunsets. Down the hall, you pass another convenient laundry station en route to the last bedroom with en suite bath, another built-in armoire and north facing balcony that is perfect for star gazing on warm summer evenings.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by Destin Legacy Real Estate Llc | $3,595,000 | |
| Listed by Destin Legacy Real Estate Llc | |||
| Dec 28, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2018 | Listed by Keller Williams Realty Destin | $1,785,000 | |
| Listed by Keller Williams Realty Destin | |||
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Experience the finest of beach living in this up-to-date, 3-story, Gulf-front beach home located on a private stretch of coastline in Holiday Isle's gated Destin Pointe community. This popular vacation rental produces $170K in annual gross income. ''Gulf Landing'' enjoys incomparable views of 3 bodies of water: the Gulf of Mexico, Destin's East Pass, and a coastal dune lake. Two full size kitchens and living areas distinguish this 3,101 sq. ft. home. Emerald green waters punctuate the neutral color scheme, while floor-to-ceiling windows allow natural light to reach deep within the interior. The main kitchen is an epicurean delight with Sub Zero refrigerator, Thermador appliances, double oven, warming drawer, custom cabinetry, granite counters, wine storage, wine cooler, and ample workspace The generously sized master suite features a private balcony, morning kitchen with sink and beverage center and a luxury en suite with double vanities, spa tub, and walk-in steam shower. A 1st-floor guest suite with full-size kitchen and living area is designed to accommodate large groups of friends and family. In addition, this home features plenty of storage, 2 laundry facilities, travertine floors, deep balconies, and more. Destin Pointe, a gated ''island community'' on Holiday Isle, offers 3,000 feet of beaches, tennis, 2 pools, 2 lakes, gazebos, protected wildlife areas, and a beach club.
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| Sep 24, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017