705 Landing Circle
About This Property
The kitchen features a large center island with breakfast bar, stainless steel appliances, cabinets with soft close doors & drawers, granite countertops & backsplash, and a separate pantry. There is an option to upgrade to the gourmet kitchen.
The spacious master suite features a walk-in closet and a luxurious en-suite master bath with double vanities, walk-in tile shower, and a separate water closet. The split bedroom floor plan places the two additional bedrooms at the front of the home giving the master extra privacy. Additional bedrooms are generous in size and share a bathroom.
This is your opportunity to own a brand new coastal home located in the heart of what makes the Emerald Coast famous. The Preserve at Lake Powell is ideally located with quick and easy access to outdoor activities such as biking, hiking, kayaking, paddle boarding, boating, and fun beach days. There are currently homes under construction and several available lots. Choose your lot and the features/options of your Flounder floor plan today! Full packages are available upon request. We look forward to helping you find an amazing property with a million dollar lifestyle at a fraction of the price!
**Pricing is subject to change based on additional upgrades being added during the construction process.**
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed by Counts Real Estate Group Inc | $579,000 | |
| Listed by Counts Real Estate Group Inc | |||
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Coastal Living at Its Finest - The Preserve at Lake Powell. Discover the perfect blend of modern comfort and coastal charm in this completely furnished, stunning 3-bedroom, 2-bath home in The Preserve at Lake Powell. Featuring thoughtfully designed living space, a 2-car garage, and an open patio, this home is ideal for full-time living, a vacation getaway, or a short-term rental investment. Step inside to laminate hardwood flooring, a spacious open-concept layout, and large windows that flood the space with natural light. The gourmet kitchen boasts a large center island with breakfast bar, farmhouse-style sink, stainless steel appliances, soft-close cabinetry, quartz counter-tops, and a stylish back-splash, perfect for entertaining. T suite is a serene retreat featuring a walk-in closet and spa-like en-suite bath with double vanities, a walk-in tile shower, and a private water closet. A split-bedroom floor plan provides additional privacy, with two generously sized bedrooms and a shared bath at the front of the home. Located in the heart of what makes the Emerald Coast famous, The Preserve at Lake Powell is just minutes from: - 30A's world-class restaurants, shopping, and entertainment - Pier Park, the area's premier shopping and dining destination - The Gulf of Mexico's sugar-white sands and emerald waters - Lake Powell, perfect for kayaking, paddle-boarding, and boating - Public boat launch and the largest beach access in Walton County - Camp Helen State Park, Rosemary Beach, and Alys Beach - World-class golf courses just a short drive away With short-term rentals allowed, this home presents an incredible opportunity for investors and homeowners alike. Whether you're seeking adventure, relaxation, or an income-producing property, this home has it all. Don't miss your chance to own a piece of paradise, schedule your tour today.
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| Nov 17, 2022 | Sold | ||
| Sold | |||
| Jul 2, 2021 | Listed by EXP Realty LLC | $494,900 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017