71 Tranquility Lane
About This Property
The primary suite and ensuite guest bedroom are on the second level and both offer access to the private terrace overlooking the outdoor pool and patio below. The oversized primary suite features a vaulted ceiling, sitting room, soaking tub, coffee bar, and an additional space that could serve as an office or additional dressing area/closet. Across the courtyard from the main house sits the guest house, complete with two bedrooms, full bathroom, a kitchenette, and a spacious sitting area.
This exceptional turnkey home makes it the ideal primary residence, vacation home, or investment opportunity. 71 Tranquility Lane is perfectly positioned minutes from sugar sand beaches and turquoise waters, world-class restaurants, shopping, entertainment, and champion golf courses. Destiny East has numerous neighborhood amenities that includes a clubhouse, multiple pools, tennis courts, a movie theatre, outdoor grills, a fully equipped gym, and a new playground. Inquire today to schedule a private showing and start living the coastal lifestyle you deserve!
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Christies International Real Estate Emerald Coast | $1,599,000 | |
| Listed by Christies International Real Estate Emerald Coast | |||
| Feb 28, 2023 | No longer available | - | |
| No longer available | |||
| Feb 27, 2023 | Listed | $1,889,500 | |
| Listed | |||
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Behind the gates of the sought-after community of Destiny East sits this exceptional five bedroom Tuscan-inspired villa. The Italian-styled architecture makes it one of the most unique homes in the neighborhood and is recently updated with fresh interior and exterior paint. Designed with entertaining in mind, the open concept showcases a spacious living area that leads to the stunning outdoor courtyard, complete with a heated pool and covered patio, blurring the lines of indoors and out. The master chef's kitchen, designed by Atlanta-based Frank Neely Design Associates, features a brick backsplash, concrete countertops, freestanding island, separate wine cooler and ice maker, and Subzero and Thermador appliances. The dining room is flooded with natural light and features a wall of windows overlooking the outdoor courtyard. The first level is completed by the laundry room, powder room, and newly finished office space connected to the garage.
The primary suite and ensuite guest bedroom are on the second level and both offer access to the private terrace overlooking the outdoor pool and patio below. The oversized primary suite features a vaulted ceiling, sitting room, soaking tub, coffee bar, and an additional space that could serve as an office or additional dressing area/closet. Across the courtyard from the main house sits the guest house, complete with two bedrooms, full bathroom, a kitchenette, and a spacious sitting area.
This exceptional turnkey home makes it the ideal primary residence, vacation home, or investment opportunity. 71 Tranquility Lane is perfectly positioned minutes from sugar sand beaches and turquoise waters, world-class restaurants, shopping, entertainment, and champion golf courses. Destiny East has numerous neighborhood amenities that includes a clubhouse, multiple pools, tennis courts, a movie theatre, outdoor grills, a fully equipped gym, and a new playground. Inquire today to schedule a private showing and start living the coastal lifestyle you deserve!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017