7930 Bunker Road
About This Property
Easy access via deep water to Choctawhatchee Bay and Gulf (boat access in just a few short minutes). Take your boat across the Bay under the Highway 331 bridge, and you are to Crab Island (Destin) in a few minutes. If you decide to take your boat east, you can be in West Bay and to Shell Island and the Gulf for a day on the water. Any size boat can be put on this seawall, depth of the water is over 15 feet (you will see sailboats and large boats up and down the Choctawhatchee River). The seawall has been recently redone spanning 150 linear feet.
This is a large home with 4,986 total square feet and 2,304 heated/cooled square feet and a full house generator. This home is a perfect home for a primary residence, second home for a weekend retreat of hunting and fishing, or an investment property (AirBnB). Boasting 3 bedrooms / 2 bathrooms, this home has massive living space and tons of storage. The garage on the first level is impressive, easily holding two vehicles and additional room for jet skis, boats, motorcycles, a Polaris offroad, even a golf cart. A driveway runs down the west side of the property and east side of the property for ample parking, and there are two storage buildings for tools, lawn equipment, and the like. The roof was installed January 2023. The property was recently raised and set on cinder blocks above the flood plain. The woodwork and attention to detail can be seen in every facet of the construction of this superb residence. You will never have a neighbor in your backyard due to the fact that the land on the other side of the creek forms Bunker Island. If you are looking for a home ''away from the hustle and bustle'', come see 7930 Bunker Road, you won't be disappointed.
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed by Keller Williams Realty SRB | $449,000 | |
| Listed by Keller Williams Realty SRB | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017