80 Coleman Drive
About This Property
The main floor seamlessly integrates indoor and outdoor living through a retractable sliding glass wall, connecting the porch and primary living area for uninterrupted versatility. Additional amenities include a half bath, a guest room with ensuite bath, a walk-in laundry room, and a three-stop elevator. The second floor offers two further guest bedrooms, each with private ensuite baths, in addition to the expansive Primary Suite. The Primary Suite occupies much of the floor, featuring a spacious bedroom, an oversized bath with soaking tub and enclosed shower, a walk-in closet with custom vanity, and private access to a secondary laundry room.
The residence is crowned with a Tower Room that provides panoramic 360-degree views, ideal for relaxation. Residents can enjoy sunsets from the covered porch. The Preserve at Grayton Beach is a private, gated community offering two pool areas, tennis and pickleball courts, a fitness facility, and a community room, all situated along Scenic Highway 30A. With deeded beach access and proximity to Seaside, Rosemary, and Grand Boulevard's shopping and dining, this community affords convenient access to the best of the 30A lifestyle.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$2,950,000
↓ $250K
(7.8%) | |
| Price Decreased | |||
| Dec 19, 2025 | Listed by 850 Properties - Santa Rosa Beach | $3,200,000 | |
| Listed by 850 Properties - Santa Rosa Beach | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017