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808 S Turnberry Cove
About This Property
The open living areas feature soaring vaulted ceilings that create a bright and airy atmosphere. The thoughtfully designed floor plan includes two guest bedrooms and a full bath on the main level, while the entire second floor is dedicated to a private primary retreat. The spacious primary suite offers a peaceful escape with its own private balcony overlooking the beautifully landscaped backyard--perfect for enjoying your morning coffee or relaxing in the evening. A versatile loft area provides additional living space that can serve as a home office, reading nook, or sitting area. Just off of the main living area, you'll find a wonderful screened and enclosed porch overlooking the private backyard. This inviting space is ideal for year-round entertaining, relaxing with a good book, or simply enjoying the peaceful setting and mature trees. Bluewater Bay is one of the area's most desirable communities, offering an exceptional lifestyle with a championship golf course, a premier tennis center, a marina, multiple community swimming pools, walking paths, parks, and more. Outdoor enthusiasts will love being just minutes from Rocky Bayou State Park, where hiking, kayaking, and nature trails await. The sugar-white beaches and emerald waters of Destin are only a short drive away, along with outstanding dining, shopping, and entertainment. This lovingly cared-for home is ready to welcome its next owners and offers the perfect combination of comfort, location, and the unmatched Bluewater Bay lifestyle. Make your appointment today! Buyers and Buyer's Agent to verify all information and measurements.
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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 |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | Listed by Cindy Cole Fine Homes LLC | $499,900 | |
| Listed by Cindy Cole Fine Homes LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017