46
Map
89 E Pine Lands Loop #C
About This Property
The spacious interior is accentuated by double 8 ft French doors, large windows, 10-12 ft coffered ceilings and crown moldings. Open concept kitchen, dining and great room have warm and inviting natural light from wall of windows and doors leading to the full-length balcony. Two full baths with master, ensuite walkin double rainmaker shower, dual vanity and walkin closet. Claim your piece of paradise in Prominence today! Prominence is a community that blends coastal resort living with modern conveniences making it an essential community along South Walton's Scenic Highway 30A. Prominence offers low HOA fees and is centrally located along 30A next to Watersound Beach, between Seaside and Alys Beach. Residents and guests will enjoy access to two resort style pools (with one heated seasonally), The Big Chill, start park trails, bike paths, as well as premium shopping and dining.
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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 11, 2026 | In contract | - | |
| In contract | |||
| Aug 24, 2026 | Listed by Real Broker LLC | $699,000 | |
| Listed by Real Broker LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017