10
Map
99 TANG O MAR Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 23, 2022 | No longer available | - | |
| No longer available | |||
| Apr 12, 2022 | Listed by Taylor Allen Properties LLC | $2,800,000 | |
| Listed by Taylor Allen Properties LLC | |||
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Income Projections as high as 270,000! A hidden gem recently renovated in 2022, 7BR 6.5BA 3,680 sq. ft. custom-built private home located in the secluded Tang-O-Mar community. This home boasts a private pool and spa, a beach volleyball court, plenty of parking & outdoor space and is close to the private beach access. No crowded beach here. Homes features an open living area, gourmet kitchen featuring Quartz countertops, Stainless Steel appliances & spacious dining area. two master suites, and five guest bedrooms--accommodating up to 20 guests. Other features include a gas grill, a gas Blackstone griddle, outdoor dining area and poolside seating for family gatherings. Enjoy the low HOA fees and secluded beach of Tang O Mar. Home sold fully furnished and purchase includes 6-seater Golf Cart The manager has listed the unit size as 3680 square feet.
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| Mar 18, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2019 | Listed by Newman Dailey Resort Properties | $1,229,900 | |
| Listed by Newman Dailey Resort Properties | |||
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SOLID RENTAL INCOME PRODUCER! Blue Heaven has generated over 114k in rental income! his beach home is located on the South side (beach side) of highway on a private drive with no major roads to cross to get to beach access. The private beach access is approximately 150 yards from home The name the owners gave this home is Blue Heaven and the name truly says it all! Blue Heaven is an absolute dream dressed in the loveliest shades of blue!
This custom-built vacation home will have you walking in the clouds the moment you step into the two-story tall entry way. The open floor plan flows flawlessly from the gourmet kitchen boasting granite counters, stainless-steel appliances accented by a glass tile backsplash to a dining room that seats 20.
All of this along with a designer-furnished living room overlook the fenced-in backyard also known as your own personal paradise complete with a pool, a spill-over spa, a gazebo housing a grill and a kitchenette, a sand volleyball court plus tropical foliage to complete the effect.
Arched entryways lead to several en suite bedrooms on the first level each with luxury linens and custom window treatments tailored around beach themed decor. Up the lovely traditional staircase and beyond the Juliette balcony sit three more bedrooms that shine with their own particular upscale coastal ornamentation and each open up to one of two balconies that span the width of Blue Heaven.
This beach vacation rental has been painstakingly planned so that its fortunate guests can enjoy every moment in this heavenly place. The perks of Blue Heaven include stone and wood floors throughout, ten foot ceilings, a full laundry room, plenty of parking and an excellent location. Its proximity to the beach combined with a complimentary golf cart are part of what make this Destin beach home so spectacular. If the allure of this new home and the call of the beach beyond aren't enough to complete this taste of heaven, its close enough to a long list of shoppers' paradises including Silver Sands Premium Outlets, golfers' edens and diners' delights to please even the pickiest of vacationers.
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| May 9, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017