1039 BEACH Avenue
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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 30, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by WATSON REALTY CORP | $2,050,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 15, 2023 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $2,930,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
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See Vacant land MLS listing#1222212 for full asking price. Two ocean front parcels being sold together! 63' ocean frontage and .365 acres of land. This will be vacant land property being sold as Package deal only with the lot next door, 1025 Beach Ave. Two separate sellers, two separate surveys, selling as package price only.
Atlantic Beach is a vibrant and charming coastal city located in Northeast Florida, known for its pristine beaches, upscale boutiques, gourmet restaurants, and thriving bicycle community. The city offers a unique lifestyle that caters to a diverse range of interests and preferences. One of the most notable aspects of Atlantic Beach's lifestyle is its array of boutiques, which offer an extensive selection of upscale clothing, accessories, and home decor. Popular boutiques in the area include Jaffi's, a trendy women's clothing store that carries designer brands such as Rebecca Taylor and Alice + Olivia, and AshleGryre, a chic boutique that specializes in contemporary fashion and accessories.
Gourmet dining is also a major highlight of Atlantic Beach's lifestyle, with numerous high-end restaurants serving up a diverse range of cuisines. One of the most popular gourmet restaurants in the area is Azurea, which offers an elegant and sophisticated dining experience featuring fresh seafood and local ingredients. Another top dining destination is North Beach Fish Camp, a casual seafood restaurant known for its laid-back atmosphere and fresh catches of the day.
Coffee shops are also abundant in Atlantic Beach, with several locally-owned cafes serving up artisanal coffee blends and handcrafted pastries. One of the most popular coffee shops in the area is Southern Grounds, which offers a cozy and inviting atmosphere and a wide selection of coffee drinks, teas, and baked goods.
The Atlantic Beach Country Club is another significant aspect of the city's lifestyle, offering a wide range of amenities and activities for members. The country club features a championship golf course, tennis courts, swimming pools, and a fitness center, as well as several dining options, including a fine dining restaurant and a casual grill.
Finally, the bicycle community is a thriving aspect of Atlantic Beach's lifestyle, with numerous bike-friendly trails and paths available for enthusiasts of all skill levels. The city is home to several cycling clubs and organizations, including the Beaches Bicycle Coalition, which works to promote safe and accessible biking infrastructure in the area.
Overall, Atlantic Beach offers a unique and diverse lifestyle that caters to a range of interests and preferences, from upscale shopping and gourmet dining to outdoor recreation and community involvement. This vacant land offers a combined ocean frontage of 63' and 120' street frontage perfect to create your private oasis within walking or biking distance to it all. Come build your dream beach house!
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| Jul 8, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017