106 23RD AVENUE
About This Property
This is an outstanding opportunity to own a piece of paradise in Pass-A-Grille, just steps from the pristine white sandy beaches. With masonry block construction (CBS), a brand new roof and new HVAC system this home is just waiting for you to put back some pieces so you can enjoy for years to come. The property also features newer windows and doors, ensuring both efficiency and durability .This home has been loved and enjoyed for decades, the attention to detail and prior investment is refreshing!
Inside, the home retains its fabulous, original character and has been classified as "non-substantial damage," providing a unique opportunity for customization and personalization while preserving its coastal charm. Walk, Bike or Golf Cart to the old fishing village style restaurants and charming boutiques. Easy access off the island to enjoy the trendy restaurants, museums and Rays/Rowdies games. A quick 25 min drive to Tampa Airport makes business or casual travel a breeze.
Don't miss this exceptional chance to live in one of Florida's most iconic beach towns. Whether you're looking for a year-round residence, a vacation home, or a future investment property, this Pass-A-Grille treasure offers endless potential. Schedule your private showing today and experience the magic of this charming coastal community!
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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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Price Decreased |
$985,000
↓ $265K
(21.2%) | |
| Price Decreased | |||
| Mar 25, 2025 | Listed by SMITH & ASSOCIATES REAL ESTATE | $1,250,000 | |
| Listed by SMITH & ASSOCIATES REAL ESTATE | |||
| Jul 10, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017