107 Chelsea Loop Road
About This Property
The home offers four thoughtfully appointed bedroom suites, including custom built-in bunks and a private third-floor retreat with an expansive balcony capturing sunset views. Recent improvements include renovated baths, new HVAC systems, water heaters, updated windows and doors, and fresh interior and exterior paint, delivering exceptional turnkey readiness.
Residents of Summer's Edge enjoy two community pools, including one seasonally heated pool, along with convenient access to Greenway Station, Seaside, Seagrove, and Rosemary Beach for celebrated dining, shopping, and coastal experiences along 30A.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 27, 2026 | Listed by Scenic Sotheby's International Realty | $1,850,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Sep 6, 2024 | Listed | $1,850,000 | |
| Listed | |||
| | |||
|
This cozy Florida cottage is the perfect coastal escape, close to the communal pool and just 150 steps to private beach access and serene Eastern Lake. A raft of recent home improvements includes new HVACs and water heaters, replacement windows and doors, and fresh paintwork inside and out. A new paved walkway leads to the traditional front porch, which offers an elevated view of the quiet leafy street. Hardwood floors add a natural warmth to the spacious open floorplan and family room. Dine and relax at the island bar or gather for meals around the dining table that comfortably seats eight. The remodeled chef's kitchen dazzles with a new gas stove, sink, microwave, dishwasher and beverage refrigerator, along with beautiful newer granite countertops. A half bath and a large owner's closet complete the first floor. The second floor has three generous bedrooms with private bathrooms and a laundry room. Two of these bedrooms are well-appointed master suites, while the third is a built-in bunk room to comfortably sleep six. The third floor has an additional queen bedroom with an ensuite. The large outdoor lookout area at sundown is perfect for sunset drinks and social gatherings after a fun-filled day. All four remodeled bathrooms boast seamless glass showers, replacement cabinets, and gleaming faucets, along with new granite vanities. The Summer's Edge community is popular for second homeowners and investors with rental projections of $171,000 easily achievable on this property. Just 150 steps from the sugar-soft sand and emerald gulf waters, the location is hard to beat. Deeded beach access and two pools (one heated) make this a year-round escape for vacationers. Leave your vehicles on the paved driveway and stroll to Greenway Station on 30A, which has excellent designer shopping and dining options. Seagrove Beach, Seaside, Florida, and Rosemary Beach have everything you could wish for nearby, including live entertainment.
| |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by Scenic Sotheby's International Realty | $1,850,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Nov 18, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017