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108 13TH AVENUE
About This Property
Pass-a-Grille is known for its timeless coastal character, walkable streets, and laid-back lifestyle. From this location, you can stroll to local restaurants, boutique shops, historic landmarks, and waterfront parks, or simply enjoy nightly sunsets along one of Florida's most beautiful beaches. The neighborhood is golf-cart friendly with no HOA, offering flexibility and convenience in a setting that feels both private and connected.
Whether you're planning a full-time residence, seasonal getaway, or long-term investment, this lot provides a versatile canvas in a highly sought-after market where vacant land is increasingly rare. Imagine designing a home that captures sea breezes, water views, and embraces indoor-outdoor living - all in a community celebrated for its coastal beauty and small-town feel.
Secure your piece of Pass-a-Grille and create a custom retreat in one of the Gulf Coast's most treasured beach enclaves.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017