54
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108 5TH STREET
About This Property
Renovated from the framing, drywall, and insulation to the finishes, the interior feels fresh and inviting. Hardwood flooring, updated interior doors, fresh paint, and designer lighting flow throughout, while the kitchen brings together quartz countertops, all-new cabinetry, Samsung appliances, and upgraded plumbing fixtures. A versatile bonus room provides extra space for a home office, hobbies, or a second living area.
The improvements extend well beyond what meets the eye. A completely new HVAC system includes updated ductwork and vents, complemented by a NEST thermostat, fully updated electrical and plumbing systems, and a tankless water heater. Outside, a 2020 roof, fresh exterior paint, seamless gutters, hurricane-rated garage door, updated exterior doors and lighting, and a video doorbell round out the upgrades. The chimney has also been freshly sealed and fitted with a new flue and cage.
Start your morning with coffee on the spacious new deck, gather friends after a day on the sand, or settle in for a quiet evening in the coastal air. Belleair Beach residents enjoy private beach access, nearby parks, a community boat ramp, tennis and basketball courts, and a community center, with restaurants, shopping, and recreation along the Gulf and Intracoastal Waterway within easy reach.
Whether you're looking for an everyday escape or a vacation getaway, this move-in-ready home offers a beautifully updated place to enjoy life by the beach. Schedule your private showing today.
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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 |
|---|---|---|---|
| Oct 8, 2026 | Listed by MAVREALTY | $599,000 | |
| Listed by MAVREALTY | |||
| Jun 20, 2025 | Price Decreased |
$525,000
↓ $50K
(8.7%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$574,900
↓ $24K
(4%) | |
| Price Decreased | |||
| May 8, 2025 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Apr 30, 2025 | Price Decreased |
$649,000
↓ $26K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017