$775,000 Last Listed Price
●
House -
Off Market
111 Coconut Road
Surfside Beach, TX 77541
6 Beds
3 Baths
2,120 Ft²
$5,102
Est. Monthly
About This Property
Welcome to your coastal haven! This beachfront 6-bedroom, 3-bath
home sits right on the Beach, offering unbeatable water views of
the Gulf. Enjoy morning coffee on the oversized main deck or watch
sunsets from the private second-level deck off the primary suite.
Two bedrooms are located on the main floor with a full bathroom,
perfect for guests or an office. Upstairs, you'll find four more
bedrooms, one of them being the primary suite, in addition to the
washer/dryer and another full bathroom. The best part? Direct beach
access! A shared walkway connects right to your deck, so you can be
on the sand in seconds. Location-wise, you're near the golf cart
path and local dining spots. Downstairs is a ground-level deck with
a garage. This home was built with a focus on outdoor living space!
The home's exterior shines with updated LP SmartSiding (2/2022) and
roof (12/2021). Inside is a canvas waiting for your personal touch.
Dive in and make this beach beauty truly yours!
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$366
Property Type
House
Property Taxes
$1,296
HOA Dues
-
Year Built
2002
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #78216524)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2023 | Listed by Land Shore Realty Group | $775,000 | |
| Listed by Land Shore Realty Group | |||
| | |||
|
Welcome to your coastal haven! This beachfront 6-bedroom, 3-bath home sits right on the Beach, offering unbeatable water views of the Gulf. Enjoy morning coffee on the oversized main deck or watch sunsets from the private second-level deck off the primary suite. Two bedrooms are located on the main floor with a full bathroom, perfect for guests or an office. Upstairs, you'll find four more bedrooms, one of them being the primary suite, in addition to the washer/dryer and another full bathroom. The best part? Direct beach access! A shared walkway connects right to your deck, so you can be on the sand in seconds. Location-wise, you're near the golf cart path and local dining spots. Downstairs is a ground-level deck with a garage. This home was built with a focus on outdoor living space! The home's exterior shines with updated LP SmartSiding (2/2022) and roof (12/2021). Inside is a canvas waiting for your personal touch. Dive in and make this beach beauty truly yours!
| |||
Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Surfside Beach
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Listed by: Grace Reutzel, Land Shore Realty Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 78216524
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Last Updated: 5 months ago
Data Source: HAR , MLS# 78216524
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