12 LAUREL DRIVE
About This Property
Whether you're dreaming of a luxury beach retreat, full-time coastal residence, or investment property, this location delivers the Florida lifestyle buyers are searching for, at an incredible value. Imagine morning walks along the Atlantic, afternoons by the pool, and evenings listening to the ocean breeze from your future backyard.
This homesite is open builder with no minimum build time, giving you the flexibility to design and build at your own pace with the builder of your choice.
Surrounded by natural beauty, you're minutes from local favorites including Bing's Landing, Washington Oaks Gardens State Park, scenic walking and biking trails, waterfront dining, and everyday conveniences. Enjoy easy access to beloved spots like Captain's BBQ and JT's Seafood Shack while still feeling tucked away in your own private coastal escape.
Included with the property are a boundary survey, topographic survey, and conceptual home plans, giving you a valuable head start toward building your dream home. Opportunities like this in such a sought-after beachside community are becoming increasingly rare. Secure your slice of paradise before it's gone!
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 |
|---|---|---|---|
| Jul 30, 2026 | Price Decreased |
$185,000
↓ $4K
(2.1%) | |
| Price Decreased | |||
| May 26, 2026 | Listed by BHGRE THOMAS GROUP | $189,000 | |
| Listed by BHGRE THOMAS GROUP | |||
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | No longer available | - | |
| No longer available | |||
| Feb 20, 2024 | Price Decreased |
$169,000
↓ $10K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017