123 AVALON AVENUE
About This Property
Step outside to your expansive enclosed lanai featuring a large saltwater pool with a WiFi-enabled, energy-efficient heat pump that heats and cools the water, plus a new WiFi pool filter and saltwater generator. Enjoy peaceful views of the deep-water canal from the private dock and brand-new 100-foot bulkhead, complete with water, electric, boat lift, and observation deck - ideal for boaters, kayakers, and jet-ski enthusiasts.
The oversized garage easily accommodates a car, golf cart, bikes, surfboards, and more. A WiFi-enabled garage door, entry system, and smart sprinkler controls enhance modern convenience.
Recent upgrades include the installation of three hurricane-rated patio doors, a newly screened lanai, and a freshly fenced front yard with new sod and an expanded WiFi-controlled sprinkler system. The attic has been newly insulated along with all ductwork and HVAC boots, and hurricane third-nail clips were added to reduce homeowner's insurance costs. Additional improvements include a new garbage disposal, an upgraded energy-efficient pool system, and an outdoor security camera system for peace of mind.
Nestled in the heart of charming Flagler Beach, this home offers the best of "Old Florida" coastal living. Enjoy the laid-back, small-town vibe with local boutiques, surf shops, and oceanfront restaurants just minutes away. Cruise downtown in your golf cart to catch a stunning sunset at the pier, explore weekend farmers markets, or grab coffee at one of the many cozy cafes. Flagler Beach blends vintage coastal charm with modern conveniences, making it one of Florida's most desirable seaside communities.
This home combines smart-home features, storm-ready construction, and waterfront luxury, just steps from the sand and everything you love about Florida's east coast. Move right in and start living your Florida dream!
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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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by BETTER HMS & GARDENS RE SYNERG | $875,000 | |
| Listed by BETTER HMS & GARDENS RE SYNERG | |||
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | Listed by BETTER HMS & GARDENS RE SYNERG | $849,900 | |
| Listed by BETTER HMS & GARDENS RE SYNERG | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017