1239 Ocean Shore Boulevard #7E5
About This Property
The manager has listed the unit size as 1699 square feet.
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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 |
|---|---|---|---|
| Apr 11, 2025 | Price Decreased |
$485,000
↓ $14K
(2.8%) | |
| Price Decreased | |||
| Dec 24, 2024 | Price Decreased |
$499,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Oct 24, 2024 | Price Decreased |
$509,000
↓ $11K
(2.1%) | |
| Price Decreased | |||
| Aug 31, 2024 | Price Decreased |
$520,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| May 9, 2024 | Listed | $535,000 | |
| Listed | |||
| | |||
|
Oceanfront Living at The Gemini– Prime Location on the No-Drive Beach. Experience the attraction of coastal living in this spacious 2-bedroom, 2-bathroom condo located in the esteemed Gemini of Ormond-by-the-Sea. Apartment 7E5, perched on the 7th floor, is a 1,700 SQFT residence offering panoramic views of the Atlantic Ocean through expansive floor-to-ceiling sliders in every room, leading to Two Private, covered balconies—perfect for enjoying sunrises and sunsets. KEY FEATURES: *Direct access to the serene No-Drive Beach via a Private Staircase *Resort-style amenities: Oceanfront Pool, Fitness Center, Saunas, Library/Game Room, and Oceanfront Clubroom *Secure Underground Deeded Parking and individual Storage Space *Pet-friendly community with a one-year minimum lease policy *Conveniently located across from Publix and local shopping. All SIRS and Reserves Reports are up-to-date.
The Open-Concept Layout features a Wet Bar, Luxury Vinyl Flooring throughout (NO CARPET), and a Primary Suite with a Double Vanity and Jetted Tub. The Kitchen is equipped with newer Stainless Steel Appliances, a Beverage Fridge, and Coastal-Inspired Finishes. An In-Unit Laundry Room adds everyday convenience. While the condo awaits your personal touch and updates, it presents an excellent opportunity to customize your Dream Beachfront Retreat and make it home. Embrace the opportunity to Customize this Coastal Retreat to your liking. With its Unbeatable Location and potential, this condo is a Rare Find and one of the Best Values on the Coast in today's market. Schedule your private showing and envision the beachfront lifestyle that awaits you.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/19/2025
|
3 Bed
|
2 Bath
|
1853 ft²
|
$472,000
3 Bed
2 Bath
1853 ft²
|
$365,000
-22.67%
09/30/2025
|
Kirsten Finley
KELLER WILLIAMS RLTY FL. PARTN
| |
|
05/18/2025
|
3 Bed
|
2 Bath
|
1853 ft²
|
$610,000
3 Bed
2 Bath
1853 ft²
|
$600,000
-1.64%
07/01/2025
|
Renata Rosander
Realty Pros Assured
| |
|
03/21/2025
|
3 Bed
|
2 Bath
|
1853 ft²
|
$575,000
3 Bed
2 Bath
1853 ft²
|
$535,000
-6.96%
04/17/2025
|
Rachael Klinker
OPTIMA REAL ESTATE
| |
|
10/19/2023
|
3 Bed
|
2.5 Bath
|
1853 ft²
|
$575,000
3 Bed
2.5 Bath
1853 ft²
|
-
-
|
Jennifer Kulzer
Realty Pros Assured
| |
|
09/30/2023
|
2 Bed
|
2 Bath
|
1700 ft²
|
$550,000
2 Bed
2 Bath
1700 ft²
|
-
-
|
Nancy Cortez
ADAMS, CAMERON & CO., REALTORS
| |
|
03/03/2023
|
2 Bed
|
2 Bath
|
1699 ft²
|
$525,000
2 Bed
2 Bath
1699 ft²
|
-
-
|
Lori Jean Schultz
RE/MAX Services
| |
|
01/21/2023
|
2 Bed
|
2 Bath
|
1699 ft²
|
$429,000
2 Bed
2 Bath
1699 ft²
|
$429,000
02/22/2023
|
Mike Glisson
Adams, Cameron & Co. REALTORS
| |
|
12/25/2022
|
2 Bed
|
2 Bath
|
1699 ft²
|
$434,900
2 Bed
2 Bath
1699 ft²
|
-
-
|
Julie Hewitt
Adams, Cameron & Co., Realtors
| |
|
10/23/2022
|
3 Bed
|
3 Bath
|
1853 ft²
|
$725,000
3 Bed
3 Bath
1853 ft²
|
-
-
|
Clint Bagwell
Realty Pros Assured
| |
|
07/26/2022
|
3 Bed
|
3 Bath
|
1853 ft²
|
$530,000
3 Bed
3 Bath
1853 ft²
|
$490,000
-7.55%
12/19/2022
|
Michael Domi
PREMIER SOTHEBY'S INTL. REALTY
| |
|
07/26/2022
|
3 Bed
|
3 Bath
|
1853 ft²
|
$649,000
3 Bed
3 Bath
1853 ft²
|
-
-
|
Amy Kathryn Beals
Realty Pros Assured
| |
|
07/03/2022
|
3 Bed
|
2 Bath
|
1947 ft²
|
$549,000
3 Bed
2 Bath
1947 ft²
|
-
-
|
Jessica Berry Falb
Keller Williams Realty Florida Partners
| |
|
11/10/2021
|
3 Bed
|
3 Bath
|
1853 ft²
|
$530,000
3 Bed
3 Bath
1853 ft²
|
-
-
|
Cindy Marriott
Adams, Cameron & Co., Realtors
| |
|
08/07/2021
|
2 Bed
|
2 Bath
|
1699 ft²
|
$425,000
2 Bed
2 Bath
1699 ft²
|
$399,999
-5.88%
12/08/2021
|
Andy Miller
Miller Real Estate and Assoc.
| |
|
06/02/2021
|
3 Bed
|
3 Bath
|
1800 ft²
|
$525,000
3 Bed
3 Bath
1800 ft²
|
-
-
|
Jessica Berry Falb
Keller Williams Realty Florida Partners
| |
|
12/28/2020
|
3 Bed
|
3 Bath
|
1853 ft²
|
$399,000
3 Bed
3 Bath
1853 ft²
|
$389,000
-2.51%
03/23/2021
|
Nancy Cortez
| |
|
12/08/2020
|
2 Bed
|
2 Bath
|
1699 ft²
|
$355,000
2 Bed
2 Bath
1699 ft²
|
-
-
|
-
| |
|
11/26/2020
|
3 Bed
|
3 Bath
|
1853 ft²
|
$399,000
3 Bed
3 Bath
1853 ft²
|
$360,000
-9.77%
01/25/2021
|
Dulce Monahan
| |
|
06/17/2020
|
3 Bed
|
3 Bath
|
1853 ft²
|
$450,000
3 Bed
3 Bath
1853 ft²
|
-
-
|
-
| |
|
05/15/2020
|
2 Bed
|
3 Bath
|
1853 ft²
|
$440,000
2 Bed
3 Bath
1853 ft²
|
-
-
|
-
| |
|
04/21/2020
|
2 Bed
|
2 Bath
|
1699 ft²
|
$325,000
2 Bed
2 Bath
1699 ft²
|
$307,500
-5.38%
09/02/2020
|
Julie Hewitt
| |
|
09/29/2019
|
2 Bed
|
2 Bath
|
1699 ft²
|
$339,000
2 Bed
2 Bath
1699 ft²
|
$335,000
-1.18%
11/08/2019
|
Julie Hewitt
| |
|
08/27/2019
|
3 Bed
|
3 Bath
|
1853 ft²
|
$350,000
3 Bed
3 Bath
1853 ft²
|
-
-
|
-
| |
|
04/24/2019
|
3 Bed
|
3 Bath
|
1853 ft²
|
$409,400
3 Bed
3 Bath
1853 ft²
|
-
-
|
-
| |
|
10/13/2018
|
2 Bed
|
2 Bath
|
1699 ft²
|
$350,000
2 Bed
2 Bath
1699 ft²
|
-
-
|
-
| |
|
09/04/2018
|
3 Bed
|
3 Bath
|
1853 ft²
|
-
3 Bed
3 Bath
1853 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
3 Bed
|
2.5 Bath
|
1853 ft²
|
-
3 Bed
2.5 Bath
1853 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017