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12734 2ND ISLE
About This Property
This beautifully remodeled 3-BEDROOM, 2-BATH waterfront home offers approximately 1,486 SQUARE FEET of living space and delivers the ultimate Florida Gulf Coast LIFESTYLE with modern coastal finishes throughout. Dock and Lift are AS-IS and need repair.
The home includes updates that include a NEW HVAC system (2024), fresh interior and exterior paint, fully remodeled bathrooms, a BRAND-NEW KITCHEN, and new STAINLESS STEEL appliances. The kitchen features CARRARA-STYLE QUARTZ countertops, modern shaker cabinetry, and an OPEN LAYOUT that flows seamlessly into the dining and living areas-perfect for everyday living and entertaining.
Enjoy beautiful CANAL AND WATER VIEWS FROM NEARLY EVERY ROOM, including both living areas, the kitchen, dining space, and two of the three bedrooms. The ENCLOSED WATERFRONT FLORIDA ROOM is a standout feature, offering 180-DEGREE PANORAMIC CANAL VIEWS through windows on three sides-an ideal space for relaxing, working from home, or entertaining while enjoying the scenery.
Both bathrooms feature matching Carrara quartz vanities, DESIGNER TILE, and upgraded gold and black fixtures, creating a clean and cohesive SPA-LIKE DESIGN. Durable WOOD-LOOK TILE flooring runs throughout the home, providing both style and durability.
Additional highlights include a one-car GARAGE and a CIRCULAR DRIVEWAY providing ample parking. The nearby Signal Cove community BOAT RAMP and Werner-Boyce SALT SPRINGS STATE PARK offer opportunities for KAYAKING, FISHING, HIKING, and exploring Florida's natural coastline. DOCK and LIFT ARE AS IS.
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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%.
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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 |
|---|---|---|---|
| Aug 1, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Decreased |
$349,000
↓ $31K
(8.2%) | |
| Price Decreased | |||
| Jun 16, 2026 | Relisted | $380,000 | |
| Relisted | |||
| May 29, 2026 | No longer available | - | |
| No longer available | |||
Property Highlights
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Price/ft²
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About Leisure Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017