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12800 5TH ISLE
About This Property
Beautifully restored with all post-flood repairs completed and permitted, this waterfront home offers the Florida boating lifestyle buyers seek. Featuring 2 bedrooms, a bonus room/office, 1 full bath, 1 half bath, refinished terrazzo floors, abundant natural light, and a waterfront Florida room overlooking the canal. Major improvements include a 2024 roof, newer electrical panel, and newer AC.
The kitchen features stone countertops, wood cabinetry, and decorative tile backsplash.
Outside, you'll find approximately 60 feet of concrete seawall, a large waterfront patio for entertaining, and a 40-foot floating dock. With direct Gulf access you'll enjoy fishing, boating, island hopping, and waterfront dining. Spectacular sunrises can be enjoyed from your backyard, while nearby conservation lands provide a beautiful backdrop for the Gulf Coast sunsets Hudson is known for.
Leisure Beach offers a laid-back coastal lifestyle with no HOA and no CDD fees. Residents enjoy community events throughout the year, including chili cook-offs, holiday celebrations, boat parades, and neighborhood gatherings. Conveniently located along Florida's Gulf Coast, you'll be just minutes from marinas, waterfront restaurants, tiki bars, fishing, boating, golf, and Hudson Beach, a waterfront gathering spot known for sunsets, dining, and Gulf views.
Whether you're looking for a full-time residence, seasonal retreat, or waterfront investment opportunity, this property offers direct Gulf access, a beautifully restored home, and owner financing with only 20% down.
Call today to schedule your private showing and learn more about the owner financing options available on this waterfront property.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by BHHS FLORIDA PROPERTIES GROUP | $365,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
| May 30, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by BHHS FLORIDA PROPERTIES GROUP | $340,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
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About Leisure Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017