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12813 3RD ISLE
About This Property
This spacious 2-bedroom, 2-bath home offers 1,777 square feet and the kind of solid bones buyers hope to find. Comfortable and very livable today, this is the perfect opportunity to update room by room while building equity along the way.
Major improvements are already in place, including a **2018 main roof, 2026 flat roof, 2016 HVAC, and 2023 water heater**-giving you a strong head start where it matters most. Transferable flood policy may offer added value and convenience.
Located in the beautiful waterfront community of **Leisure Beach**, where coastal living is more than a location-it's a lifestyle. Spend your days relaxing at home or head out to **Anclote Island**, the local sandbar, or nearby waterfront dining. Watch dolphins and manatees cruise by as you bring home fresh fish for dinner.
What truly sets Leisure Beach apart is its welcoming sense of community, where neighbors know neighbors, seasonal events bring people together, and simple Florida charm still exists.
If you've been waiting for a home with potential, and room to make it your own-this may be the one.
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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 |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| Apr 25, 2026 | Listed by BHHS FLORIDA PROPERTIES GROUP | $300,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
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About Leisure Beach
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Currently no similar homes aroundNearby Rentals
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017