12832 3RD ISLE
About This Property
High and Dry – No Flooding or Damage from the Recent Storms!
Welcome to this beautifully upgraded waterfront home in the heart of the coastal town of Hudson, Florida, perfectly situated for relaxing, entertaining and adventure. If you are looking to live on the water and have peace of mind look no further!
This two-bedroom two-bathroom home is a spacious 1,400 sq feet not to mention the back patio area overlooking the water that is perfect for that early morning coffee or catching the afternoon Gulf breeze.
A truly great waterfront property must have a place to entertain, this home has a brand-new outdoor kitchen where you can soak up the sun and make lasting memories! Super easy access to the Gulf where you can fish, sight see local islands and sand bars along with taking in breath taking sunsets.
There is plenty of great restaurants like, the Inn on the Gulf, Catches and some great night life options such as Whiskey Joe's, Sam's Beach Bar and much more!
This property has had over $60,000 worth of upgrades. New 200-amp Electric panel and infrastructure (2024). New covered dock with a 10,000-pound boat lift, New concrete driveway addition with extra parking (2024). New Laundry room (2024), New stainless-steel appliances (2024), Privacy Fence (2024), AC 2020, New Impact windows and doors (2019), the Roof was installed (2013) There is 35 ft. of Sea wall
This home offers the perfect blend of comfort, style, and functionality, ideal for those seeking a laid-back Gulf Coast lifestyle.
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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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Mar 16, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Price Decreased |
$480,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jan 18, 2025 | Price Decreased |
$490,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Dec 9, 2024 | Listed by BHHS FLORIDA PROPERTIES GROUP | $495,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
Property Highlights
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About Leisure Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017