131 BLUFF VIEW DRIVE #406
About This Property
The manager has listed the unit size as 1300 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%.
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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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed | $415,000 | |
| Listed | |||
| | |||
|
Port Belleair Building 4 is a resilient concrete structure, built by US Steel with metal studs; it withstood recent storms without power loss or damage and has fully passed the Milestone Inspection. Ideally sitting 45’+ above sea level, this condo is high and dry yet close to the beach life. This gorgeous home was completely upgraded in the past few years to include a 2024 A/C with Nest app thermostat, 2021 water heater, 2021 Impact Rated Windows on south side of condo, Birch Doors, Retractable Storm Door, Luxury Vinyl Flooring (placed horizontally to avoid the linear look), 2020 Electrical Panel (properly placed outside the closet), and double crown molding. The owners thoughtfully planned every detail of this remodel. From the moment you open the front door, you’re greeted by the feel of a coastal getaway. The kitchen has white shaker cabinets and drawers with a turntable organizer and trash drawer. The countertops are stunning natural Quartzite, a durable stone that can withstand heat from pans (unlike man-made Quartz, which may discolor with high heat). All appliances and the farmhouse-style sink are stainless steel—even the interior of the LG dishwasher. The LG glass-top stove has double ovens, and the counter-depth Whirlpool refrigerator features a precise water dispenser with cubed / crushed ice options. Plus, the reverse osmosis filtration system provides pure, great-tasting water directly from the refrigerator or sink. A widened kitchen doorway enhances the open feel while maintaining defined spaces, and a dining room buffet with Quartz countertop, glass inserts, and ambient lighting brings added charm and function. The living room currently accommodates an 82” TV that is bolted through the bedroom wall w/ ¾” plywood on each side. This allows for a 75” TV to be safely mounted in the bedroom. Both TV mounts have arm swings to adjust viewing options. The renovated Florida room, once a lanai with Jalousie windows, has wall-to-wall impact windows, frosted lower glass for privacy, floor tiles, a custom worktable, extra electrical outlets, hollow baseboards for hiding wires, and two ceiling fans with lights and remotes. The original sliding doors are still in place, giving the option to close off the room from the main area. Now enclosed and vented with A/C, this room adds 138 valuable SF. It currently accommodates a desk, sofa sleeper, and patio table—perfect for enjoying the sunset. Being on the top floor with no adjoining condo on the west side, it offers one of the most scenic views in the complex. Both bedrooms include walk-in closets with organizers, and the foyer offers a custom pantry closet, coat storage, and room for a shoe bench. A standout feature of this building is that the A/C handler and water heater are in a utility closet outside the front door, reducing the industrial noise. On the same floor are a free laundry room with new commercial-grade washer/dryer, trash chute, and a private storage closet. Port Belleair is a 55+ community with a heated pool, clubhouse, BBQ grills, and picnic tables. Only service or emotional support animals are allowed. You can enjoy a night out without getting in the car—shops and restaurants are conveniently accessible through a gated entrance. The grounds have bike storage rooms, and it’s a quick ride to the beach (under 2 miles). View the virtual tour, request the Property Feature Sheet from your Realtor, and schedule an in-person visit. It does not disappoint!
| |||
| Jun 4, 2023 | No longer available | - | |
| No longer available | |||
| May 20, 2023 | Price Decreased |
$398,500
↓ $500
(0.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/27/2026
|
2 Bed
|
2 Bath
|
1300 ft²
|
$218,000
2 Bed
2 Bath
1300 ft²
|
$208,000
-4.59%
08/04/2026
|
John Molin Jr.
Kerdyk Real Estate, Inc.
| |
|
11/07/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$199,000
2 Bed
2 Bath
1300 ft²
|
$199,000
03/25/2026
|
Martha Thorn
COLDWELL BANKER RESIDENTIAL
| |
|
09/20/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$309,000
2 Bed
2 Bath
1300 ft²
|
$270,000
-12.62%
06/04/2026
|
Julie Sartain
KELLER WILLIAMS ST PETE REALTY
| |
|
07/16/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$225,000
2 Bed
2 Bath
1300 ft²
|
$200,000
-11.11%
12/08/2025
|
Kennedy Ferguson
COLDWELL BANKER REALTY
| |
|
03/28/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$339,000
2 Bed
2 Bath
1300 ft²
|
$168,000
-50.44%
03/16/2026
|
Ann McIntosh
GULF TO BAY REAL ESTATE
| |
|
02/26/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$299,900
2 Bed
2 Bath
1300 ft²
|
$192,000
-35.98%
09/16/2025
|
Lindsay Dicus Harrison
DICUS HARRISON REALTY
| |
|
02/20/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$305,000
2 Bed
2 Bath
1300 ft²
|
$234,000
-23.28%
08/08/2025
|
Lance Willard LLC
CHARLES RUTENBERG REALTY INC
| |
|
11/12/2024
|
2 Bed
|
2 Bath
|
1438 ft²
|
$415,000
2 Bed
2 Bath
1438 ft²
|
$415,000
11/27/2024
|
Julie Sartain
KELLER WILLIAMS ST PETE REALTY
| |
|
05/02/2024
|
2 Bed
|
2 Bath
|
1340 ft²
|
$399,900
2 Bed
2 Bath
1340 ft²
|
$360,000
-9.98%
10/18/2024
|
Julie Sartain
KELLER WILLIAMS ST PETE REALTY
| |
|
03/28/2023
|
2 Bed
|
2 Bath
|
1300 ft²
|
$409,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Katherine Schoelch
PLUMLEE GULF BEACH REALTY
| |
|
03/14/2023
|
2 Bed
|
2 Bath
|
1300 ft²
|
$369,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Jeff Lopatin
GULF TO BAY REAL ESTATE
| |
|
07/15/2022
|
2 Bed
|
2 Bath
|
1300 ft²
|
$325,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Jeff Lopatin
GULF TO BAY REAL ESTATE
| |
|
02/27/2022
|
2 Bed
|
2 Bath
|
1300 ft²
|
$325,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Rachel Alexander
Whitaker Realty, PA
| |
|
05/28/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$274,000
2 Bed
2 Bath
1300 ft²
|
$260,000
-5.11%
07/13/2021
|
Anna Zdzierak PA
FUTURE HOME REALTY INC
| |
|
11/05/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$249,900
2 Bed
2 Bath
1300 ft²
|
$215,000
-13.97%
01/29/2021
|
Marilyn Hupfeld
GULF TO BAY REAL ESTATE
| |
|
03/22/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$249,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Jeff Lopatin
GULF TO BAY REAL ESTATE
| |
|
03/14/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$229,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Ann McIntosh
GULF TO BAY REAL ESTATE
| |
|
01/28/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$225,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Marilyn Hupfeld
GULF TO BAY REAL ESTATE
| |
|
01/22/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$183,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Sofi Menahem
COLDWELL BANKER RESIDENTIAL
| |
|
12/14/2019
|
3 Bed
|
3 Bath
|
1980 ft²
|
$349,000
3 Bed
3 Bath
1980 ft²
|
-
-
|
-
| |
|
05/03/2019
|
2 Bed
|
2 Bath
|
1300 ft²
|
$168,000
2 Bed
2 Bath
1300 ft²
|
$155,000
-7.74%
05/20/2019
|
Yulia Stock-Ponomareva
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017