13101 GULF BOULEVARD #1306
About This Property
The manager has listed the unit size as 762 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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Price Decreased |
$625,000
↓ $14K
(2.2%) | |
| Price Decreased | |||
| Nov 17, 2023 | Listed | $639,000 | |
| Listed | |||
| | |||
|
Welcome to the elegant, newly built Madeira Bay Resort with gorgeous views of the Gulf of Mexico! Nestled on the the intracoastal waterway just steps away from the beach, with adjoining marina, water views on multiple sides, and just a short stroll to the ever-popular restaurants, shops, and activities of John's Pass Village & Boardwalk. Step inside this turn-key 2 bedroom 2 bathroom condo to admire the high ceilings, contemporary styling, wonderful lighting, and ceramic tile flooring throughout. This unit comes fully furnished, including all décor, a fully stocked kitchen, and beach supplies. Come and enjoy your personal slice of paradise as you watch the sunset from your balcony, relax and enjoy the pool and hot tub, or take the boat out for a cruise! While you're not using it, let the condo pay for itself and more. There is no minimum rental period and there are many rental reservations already on the books. You can keep the same rental management for a smooth transition, manage yourself, or choose your own manager. Revenue from rentals was $76,100 in 2022 and $76,400 for 2023. Low condo fees. This is a rare, truly turn-key VACATION DREAM AND INVESTMENT!
| |||
| Nov 3, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2026
|
2 Bed
|
2 Bath
|
762 ft²
|
$599,000
2 Bed
2 Bath
762 ft²
|
$585,000
-2.34%
05/01/2026
|
Kristin Hallamek
Engel & Volkers Belleair
| |
|
02/06/2026
|
2 Bed
|
2 Bath
|
762 ft²
|
$585,000
2 Bed
2 Bath
762 ft²
|
$580,000
-0.85%
03/27/2026
|
Stephen Hachey
Lowest Fee Realty LLC
| |
|
11/19/2025
|
2 Bed
|
2 Bath
|
762 ft²
|
$619,000
2 Bed
2 Bath
762 ft²
|
$550,000
-11.15%
01/29/2026
|
Jonathan Minerick
Homecoin.com
| |
|
08/01/2025
|
2 Bed
|
2 Bath
|
762 ft²
|
$624,900
2 Bed
2 Bath
762 ft²
|
$595,000
-4.78%
10/17/2025
|
Windy Hagaman
DALTON WADE INC
| |
|
07/05/2025
|
2 Bed
|
2 Bath
|
841 ft²
|
$649,900
2 Bed
2 Bath
841 ft²
|
$645,000
-0.75%
08/27/2025
|
Fatima Rapuano
TOTAL REALTY SERVICES INC
| |
|
04/02/2025
|
2 Bed
|
2 Bath
|
758 ft²
|
$649,500
2 Bed
2 Bath
758 ft²
|
$625,000
-3.77%
06/20/2025
|
Don Taylor
Realty Executives Adamo
| |
|
04/18/2024
|
2 Bed
|
2 Bath
|
758 ft²
|
$625,000
2 Bed
2 Bath
758 ft²
|
$612,500
-2.00%
06/07/2024
|
Stephanie Berry
CENTURY 21 BEGGINS
| |
|
11/17/2023
|
2 Bed
|
2 Bath
|
762 ft²
|
$639,000
2 Bed
2 Bath
762 ft²
|
$600,000
-6.10%
07/29/2024
|
Kyle Hollister
AGENTRY REAL ESTATE LLC
| |
|
11/02/2023
|
2 Bed
|
2 Bath
|
758 ft²
|
$689,900
2 Bed
2 Bath
758 ft²
|
$650,000
-5.78%
03/22/2024
|
Helle Hartley
CENTURY 21 JIM WHITE & ASSOC
| |
|
02/05/2023
|
2 Bed
|
2 Bath
|
841 ft²
|
$655,000
2 Bed
2 Bath
841 ft²
|
$629,500
-3.89%
10/12/2023
|
Troy Walseth
KELLER WILLIAMS GULF BEACHES
| |
|
02/03/2023
|
2 Bed
|
2 Bath
|
762 ft²
|
$659,900
2 Bed
2 Bath
762 ft²
|
$655,000
-0.74%
02/27/2023
|
Doreen Moore
TOTAL REALTY SERVICES INC
| |
|
11/18/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$615,000
2 Bed
2 Bath
762 ft²
|
$605,000
-1.63%
12/28/2022
|
Wendy Lockhart
Lockhart & Associates R.E. LLC
| |
|
11/18/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$615,000
2 Bed
2 Bath
762 ft²
|
$615,000
12/29/2022
|
Wendy Lockhart
Lockhart & Associates R.E. LLC
| |
|
11/11/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$650,000
2 Bed
2 Bath
762 ft²
|
$650,000
03/15/2023
|
Chad Hatfield
RealJoy Realty LLC
| |
|
11/07/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$659,000
2 Bed
2 Bath
762 ft²
|
$620,000
-5.92%
02/24/2023
|
Cameran Colandrea
REALTY EXPERTS
| |
|
09/14/2022
|
1 Bed
|
2 Bath
|
770 ft²
|
$650,000
1 Bed
2 Bath
770 ft²
|
$650,000
09/14/2022
|
Nick Newbury
Century 21 Beggins Enterprises
| |
|
03/18/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$572,000
2 Bed
2 Bath
762 ft²
|
-
-
|
Anna Maslanka
TOTAL REALTY SERVICES INC
| |
|
11/16/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$550,000
2 Bed
2 Bath
762 ft²
|
$559,000
+1.64%
01/05/2022
|
Joe Deaner
CENTURY 21 LIST WITH BEGGINS
| |
|
10/19/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$549,900
2 Bed
2 Bath
762 ft²
|
$549,900
01/06/2022
|
Keith Slater
COASTAL HOME ADVISORS RE
| |
|
10/08/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$545,000
2 Bed
2 Bath
762 ft²
|
$545,000
11/19/2021
|
Keith Slater
COASTAL HOME ADVISORS RE
| |
|
09/10/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$499,000
2 Bed
2 Bath
762 ft²
|
$530,000
+6.21%
11/03/2021
|
Kristin Lemmerman
COASTAL HOME ADVISORS RE
| |
|
09/01/2021
|
2 Bed
|
2 Bath
|
758 ft²
|
$529,900
2 Bed
2 Bath
758 ft²
|
-
-
|
Justin Wentworth
EZ CHOICE REALTY
| |
|
04/05/2021
|
2 Bed
|
2 Bath
|
841 ft²
|
$455,000
2 Bed
2 Bath
841 ft²
|
-
-
|
Doreen Moore
TOTAL REALTY SERVICES INC
|
Building Info
- 2 Units for Sale
About Madeira Beach
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017