13426 Gulf BOULEVARD
About This Property
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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.
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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 |
|---|---|---|---|
| Oct 14, 2025 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Sep 13, 2025 | Listed | $1,150,000 | |
| Listed | |||
| | |||
|
One of a kind Gulf-side beach house. Three-bedroom, three full bath split plan, completely furnished and steps away from easy beach access with no streets to cross. This home can be elevated to to provide a direct Gulf view (SEE PHOTOS ) This beach house is upgraded, tastefully remodeled and completely furnished. Perfect for a private beach get-away or a potential AIRBNB vacation rental goldmine. Zoning allows for un-restricted rental periods. Main structure is block construction. If you want to expand, a second-floor addition would have un-obstructed Gulf views. It's ideally located near world-famous John's Pass Village with fabulous seafood dining and over 100 shops. Open floor plan provides plenty of natural light and is beautifully finished with marble flooring and all the right appointments. Master Bedroom has a private bath and a walk-in closet. Kitchen is bright with loads of cabinets for storage finished with granite tops, wood cabinets and modern appliances. Full size washer and dryer conveniently located inside. A six-foot privacy fence surrounds the property and the outdoor patio features a Tiki Bar that’s perfect for entertaining. Patio has access to the third cabana bath with shower perfect for a freshen up after a day at the beach. Parking for three cars up front. Gulf side single family homes like this rarely become available. No condo fees, no condo rules. Existing house can accommodate a 2nd story with an un-obstructed view of the Gulf. If you want to build new; zoning for this lot allows for a height restriction of 44 feet or 3 stories over parking.
| |||
| Mar 29, 2025 | Price Decreased |
$1,150,000
↓ $80K
(6.5%) | |
| Price Decreased | |||
| Mar 12, 2025 | Price Decreased |
$1,230,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Jan 7, 2025 | Relisted | $1,150,000 | |
| Relisted | |||
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About Madeira Beach
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Currently no similar homes aroundNearby Rentals
$3,250 /mo
- 2 Beds
- 2 Baths
- 1,150 ft²
$3,400 /mo
- 3 Beds
- 2 Baths
- 1,230 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017