14251 Gulf BOULEVARD #1
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.
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by RE/MAX CHAMPIONS | $329,000 | |
| Listed by RE/MAX CHAMPIONS | |||
| | |||
|
Welcome to your first floor, end unit coastal cottage in the highly sought-after Tropic Shores community that is perfectly positioned just across from the sugar-sand beaches of the Gulf, offering easy public beach access across the street and close proximity to Historic John's Pass Village. Step inside this fully furnished, completely renovated 1-bedroom, 1-bathroom unit and be impressed by its modern elegance. The consistent wood-look plank tile flooring throughout provides a stylish, low-maintenance finish. The fully updated kitchen boasts new cabinets, marble countertops, tile backsplash, and stainless steel appliances including a refrigerator, range, and microwave. The spa-like bathroom features stunning tile work and a contemporary quartz vanity. Additionally, the unit is equipped with hurricane impact windows for added peace of mind. Experience the ultimate resort lifestyle with amenities including a spacious heated pool, grill area, parking, and shuffleboard court. Convenience is key with on-site coin laundry facilities available for all residents. Whether you’re looking for a personal beach retreat or an investment opportunity with the potential for short or long-term rental income, this condo offers endless possibilities! FLOOD INSURANCE AND BUILDING INSURANCE INCLUDED IN HOA - along with basic cable and internet. Newer 2022 AC Unit!
| |||
| Jun 22, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by PEOPLE'S CHOICE REALTY SVC LLC | $298,000 | |
| Listed by PEOPLE'S CHOICE REALTY SVC LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2025
|
1 Bed
|
1 Bath
|
393 ft²
|
$299,900
1 Bed
1 Bath
393 ft²
|
$289,000
-3.63%
08/28/2025
|
Don Taylor
Realty Executives Adamo
| |
|
05/07/2025
|
1 Bed
|
1 Bath
|
393 ft²
|
$278,000
1 Bed
1 Bath
393 ft²
|
$255,000
-8.27%
01/26/2026
|
Greg Burney
FOXTAIL REAL ESTATE
| |
|
04/18/2025
|
1 Bed
|
1 Bath
|
393 ft²
|
$319,000
1 Bed
1 Bath
393 ft²
|
$285,000
-10.66%
06/26/2025
|
Don Taylor
Realty Executives Adamo
| |
|
08/17/2024
|
1 Bed
|
1 Bath
|
393 ft²
|
$328,000
1 Bed
1 Bath
393 ft²
|
$300,000
-8.54%
11/27/2024
|
SOFIA ERSHOVA
BUSINESS & REALTY CONSULTING OF FLORIDA
| |
|
07/26/2024
|
1 Bed
|
1 Bath
|
393 ft²
|
$329,000
1 Bed
1 Bath
393 ft²
|
$324,000
-1.52%
09/06/2024
|
Danielle Tringali
RE/MAX CHAMPIONS
| |
|
05/12/2023
|
1 Bed
|
1 Bath
|
393 ft²
|
$298,000
1 Bed
1 Bath
393 ft²
|
$300,000
+0.67%
06/22/2023
|
Kristen O'Connell-Rubin
PEOPLE'S CHOICE REALTY SVC LLC
| |
|
07/01/2022
|
1 Bed
|
1 Bath
|
393 ft²
|
$349,000
1 Bed
1 Bath
393 ft²
|
-
-
|
Stephanie Passman
CHARLES RUTENBERG REALTY INC
| |
|
10/05/2021
|
1 Bed
|
1 Bath
|
393 ft²
|
$234,900
1 Bed
1 Bath
393 ft²
|
-
-
|
Lambdin Freeman
Realty Experts
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017