14251 Gulf BOULEVARD #1
About This Property
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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 |
|---|---|---|---|
| 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 | |||
| 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 | |||
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Welcome to the ultimate beach getaway in highly desirable and rarely available Tropic Breezes. Located directly across from the Gulf with public beach access and in close proximity to Historic John's Pass Village, this condo is exactly what you've been waiting for! Enjoy the resort-type setting with a large, heated pool, grill area, and shuffleboard. For convenience, the building also offers on-site coin laundry. Inside this renovated 1 bedroom/1 bathroom unit you'll find everything you need and want! Wood-look plank tile flooring throughout creates a timeless look while allowing for easy cleaning. A fully renovated kitchen area offers updated cabinets, marble countertops, complementary backsplash, stainless steel refrigerator, range, microwave, and large sink. The spa-like bathroom features gorgeous tile and a modern vanity with quartz. In addition to these beautiful upgrades, all windows in the unit are hurricane impact windows! Come enjoy your new beach retreat or start renting it out immediately and have it pay for itself! The possibilities are endless!!!
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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