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14339 RICE ROAD
About This Property
Situated on a spacious double lot with quick direct access to the Gulf, this concrete block home is located just around the corner from the Hudson Marina and Get Hooked Grill. Spend your days boating, fishing, island hopping, dolphin watching, or enjoying waterfront restaurants just minutes from your doorstep. The long driveway, covered carport, and attached workshop/storage room add valuable functionality for boating gear, tools, hobbies, or additional storage.
Extensively updated in 2025 with luxury vinyl plank flooring, quartz countertops, renovated bathrooms, upgraded electrical systems, impact-rated windows and sliding glass doors, fresh interior paint, and more.
Nature lovers will appreciate the peaceful setting surrounded by protected marsh and county-owned land, creating an uncommon sense of privacy with very few neighboring homes nearby. Frequently visited by dolphins and manatees and located within a cormorant colony, the property attracts blue herons, egrets, osprey, and even bald eagles - offering a true Old Florida coastal atmosphere just minutes from Gulf waters, marinas, waterfront dining, and endless boating adventures.
Whether you're searching for a full-time residence, seasonal retreat, or investment opportunity near the water, this property offers a unique combination of space, flexibility, privacy, and coastal lifestyle that deserves a closer look.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017