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150 Beach Drive
About This Property
Welcome to 150 Beach Drive, where fresh updates, smart design, and an unbeatable location come together to create an easy, move-in-ready lifestyle. This beautifully updated home has already done the work for you, featuring brand-new improvements throughout, including a new water heater, fresh interior and exterior paint, new Hardie board siding, new front and back doors, and replacement of both front-facing upstairs windows. Both bathrooms shine with remodeled showers, and for added peace of mind, the master bedroom and front living room window glass was replaced in Sept 2025. Location is a major win here just minutes from Eglin AFB and Hurlburt Field, making this an ideal choice for active-duty military and DOD personnel. Everyday essentials are close by with Publix right across the main road, plus highly regarded schools including Shalimar Elementary, Pryor Middle School, and Choctaw High School. Inside, the split-bedroom floor plan offers both comfort and functionality. The main-level primary suite provides a private retreat with dual step-in closets, ceiling fan, double vanity, and a tiled tub/shower combo. The kitchen blends style and efficiency with granite countertops, recessed lighting, a galley layout, and a convenient laundry closet, opening seamlessly to the dining area accented by crown molding and chair railing. Downstairs, enjoy tile flooring and abundant natural light, while upstairs features laminate wood flooring, two spacious bedrooms with ceiling fans, ample closet space, and extra attic storage. Step outside to a privacy-fenced backyard complete with a large storage shed perfect for tools, bikes, beach gear, or weekend projects. Stylish updates. Smart layout. Prime location.
Homes like this don't last long schedule your private showing today and see why 150 Beach Drive is such a standout.
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Relisted | $315,000 | |
| Relisted | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017