57
Map
159 MEDALLION BOULEVARD #H
About This Property
Listed By
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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 |
|---|---|---|---|
| Apr 15, 2026 | Listed by KELLER WILLIAMS GULF BEACHES | $355,000 | |
| Listed by KELLER WILLIAMS GULF BEACHES | |||
| Jun 11, 2025 | Price Decreased |
$375,000
↓ $14K
(3.6%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed | $399,000 | |
| Listed | |||
| | |||
|
Experience the best of beachside living with this charming, completely updated one-bedroom, one-bath unit at the Madeira Beach Yacht Club, offering direct waterfront views of the Intracoastal Waterway viewable from two enormous picture windows. The unit features two sizable closets, a dining area, and an in-unit washer and dryer. Located in a gated community known for its vibrant coastal lifestyle, this unit is not only an ideal personal retreat but also can be utilized as a smart investment property offering weekly short term rentals. Sit outside your unit and soak in the sun or get active while enjoying the two heated pools, hot tub, fully equipped fitness center, game room, and four fishing piers—just some of the amenities available to residents and guests.
The location is unbeatable, with walkable access to local restaurants, the Cambria Hotel’s rooftop lounge, and all the charm of Madeira Beach. Just cross Gulf Boulevard and you’re on the soft white sands of the Gulf, perfectly positioned to catch those iconic Florida sunsets. The surrounding area is full of activity and convenience, featuring nearby tennis courts, basketball courts, baseball fields, a public library, and a shopping plaza. Whether you’re looking for a relaxing getaway or a high-performing rental, this unit delivers the perfect blend of comfort, location, and coastal charm.
| |||
| Feb 24, 2023 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2023
|
1 Bed
|
1 Bath
|
430 ft²
|
$395,000
1 Bed
1 Bath
430 ft²
|
$390,000
-1.27%
11/20/2023
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
09/19/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$349,000
1 Bed
1 Bath
430 ft²
|
$315,000
-9.74%
02/24/2023
|
Michael Lynch
COLDWELL BANKER SUN VISTA
| |
|
07/23/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$414,000
1 Bed
1 Bath
430 ft²
|
-
-
|
Gina Johnson
WATERFRONT REALTY TAMPABAY
| |
|
06/13/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$379,000
1 Bed
1 Bath
430 ft²
|
$352,000
-7.12%
08/19/2022
|
Michael Wyckoff
Engel & Volkers Madeira Beach
| |
|
06/13/2022
| |
1 Bed
|
1 Bath
|
430 ft²
|
$399,000
1 Bed
1 Bath
430 ft²
|
$390,000
-2.26%
10/10/2022
|
Michael Wyckoff
Engel & Volkers Madeira Beach
|
|
07/21/2021
|
1 Bed
|
1 Bath
|
430 ft²
|
$235,000
1 Bed
1 Bath
430 ft²
|
$235,000
07/21/2021
|
Gina Johnson
WATERFRONT REALTY TAMPABAY
| |
|
08/21/2020
|
1 Bed
|
1 Bath
|
430 ft²
|
$230,000
1 Bed
1 Bath
430 ft²
|
-
-
|
Michelle Chandler
Future Home Realty Inc
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017