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Map
16300 GULF BOULEVARD #300B
About This Property
Vizcaya sustained no structural damage in the recent hurricanes. Amenities such as garage doors, cabana doors, landscaping, pool and spa and equipment are in the process of repair/replacement and are funded under special assessments that were paid by the owners. Owner assumes responsibility for any additional assessments related to hurricane Helene and Milton repairs not covered by the prior special assessments. All hurricane related repairs are in process. Anticipated completion timelines are available upon request.
The Milestone Study is complete but will be updated to reflect completion of hurricane related repairs as they positively impact the reserve requirements for pool, spa, equipment, elevator, and building repainting.
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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 12, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Price Decreased |
$3,340,000
↓ $159K
(4.5%) | |
| Price Decreased | |||
| Feb 16, 2026 | Price Decreased |
$3,499,000
↓ $300K
(7.9%) | |
| Price Decreased | |||
| Nov 19, 2025 | Price Decreased |
$3,799,000
↓ $191K
(4.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/29/2024
|
3 Bed
|
3 Bath
|
3940 ft²
|
$4,334,000
3 Bed
3 Bath
3940 ft²
|
$3,150,000
-27.32%
06/12/2026
|
Ryan Burley
CAP X REAL ESTATE LLC
| |
|
06/16/2021
|
3 Bed
|
4 Bath
|
3940 ft²
|
$2,900,000
3 Bed
4 Bath
3940 ft²
|
$2,450,000
-15.52%
09/15/2021
|
George Spencer
INVESTORS CHOICE REALTY
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017