16300 Gulf BOULEVARD #300B
About This Property
The master suite, which has acacia wood flooring, faces the Gulf. It has a seating area, two walk-in closets, and balcony access. The bath has a walk-in shower and Jacuzzi Spa tub. Two additional bedroom suites have full baths and walk-in closets. An office/media room with surround sound speakers and a private balcony could serve as a fourth bedroom. The house is wired with a Sonos Sound system for indoor and outdoor entertainment. The high impact windows and sliding hurricane doors provide a high level of security during tropical storms.
Enter the secure ground level parking area to your roomy two car garage, then take the private elevator to your third-floor unit. A service elevator provides access to the back door of the unit, where you enter into a laundry room with abundant counterspace and storage cupboards.
From the garage you enter your individual cabana to access the pool and spa area. Then just a 90 second walk to the sand beach and salt waters of the Gulf. This exceptional property will not remain on the market long.
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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