166 Ocean Spray Circle
About This Property
Step inside to discover a mostly single story spacious layout featuring three inviting bedrooms, two well-appointed bathrooms plus a second story bonus room that can be used as a fourth bedroom or office. Located on a quiet cul-de-sac, the heart of the home is the open-plan living area, where an elegant formal dining room sets the stage for memorable gatherings. Whether as a primary residence, second home or vacation rental this fully furnished property with tasteful decor allows you to settle in effortlessly.
Culinary enthusiasts will appreciate the modern kitchen, equipped with essential appliances like a range, microwave, dishwasher, and disposal. Practical amenities include central HVAC and ceiling fans ensuring comfort throughout the year.
Outside, unwind on your porch with a private fully fenced-in backyard, or enjoy the community's impressive 13,000+ square foot lagoon-style pool, complete with cascading waterfalls. The property's garage provides convenient storage, while the gated community offers peace of mind.
Located just half a mile from pristine Gulf beaches and vibrant shopping and dining at Gulf Place plus close proximity to other 30A restaurants and shopping, this home is a true sanctuary. Experience the perfect blend of convenience and tranquility in this traditional-style haven.
Golf Cart not included in sale.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Price Decreased |
$799,000
↓ $46K
(5.4%) | |
| Price Decreased | |||
| Apr 11, 2026 | Price Decreased |
$845,000
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Nov 27, 2025 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Sep 13, 2025 | Listed by Cole Blair Properties LLC | $899,000 | |
| Listed by Cole Blair Properties LLC | |||
| Apr 29, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017