175 Coquina Key Drive
About This Property
The manager has listed the unit size as 2357 square feet.
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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%.
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 |
|---|---|---|---|
| May 19, 2025 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Mar 18, 2025 | Price Decreased |
$749,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Mar 1, 2025 | Listed | $759,000 | |
| Listed | |||
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Incredible opportunity in Coquina Key! This stunning ocean-view pool home in the highly sought-after Ormond By The Sea community offers the perfect blend of coastal charm, thoughtful design, and modern updates. Wake up to stunning Florida sunrises and unwind in the evening with refreshing ocean breezes from the second-floor observation deck, upgraded with a new flat TPO roof in 2023. For those looking to expand, there's potential to add another rooftop observation deck to take full advantage of the coastal views. The Mediterranean-inspired architecture is complemented by 10-foot ceilings throughout the first floor, creating a bright and open atmosphere. The grand entrance leads to a spacious great room, where natural light fills the space through plantation shutters and large windows. The etched glass detail at the top of the staircase adds a unique artistic touch, enhancing the home's character. The kitchen was renovated in 2024 with new granite countertops and stainless steel
appliances, offering both beauty and functionality. The split-bedroom floor plan provides privacy, with a well-appointed primary suite featuring a private entry to the pool area. The second bathroom was updated in 2023 and is conveniently located between the two guest bedrooms, each offering ample closet space.
Sliding glass doors open to the private backyard oasis, where a sparkling pool with a newly resurfaced deck (2024) and a new pool pump (2024) make this home perfect for entertaining or simply relaxing in your own slice of paradise. Mature tropical landscaping, fresh flower beds, and newly replaced grass (2024) enhance the outdoor space, making it a true retreat.
A brand-new tile roof was installed in 2025, along with replaced ductwork and resealed windows, ensuring both longevity and energy efficiency. A French drain was added to the front flower bed in 2025 to further enhance drainage and curb appeal.
Homes in this subdivision have a one-month minimum rental policy, making it a fantastic primary residence, vacation home, or investment opportunity.
With its ocean views, private pool, high-end updates, and expansion potential, this is a rare opportunity to own a coastal dream home in Ormond By The Sea. Schedule your private showing today!
Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyer(s) / agent to perform due diligence to verify all measurements and data prior to offer.
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| Oct 16, 2014 | Sold | ||
| Sold | |||
| Mar 11, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017