1944 S OCEAN SHORE BOULEVARD
About This Property
Experience coastal living at its finest in this one-of-a-kind oceanfront retreat! Perfectly situated to capture sweeping, unobstructed ocean views, this unique three-story home is zoned Tourist Commercial, offering exceptional flexibility for both personal use and income potential.
The first floor features a spacious open-concept room with a full bath - ideal for a guest suite, recreation area, or potential rental space.
Upstairs, the second floor showcases a beautifully designed kitchen that opens to a light-filled living area complete with floor-to-ceiling stone fireplace and stunning panoramic ocean views. A private bedroom suite completes this level, providing comfort and privacy.
The third-floor loft is an open suite highlighted by an exposed oversized jacuzzi tub, creating a true spa-like escape with ocean vistas right from your window.
Whether you're looking for a full-time beach residence, a vacation getaway, or a profitable short-term rental opportunity, this property offers the best of all worlds - coastal charm, flexibility, and unbeatable views.
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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 |
|---|---|---|---|
| Nov 28, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by COMPASS FLORIDA | $1,060,000 | |
| Listed by COMPASS FLORIDA | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Ormond-by-the-Sea
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COMPASS FLORIDA
Last Updated: 10 months ago
Data Source: Stellar MLS, MLS# FC313827
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Address: 335 Madison Avenue, New York, NY 10017