1969 BEACH Avenue
About This Property
Discover an unparalleled slice of coastal paradise with 100 feet of pristine ocean frontage in one of the most coveted areas of North Atlantic Beach. This unique property offers two residences on one expansive parcel, perfect for those seeking a luxurious beach retreat, multigenerational living, or an income-generating opportunity. Even more enticing, the parcel can be divided into two 50-foot oceanfront lots, offering incredible flexibility for future development or investment. The primary residence is a striking three-story, 2,412-square-foot home featuring 3 bedrooms and 2.5 baths. Recently upgraded with newly installed windows on the eastern and northern sides, the home offers panoramic ocean views and an abundance of natural light. The open-concept design seamlessly blends modern comforts with timeless coastal charm, ensuring every moment is bathed in seaside tranquility. Complementing the main home is a charming 1,048-square-foot A-frame cottage, a two-story haven with 2 bedrooms and 1 bath. Its unique architecture and cozy design make it ideal as a guest house, artist's studio, or vacation rental. Situated on one of the highest elevations in Atlantic Beach, this property not only delivers breathtaking ocean vistas but also offers peace of mind with its elevated position. The location is second to nonenestled in the heart of North Atlantic Beach, you're moments from boutique shopping, dining, and the vibrant beach lifestyle this community is renowned for. Don't miss this rare opportunity to own a legacy property where every sunrise over the Atlantic feels like a masterpiece.
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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%.
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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 |
|---|---|---|---|
| Sep 7, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Price Decreased |
$4,100,000
↓ $4M
(50%) | |
| Price Decreased | |||
| Apr 16, 2025 | Price Increased |
$8,200,000
↑ $3M
(70.8%) | |
| Price Increased | |||
| Mar 14, 2025 | Listed | $4,800,000 | |
| Listed | |||
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Discover an unparalleled slice of coastal paradise with 50 feet of pristine ocean frontage in one of the most coveted areas of North Atlantic Beach. This striking three-story home offers 2,412-square-ft of living space featuring 3 bedrooms and 2.5 baths. Recently upgraded with newly installed windows on the eastern and northern sides, the home offers panoramic ocean views and an abundance of natural light. The open-concept design seamlessly blends modern comforts with timeless coastal charm, ensuring every moment is bathed in seaside tranquility. Situated on one of the highest elevations in Atlantic Beach, this property not only delivers breathtaking ocean vistas but also offers peace of mind with its elevated position. The location is second to nonenestled in the heart of North Atlantic Beach, you're moments from boutique shopping, dining, and the vibrant beach lifestyle for which this community is renowned.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017