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2208 AVENUE A
About This Property
Ideally positioned just one block from Anna Maria Sound and approximately four blocks to the Gulf beaches, the location provides convenient access to both bay and beach. Outdoor living is a key feature, with a private pool and spa, multiple balconies, and dedicated areas for lounging and dining in a tropical setting.
The elevated structure includes a two-car garage with alley access, along with established landscaping that enhances privacy and curb appeal. Inside, the single-level floor plan offers seamless flow between the kitchen, dining, and main living spaces. The kitchen is centrally located and well-suited for gathering and daily use.
All three bedrooms include ensuite bathrooms, each updated with contemporary finishes. Two bathrooms feature walk-in glass showers, while the third includes a tub and shower combination.
Conveniently located near local shops, dining, and waterfront activities, with access to the free island trolley for easy navigation throughout Anna Maria Island. This property offers a well-balanced combination of updated interior finishes, strong outdoor living, and a central island location.
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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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$1,945,000
↓ $50K
(2.5%) | |
| Price Decreased | |||
| Mar 30, 2026 | Listed by MICHAEL SAUNDERS & COMPANY | $1,995,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Mar 2, 2025 | Price Decreased |
$2,149,000
↓ $136K
(6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017