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231 LAGOON DRIVE
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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 |
|---|---|---|---|
| Oct 30, 2026 | Listed by CANCELLI COASTAL REALTY | $430,000 | |
| Listed by CANCELLI COASTAL REALTY | |||
| Nov 15, 2023 | No longer available | - | |
| No longer available | |||
| Sep 12, 2023 | Listed by Coastal Properties Group International, LLC | $730,000 | |
| Listed by Coastal Properties Group International, LLC | |||
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Rare Waterfront Opportunity in Ozona - Build Your Dream Home! Waterfront lots are a finite resource, and once they're gone, they're gone forever. Here's your exclusive opportunity to secure one of the few remaining waterfront lots in the cherished GOLF CART community of Ozona. This oversized lot is 0.26 acres and presents an ideal canvas for crafting your coastal dream home. New survey is available upon request.
The lot includes a designated parcel across the street, to build your private dock, making this location a haven for boating enthusiasts. Dive into a world of water-based activities with flats boat fishing, kayaking, paddleboarding, and jet skiing right at your doorstep. The Gulf of Mexico is just minutes away, offering endless aquatic adventures. The County has approved the Shore Drive Bridge replacement, according to the plans this will increase the navigational clearance by 3 feet, providing about 5 feet clearance above mean high waterline. The Pinellas Trail is just a stone’s throw away. The 47-mile-long scenic trail - stretches from Tarpon Springs in the north to St. Petersburg in the south - invites you to explore the beauty of the region on foot or bike.
Ozona's reputation as a highly sought-after community is well-deserved, with its unique blend of tranquility and accessibility. This small town boasts a variety of charming shops and restaurants, catering to every palate. A short drive leads to Honeymoon Island and Clearwater Beach, perfect for beachcombing and relaxation. Nearby Dunedin and Tarpon Springs host a myriad of cultural events and craft shows, ensuring there’s always something captivating to experience.
Don't miss your chance to create your own coastal paradise in Ozona. Secure this precious piece of waterfront land before it's too late and make your dream home a reality!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017