233 Redfish Circle
About This Property
This home is nicely situated in a quiet neighborhood yet still right in the heart of the iconic 30A area of Blue Mountain Beach. Enjoy your time boating or fishing at Western Lake at Grayton Beach, hiking or biking the nature trails, or soaking up the warm Florida sun on the pristine beaches of the Gulf of Mexico. All of it just minutes away! There is a an easement to a beach just down the road and you have access to public beaches too at Highway 83 Blue Mountain access or Gulfview Heights access. You may even be able to join the amenity package at Village of Blue Mountain Beach (if available) for access to a pool, fitness center and shuffle board right across the way.
Blue Mountain Beach is also the highest elevation of Florida's Gulf Coast lending incredible views and beautiful natural dunes and wild flowers. Enjoy the great outdoors with the surrounding state parks, nature trials and the 22-mile bike & jogging path. Kayak or paddle board on one of the rare coastal dune lakes and experience a unique ecosystem that is only available to approximately 5 locations in the world! There are many options nearby for dining and entertainment and you are also close to Grayton Beach and Gulf Place. Do not miss out on this incredible opportunity to own a charming, one level home in Blue Mountain Beach. This is an ideal primary or second home to enjoy the coastal lifestyle or a prime rental investment if desired, with established rental income breaking $100k annually!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Price Decreased |
$934,900
↓ $4K
(0.4%) | |
| Price Decreased | |||
| Aug 20, 2025 | Price Increased |
$939,000
↑ $40K
(4.5%) | |
| Price Increased | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017