2427 FLAMINGO BOULEVARD #K27
About This Property
Fourth Bayshore is known for its warm, welcoming atmosphere and a full calendar of activities that bring neighbors together. Residents enjoy shuffleboard and bocce leagues, regular coffee socials and ladies' luncheons, monthly golf outings, and special events like themed dinners, pancake breakfasts, Vegas Night, Super Bowl parties, and live entertainment at Friendship Square. The community also takes pride in its beautifully maintained grounds, thanks to the combined efforts of a dedicated lawn and landscape team and an active Garden Club that works year-round to keep the gardens looking their best.
Beyond the community itself, you'll appreciate the prime location-just minutes from shops, restaurants, and nearby bus stops. Plus, the State College of Florida is conveniently located across the street, offering residents access to athletic events, cultural performances, and more.
Discover the comfort, convenience, and sense of community that make Fourth Bayshore such a special place to call home!
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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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$83,000
↓ $4K
(4.6%) | |
| Price Decreased | |||
| Sep 24, 2025 | Price Decreased |
$87,000
↓ $7K
(7.5%) | |
| Price Decreased | |||
| Sep 10, 2025 | Price Decreased |
$94,000
↓ $5K
(5.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2025
|
1 Bed
|
1 Bath
|
576 ft²
|
$99,000
1 Bed
1 Bath
576 ft²
|
$80,000
-19.19%
12/30/2025
|
Joseph Evans, Jr.
PREMIER BROKERS INTERNATIONAL
|
Building Info
About Bay shore Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017