$301,942*
●
Condo -
Off Market
253 REX PLACE #F
MADEIRA BEACH, FL 33708
1 Bed
2 Baths,
1
Half Bath
755 Ft²
$180,000 - $218,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Nicely appointed two story townhome style condo with peek-a-view of
the water and large one bedroom and 1.5 baths in a gated community
one block from the beach. Fully furnished with washer and dryer
conveniently located inside the condo. Easy access from parking
just outside the gate, and directly across the street from the ROC
Park which includes tennis courts, basketball courts, baseball
fields, and walkable waterfront paths. The complex allows weekly
rentals, as well as year-round living, and has four fishing piers,
two pools, clubhouse, workout facility, bike storage, and indoor
hot tub. Excellent income potential with great proximity to grocery
stores, dollar store, pharmacy, and beach bars/restaurants. Living
room has a wood burning fireplace for those cool winter evenings.
Bedroom sleeps 4 with huge walk-in closet as a bonus. Separate
dining room between kitchen and living room also has a storage
closet. With its affordable pricing, you can now live where others
vacation!
The manager has listed the unit size as 755 square feet.
The manager has listed the unit size as 755 square feet.
Unit Size
755 Ft²
Days on Market
-
Land Size
9.66 acres
Price per sqft
$265
Property Type
Condo
Property Taxes
$158
HOA Dues
$33
Year Built
1973
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| Feb 26, 2019 | No longer available | - | |
| No longer available | |||
| Jan 26, 2019 | Price Decreased |
$199,999
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Nov 30, 2018 | Price Decreased |
$205,000
↓ $3K
(1.4%) | |
| Price Decreased | |||
| Sep 16, 2018 | Listed | $207,900 | |
| Listed | |||
Property Highlights
Fireplace
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
1 Bed
|
1 Bath
|
755 ft²
|
$350,000
1 Bed
1 Bath
755 ft²
|
$340,000
-2.86%
10/22/2025
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
03/27/2022
|
1 Bed
|
2 Bath
|
755 ft²
|
$489,000
1 Bed
2 Bath
755 ft²
|
$489,000
05/13/2022
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
10/04/2021
|
1 Bed
|
1 Bath
|
430 ft²
|
$349,900
1 Bed
1 Bath
430 ft²
|
$357,000
+2.03%
11/08/2021
|
Karin Zimmerman
CENTURY 21 COAST TO COAST
| |
|
05/09/2020
|
1 Bed
|
2 Bath
|
755 ft²
|
$245,000
1 Bed
2 Bath
755 ft²
|
$237,000
-3.27%
06/29/2020
|
Amberly McWilliams
DOUGLAS ELLIMAN
| |
|
02/18/2019
|
1 Bed
|
2 Bath
|
755 ft²
|
$256,000
1 Bed
2 Bath
755 ft²
|
-
-
|
Denise Champagne
CENTURY 21 RE CHAMPIONS
| |
|
09/16/2018
|
1 Bed
|
2 Bath
|
755 ft²
|
$207,900
1 Bed
2 Bath
755 ft²
|
-
-
|
Jan Adams
LUXURY & BEACH REALTY INC
| |
|
06/21/2018
|
1 Bed
|
2 Bath
|
755 ft²
|
-
1 Bed
2 Bath
755 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017