2801 23RD AVENUE W
About This Property
Designed for both memorable vacations and strong rental appeal, the home is exceptionally well equipped for continued vacation rental use.
The backyard is truly the centerpiece of the property. A heated private swimming pool is enclosed within a screened lanai, creating a comfortable outdoor retreat with multiple spaces to relax and entertain. A **brand-new luxury 7-person Master Spas Twilight 7.2 hot tub** adds another premium amenity and provides year-round appeal. The backyard also features a dedicated fire-pit area.
The home's single-story layout makes it convenient for guests of all ages, while the spacious bedroom configuration includes a king primary suite with en-suite bath and additional bedrooms with queen beds - but with plenty of space to convert to kind beds.
Located just approximately 15–20 minutes from Anna Maria Island and Bradenton Beach, this property provides easy access to some of Florida's most desirable Gulf Coast beaches while remaining close to the restaurants, shopping, entertainment, and everyday conveniences of Bradenton.
Whether you're looking for a high-performing vacation rental, second home, or personal beach retreat with established rental income, Beachin' Escape offers a rare combination of income history, desirable amenities, and turnkey vacation appeal.
**Property Highlights:**
• Proven vacation-rental performance: approximately **$89,000 gross revenue in 2025**
• Approximately **$91,500 already booked for 2026**, with projected gross revenue exceeding $100,000 for the full year.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by LOCALS PROPERTY MANAGEMENT | $645,000 | |
| Listed by LOCALS PROPERTY MANAGEMENT | |||
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Price Increased |
$499,900
↑ $20K
(4.2%) | |
| Price Increased | |||
| Jan 6, 2024 | Relisted | $479,900 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017