39
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2938 Bluewater Highway
About This Property
Below, a massive ground-level entertainment zone sets the stage for epic post-beach hangouts, while zero direct rear neighbors keeps your privacy wide open. Offered with thoughtfully curated coastal furnishings, this place feels elevated yet effortlessly chill. Beautiful, functional, and packed with high-performing short-term rental potential or personal luxury vibes, this beachfront masterpiece demands to be seen in person. Grab your piece of the sand before another buyer claims the view!
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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 6, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed by Carter Signature Properties | $825,000 | |
| Listed by Carter Signature Properties | |||
| Sep 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 21, 2026 | Price Decreased |
$849,900
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Feb 19, 2026 | Listed by Carter Signature Properties | $869,900 | |
| Listed by Carter Signature Properties | |||
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Stop dreaming about true beachfront living and start living it at 2938 Bluewater in Surfside Beach! This stunning 4-bedroom, 4.5-bathroom powerhouse is built for luxury, featuring three complete en-suite bedrooms so everyone gets their own private sanctuary. Dual beach-facing decks give you front-row seats to sweeping Gulf views, endless ocean breezes, and killer sunsets.
Below, a massive ground-level entertainment zone sets the stage for epic post-beach hangouts, while zero direct rear neighbors keeps your privacy wide open. Offered with thoughtfully curated coastal furnishings, this place feels elevated yet effortlessly chill. Beautiful, functional, and packed with high-performing short-term rental potential or personal luxury vibes, this beachfront masterpiece demands to be seen in person. Grab your piece of the sand before another buyer claims the view!
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About Surfside Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017