2948 N OCEAN SHORE Boulevard
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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 31, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$1,190,000
↓ $100K
(7.8%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed by COMPASS FLORIDA | $1,290,000 | |
| Listed by COMPASS FLORIDA | |||
| | |||
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Stunning 3-Story Oceanview Home on Jimmy Buffett Memorial Hwy/ A1A – Deeded Beach Access!
Experience the ultimate coastal lifestyle in this 4-bedroom, 3-bathroom home in scenic Flagler Beach! Enjoy breathtaking ocean views from all three stories, with deeded beach access just steps away.
Built for comfort and durability, this home features impact-resistant windows, a newer roof, and an energy-efficient AC system. A private elevator provides easy access to all levels, while expansive balconies invite you to relax and soak in the coastal breeze.
The primary suite is a true retreat, offering a private balcony with stunning Intracoastal Waterway views—perfect for sunsets. Wake up to spectacular sunrises, spend your days by the ocean, and embrace the best of beachside living with private beach access just across the street. Owner rents half the year and generated over $60k in 6 months.
Whether you're looking for a permanent home, vacation retreat, or investment property, this oceanview gem is a rare find. Don’t miss your chance to own a slice of paradise—schedule your showing today! Call for rental income verification!
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| Jun 25, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017