304 N 7TH STREET
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Jan 18, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Listed by COMPASS FLORIDA | $944,000 | |
| Listed by COMPASS FLORIDA | |||
| Oct 21, 2025 | Listed | $944,000 | |
| Listed | |||
| | |||
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2023 Custom-Built Coastal Home – 4 Bed | 3 Bath | Elevator | Saltwater Heated Pool | Luxury Finishes Throughout
This stunning 2023-built residence showcases exceptional craftsmanship and thoughtful design at every turn. Featuring a first-floor guest suite for convenience and privacy, the main living quarters are located upstairs and easily accessible by elevator.
Soaring 11-foot ceilings and an open layout create an airy, elegant ambiance. Built with 2x8 trusses, impact-rated windows and doors, and spray foam insulation, this home was engineered for strength, efficiency, and quiet comfort.
The chef’s kitchen impresses with high-end Café appliances, a gas range, walk-in pantry, and expansive prep space. A wet bar with wine chiller adds a touch of sophistication for entertaining. The primary suite features a stunning dual shower with rainfall head, body jets, and handheld, offering a true spa experience.
Enjoy a heated saltwater pool and expansive covered deck with southern exposure, offering the perfect setting for sun-soaked afternoons and evening gatherings. A private outdoor shower completes the coastal lifestyle, making it easy to unwind after time on the boat or beach.
Additional features include commercial-grade propane heating for the water and dryer, EV connection for electric vehicles, and an electric fireplace that enhances the main living area’s warmth and style.
With over 12 feet of clearance, there’s enough covered space to park both a 40-ft Class C RV and a 32-ft boat simultaneously, or accommodate up to 10 vehicles under roof plus 6 more in the driveway. Perfect for buyers who bring big toys and expect big features!
Purchase of this home also includes a deeded beachfront property (littoral rights), giving you ownership to the mean high-water line and the potential to build your own private beach walkover—a rare and valuable benefit for true coastal living.
| |||
| Feb 9, 2021 | Sold | ||
| Sold | |||
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About Flagler Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017