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331 BOCA CIEGA DRIVE
About This Property
The lot measures approximately 60 x 100 feet and is already cleared, helping reduce site-preparation time and expense. A newer seawall adds immediate value and peace of mind, while the canal and Intracoastal setting provide beautiful water views and easy access for boating, fishing, paddleboarding, or sunset cruises. Located near John's Pass Village & Boardwalk, Gulf beaches, restaurants, shopping, and local entertainment, this property combines the best of waterfront living with the convenience of an iconic coastal location!
• Vacant residential lot in Madeira Beach
• Approximately 60 x 100 feet / 0.14 acres
• Cleared and ready for your custom build
• Newer seawall in place
• Protected saltwater canal with Intracoastal water views
• Quick boating access to the Gulf of Mexico
• Close to John's Pass, Gulf beaches, dining, shopping, and entertainment
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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 |
|---|---|---|---|
| Aug 17, 2026 | Listed by CHARLES RUTENBERG REALTY INC | $800,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Mar 11, 2026 | Price Decreased |
$869,900
↓ $6K
(0.7%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by REAL BROKER, LLC | $875,900 | |
| Listed by REAL BROKER, LLC | |||
| |||
|
Build your dream waterfront home on this exceptional 60’ x 100’ residential lot, already cleared and ready to build — saving you approximately $25,000 in site preparation costs. A brand-new seawall is in place, providing added value and peace of mind from day one.
Enjoy protected water with quick boating access to the Gulf of Mexico, just minutes away. Launch out for an early morning fishing trip or a sunset cruise and return home to breathtaking evening skies reflecting across your backyard waters. ????
Located in the heart of Madeira Beach — affectionately known as “Mad Beach” by locals — this coastal community is best known for its 2.5-mile stretch of white-sand Gulf beaches and the historic John’s Pass Village & Boardwalk, a premier waterfront destination filled with shopping, dining, and entertainment. Madeira Beach is proudly recognized as the “Grouper Capital of the World” and hosts the massive annual John’s Pass Seafood Festival, drawing visitors from across the country.
Whether you’re building a luxury waterfront retreat, full-time coastal residence, or investment property, this homesite delivers location, lifestyle, and long-term value.
Cleared. New seawall. Protected water. Gulf access. Iconic beach town location.
Secure your piece of Mad Beach waterfront paradise today. ???
| |||
| Oct 29, 2025 | Price Decreased |
$875,000
↓ $30K
(3.3%) | |
| Price Decreased | |||
| May 28, 2025 | Price Decreased |
$905,000
↓ $45K
(4.7%) | |
| Price Decreased | |||
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About Madeira Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017