337 REX PLACE #A
About This Property
The manager has listed the unit size as 1090 square feet.
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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 6, 2026 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$399,900
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$414,900
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$429,900
↓ $9K
(2.1%) | |
| Price Decreased | |||
| May 19, 2026 | Listed | $439,000 | |
| Listed | |||
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One or more photo(s) has been virtually staged. WATERVIEW'S OF BOCA CIEGA BAY FROM YOUR LIVING ROOM! INVESTOR & SNOWBIRD PARADISE WITH FULLY FUNDED RESERVES! 7-DAY MINIMUM RENTAL meets ultimate peace of mind in the heart of Madeira Beach. Buyers and investors can purchase with absolute confidence, as the HOA SIRS is fully funded per Florida Law, the Milestone Inspection passed, and there are NO special assessments scheduled. Welcome to your completely renovated, GROUND FLOOR coastal oasis in the highly sought-after Madeira Beach Yacht Club. Meticulously updated in 2026 with high-end modern finishes, this 2BR/2BA (master en-suite) gem delivers the perfect blend of luxury and convenience—whether you are looking for a full-time residence, a turnkey snowbird retreat, or a high-yield investment property that can generate strong short-term rental income. Step inside to a bright, open-concept great room featuring durable laminate flooring, sleek 5" baseboards, and a thoughtful hallway layout that optimizes bedroom privacy. The heart of the home is a gourmet kitchen boasting BRAND NEW QUARTZ COUNTERTOPS, crisp shaker cabinets, and brand-new stainless steel appliances, while both bathrooms shine with matching quartz surfaces. For ultimate convenience, a stackable washer/dryer hookup is located right in the guest bedroom closet, and the unit comes with the rare perk of two dedicated parking spots. Unwind on not one, but TWO large screened-in lanais—including one configured as a Florida Room. Both feature ceiling fans and are perfect for bug-free al fresco dining, featuring a completely replaced front lanai frame, screens, and doors as of 2026. Step out your door and you are just paces away from one of two pristine community pools, perfectly positioned far enough away to ensure zero noise disruption. Leave the car parked, because location is everything here. You are just a minutes-long stroll from the sugar-white sands of the Gulf of Mexico, local grocery stores, and daily essentials. Directly across the street lies ROC Park, featuring tennis/pickleball courts, basketball, a dog park, a water splash pad, a fishing pier, and an amphitheater for live concerts and seasonal festivals. You are also within easy walking distance to world-famous John’s Pass Village & Boardwalk for endless waterfront dining, shopping, bars, jet ski rentals, and fishing charters. Your monthly HOA fee offers true hassle-free living and covers Building Flood Insurance, Water, Trash, Internet, Basic Cable, Pool Maintenance, Grounds Landscaping, and robust Reserve Funding. Whether you’re dreaming of the ultimate beach lifestyle or a lucrative income-generating property in a high-demand vacation zone, this ground-floor masterpiece delivers it all. Schedule your private tour today and make Madeira Beach your reality!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/13/2026
|
2 Bed
|
2 Bath
|
1090 ft²
|
$439,000
2 Bed
2 Bath
1090 ft²
|
$394,000
-10.25%
06/12/2026
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
07/20/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$509,000
2 Bed
2 Bath
1040 ft²
|
$500,000
-1.77%
08/04/2022
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
08/03/2020
|
2 Bed
|
2 Bath
|
1090 ft²
|
$375,000
2 Bed
2 Bath
1090 ft²
|
$365,000
-2.67%
09/23/2020
|
Amanda Baldwin
COASTAL PROPERTIES GROUP
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017