40
Map
$597,000
↓ $43K (6.7%)
●
Condo -
For Sale
337 REX PLACE #G
MADEIRA BEACH, FL 33708
2 Beds
2 Baths
1,040 Ft²
$4,587
Est. Monthly
$1,084
HOA / Fees
1.23%
Cap Rate
About This Property
Gated waterfront Community! The location of this 2 bedroom 2
bathroom in Madeira Beach Yacht Club is overlooking one of the
heated pools. Madeira Beach Yacht Club is a gated waterfront
community offering 7 day minimum rentals. The condo has been
completely gutted and remodeled adding space for the laundry room
which includes a brand new washer and dryer. New attic insulation
and has been repainted through the entire unit. The remodel
also includes the kitchen and living room area which includes brand
new appliances, along with new flooring throughout and new
electrical line and lighting. Schedule for a private showing.
This beautiful unit wont last long!
Unit Size
1,040 Ft²
Days on Market
507 days
Land Size
9.68 acres
Price per sqft
$574
Property Type
Condo
Property Taxes
$571
HOA Dues
$1,084
Year Built
1973
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 8 months ago (Stellar MLS #TB8382099)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2026 | Price Decreased |
$597,000
↓ $43K
(6.7%) | |
| Price Decreased | |||
| Jul 17, 2025 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 11, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| May 3, 2025 | Listed by PRISTINE FLORIDA PROPERTIES LLC | $675,000 | |
| Listed by PRISTINE FLORIDA PROPERTIES LLC | |||
| Aug 4, 2022 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s)
Appliances: Oven, Dishwasher, Dryer, Microwave, Refrigerator
Flooring Type: Luxury Vinyl
Laundry Features: Inside
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1040
Square Footage Source: $0
Year Built: 1973
Building Area Total: 1040
Levels: Two
Building Area Units: Square Feet
Construction Materials: Block
Lot Size Area: 9.6768
Lot Size Units: Acres
Lot Size Acres: 9.68
Lot Size Square Feet: 421520
Tax Lot: 0070
Water Source: Public
Financial Details
Tax Annual Amount: $6,856
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water, Community Pool, Escrow Reserves Fund, Maintenance Repairs, Manager, Recreational Facilities
HOA Fee: $1,084
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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
About Madeira Beach
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Listed by: Jamieson Fitzpatrick
PRISTINE FLORIDA PROPERTIES LLC
Last Updated: 8 months ago
Data Source: Stellar MLS, MLS# TB8382099
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
PRISTINE FLORIDA PROPERTIES LLC
Last Updated: 8 months ago
Data Source: Stellar MLS, MLS# TB8382099
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017