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3397 BLUEFISH DRIVE
About This Property
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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 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 15, 2026 | Price Increased |
$1,200,000
↑ $50K
(4.4%) | |
| Price Increased | |||
| Jun 26, 2026 | Price Decreased |
$1,150,000
↓ $33K
(2.8%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by Coastal Properties Group Inter | $1,183,000 | |
| Listed by Coastal Properties Group Inter | |||
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A Rare Opportunity to Experience the Beauty of Florida's Nature Coast -New AC and carpeting and some updates on their way! Stay tuned! This custom waterfront residence delivers something increasingly rare along Florida's Gulf Coast—a home where tranquility, privacy, & breathtaking natural beauty define everyday living. Unlike many waterfront homes that overlook canals & neighboring docks, this exceptional point-lot property captures sweeping panoramic views across the Hernando Beach Flats out to the Gulf of Mexico, creating an extraordinary sense of openness where spectacular sunsets, coastal birds, seasonal bald eagles, & the ever-changing beauty of Florida's Nature Coast become part of daily life. Offering approximately 5,000 SF of usable space, an oversized 3-car garage, 4 unique waterfront verandas, and a beautifully renovated lower-level bonus space. Designed to embrace the surrounding landscape, nearly every room enjoys stunning water views, seamlessly blending comfortable indoor living with the remarkable setting beyond. The open-concept living area features soaring ceilings, engineered hardwood flooring, walls of glass, and a spacious kitchen with stainless steel appliances, dual convection ovens, an oversized island, and a generous butler's pantry—for big gatherings while remaining connected to the scenery outside. The serene primary suite on the main level offers its own waterfront veranda, spa-inspired bath with soaking tub, walk-in shower, dual vanities, and peaceful views that begin and end each day surrounded by nature. Upstairs, two guest bedrooms, a full bath, and an additional living area provide comfortable accommodations for family and visitors. The beautifully renovated lower level adds nearly 1,700 square feet of flexible space for a media room, fitness studio, home office, guest quarters, hobby space, or future multigenerational living, with an elevator shaft already in place for future installation. Square footage in the lowest level is not insurable and is not considered part of the listing living space square footage from public record - but the bonus space is a game changer. Outside, relax beside the heated saltwater pool with tropical grotto & cascading waterfall, where both solar and propane heating extend your swimming season. For leisurely sunset cruises or an extended day on the water the property also offers its own dock, 10,000-pound boat lift, and community lift with Gulf access for those occasions. Yet what truly sets this home apart is its rare combination of panoramic views, exceptional privacy, and an authentic connection to Florida's unspoiled Nature Coast tucked away on its own peaceful vista. More than a waterfront home, this is a place where mornings begin with coffee overlooking the Flats and evenings end beneath unforgettable Gulf sunsets. If you've been searching for a peaceful coastal lifestyle surrounded by extraordinary views, abundant wildlife, and the quiet beauty of Florida's Nature Coast, this is one you simply must experience!
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| May 9, 2026 | Price Decreased |
$1,183,000
↓ $91K
(7.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017