400 Pitts Bayshore Drive
About This Property
From the welcoming front porch deck, take in peaceful views toward the bay, or unwind on the spacious screened back porch overlooking the lush grounds and tranquil canal. Designed for both comfort and entertaining, this impressive three-story home features an elevator for effortless access between levels.
The beautifully appointed kitchen is ready to inspire any chef, offering abundant counter space, quality finishes, and a convenient butler's pantry. The open-concept floor plan creates an inviting flow between the kitchen, dining, and living spaces--perfect for everyday living or hosting family and friends.
For the outdoor enthusiast, an extended driveway and 50-amp RV hookup provide added flexibility and convenience. With its exceptional waterfront setting, thoughtful amenities, and timeless architectural appeal, this is a rare opportunity to experience the best of coastal Florida living. Schedule your private showing today
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Cap Rate Calculator
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 1, 2026 | Listed by Coldwell Banker Realty | $1,075,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 21, 2026 | Price Decreased |
$1,100,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$1,125,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$1,200,000
↓ $150K
(11.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017