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4110 Highway 87
About This Property
Unlock the potential of over 20+ acres of beachfront property on Bolivar Peninsula, ideally positioned for commercial or mixed-use development. Boasting approximately 500 feet of accreting beach frontage, this FEMA-insurable tract spans from the Gulf shoreline to Highway 87, offering unparalleled versatility for large-scale projects.
Key Features:
20+ acres, approximately 500 feet of prime Gulf frontage, FEMA-insurable property, Access from both the beach and Highway 87, Capitalize on growth and rising interest in Bolivar Peninsula's coastal market. Whether you envision a luxury beachfront development, a commercial retreat, or a revenue-generating multi-use property, this is a rare opportunity to secure a premium tract in a thriving coastal destination.
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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 |
|---|---|---|---|
| Mar 24, 2026 | Price Decreased |
$2,499,995
↓ $495K
(16.5%) | |
| Price Decreased | |||
| Dec 1, 2025 | Listed by eXp Realty LLC | $2,995,000 | |
| Listed by eXp Realty LLC | |||
| Nov 19, 2025 | No longer available | - | |
| No longer available | |||
| Nov 18, 2024 | Listed by eXp Realty LLC | $2,995,000 | |
| Listed by eXp Realty LLC | |||
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Prime Development Opportunity on Bolivar Peninsula
Unlock the potential of over 20+ acres of beachfront property on Bolivar Peninsula, ideally positioned for commercial or mixed-use development. Boasting approximately 500 feet of accreting beach frontage, this FEMA-insurable tract spans from the Gulf shoreline to Highway 87, offering unparalleled versatility for large-scale projects.
Key Features:
20+ acres, approximately 500 feet of prime Gulf frontage, FEMA-insurable property, Access from both the beach and Highway 87, Capitalize on growth and rising interest in Bolivar Peninsula’s coastal market. Whether you envision a luxury beachfront development, a commercial retreat, or a revenue-generating multi-use property, this is a rare opportunity to secure a premium tract in a thriving coastal destination.
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| Sep 18, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017