48 E Beach Drive
About This Property
Nestled along the pristine shores of the Gulf of America, this architectural masterpiece offers breathtaking, nearly unobstructed views of the Gulf from nearly every vantage point. The area behind the home cannot be built on ensuring Gulf views for the future of this home.
Boasting high-end finishes throughout, the home is thoughtfully designed with both style and functionality in mind. This Smart-home-enabled residence features an in-home elevator that seamlessly connects all levels. Outfitted with the advanced Control4 Whole House System, it offers unmatched convenience, customization, and centralized control throughout the home. The main living area opens to a chef's dream kitchen outfitted with state-of-the-art Thermador appliances, sleek cabinetry, and a hidden butler's pantry for seamless entertaining
A temperature-controlled wine room and a fully equipped theater room elevate the lifestyle experience, offering refined spaces for relaxation and leisure. The home also features a guest suite complete with a full kitchen and living space.
Designed for entertaining, the expansive recreation room leads directly to the outdoor oasis, featuring a large perimeter overflow pool, spacious sun deck, and lush modern landscaping as well as a fully equipped outdoor kitchen. Oversized outdoor balconies provide the perfect setting to enjoy sunsets over the Gulf. This home also features a whole house generator.
The master suite, located on the third floor, is a sanctuary of luxury, complete with large sliding doors for awe-inspiring Gulf views, a spa-like en-suite bath, and a custom walk-in his and her closet.
Elevated touches like large-format main tiles, warm cypress wood accents, and designer lighting enhance the home's modern aesthetic, while every detail, from the spacious layout to the thoughtful finishes, reflects unparalleled craftsmanship.
This estate is not just a home; it's a lifestyle. Schedule your private tour today and experience the pinnacle of modern luxury.
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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 |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$6,974,000
↓ $10K
(0.1%) | |
| Price Decreased | |||
| Jul 19, 2025 | Listed by The Premier Property Group | $6,984,000 | |
| Listed by The Premier Property Group | |||
| Dec 12, 2024 | Listed | $6,984,000 | |
| Listed | |||
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Luxury Modern Estate with Expansive Gulf Views.
Welcome to a one-of-a-kind Boswell built luxury retreat where modern finesse meets coastal serenity. Nestled along the pristine shores of the Gulf of Mexico, this architectural masterpiece offers breathtaking, nearly unobstructed views of the Gulf from nearly every vantage point.
Boasting high-end finishes throughout, the home is thoughtfully designed with both style and functionality in mind. An in-home elevator connects all levels of this smart-home-enabled residence, allowing for ultimate convenience and control.
The main living area opens to a chef's dream kitchen outfitted with state-of-the-art Thermador appliances, sleek cabinetry, and a hidden butler's pantry for seamless entertaining. A temperature-controlled wine room and a fully equipped theater room elevate the lifestyle experience, offering refined spaces for relaxation and leisure.
Designed for entertaining, the expansive recreation room leads directly to the outdoor oasis, featuring a large perimeter overflow pool, spacious sun deck, and lush modern landscaping as well as a fully equipped outdoor kitchen. Oversized outdoor balconies provide the perfect setting to enjoy sunsets over the Gulf.
The master suite, located on the third floor, is a sanctuary of luxury, complete with large sliding doors for awe-inspiring Gulf views, a spa-like en-suite bath, and a custom walk-in his and her closet. The home also features a guest suite with a full kitchen and living space.
Elevated touches like large-format main tiles, warm cypress wood accents, and designer lighting enhance the home's modern aesthetic, while every detail, from the spacious layout to the thoughtful finishes, reflects unparalleled craftsmanship.
This estate is not just a home; it's a lifestyle. Schedule your private tour today and experience the pinnacle of modern luxury.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017