5 GATESHEAD DRIVE #308
About This Property
The manager has listed the unit size as 1014 square feet.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
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Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$389,000
↓ $6K
(1.5%) | |
| Price Decreased | |||
| May 12, 2025 | Listed | $395,000 | |
| Listed | |||
| | |||
|
“Delightful Dunedin” is home to this RENOVATED top floor condo situated on St. Joseph Sound in the 55+ community of Royal Stewart Arms. At just over 1000 SF, big-ticket items in this 2 bed/2 bath residence were completely replaced: NEW hurricane windows, NEW plantation shutters, NEW A/C, and NEWER electrical panel (2020). From the front entryway, feast your eyes on the spacious, sunlit space across the common living areas to the wide-open sunroom boasting SPECTACULAR WATER VIEWS. NEW fans everywhere whirl above the NEW interior paint job and NEW glacier marble-look vinyl flooring while the great room plan provides freedom for a variety of layouts. The kitchen’s contemporary yet cozy design is capped with a striking Italian chandelier. Gleaming NEW cabinets boast crown molding and a ton of storage. They are accompanied by a center island which features even more storage, and a casual dining bar with a unique countertop patterned after the Florida coastline. All NEW appliances blend seamlessly for a fresh aesthetic. In addition to an UPGRADED sink/NEW ice maker, not a detail was overlooked in creating a hearth for this home. The master suite enjoys access to the sunroom’s water views. It was treated to a beautiful barn door that leads to its bath and ties in perfectly with the artistry of this TOTAL UPDATE. Both bathrooms showcase sleek styling as well as NEW showers, NEW comfort commodes, NEW cabinets, NEW tile, NEW fixtures, NEW bidet in primary bath. This amenity-rich community offers plenty of activities and venues. Besides the COMPLETELY RENOVATED clubhouse that contains a card room and pool/billiards tables, sauna/steam room, fitness center, and kitchen, an expansive community room is adorned with a stone fireplace wall. Outdoors, the solar heated pool is surrounded by lounge chairs. Sun dappled walkways crisscross verdant grounds dotted with benches and blooming shrubbery. There’s even a charming courtyard to connect with friends and neighbors. Or you may convene at the shuffleboard/bocci/tennis/pickleball courts, or the fishing pier, or the pavilion, or at a picnic area for some grilling and chilling. Watch the sunset from a waterside rocking chair. You’ll also enjoy covered parking, an on-site car wash, and an air pump station. No pets are permitted. Venture beyond to explore Downtown Dunedin’s quaint shops, amazing eateries, and street fairs along with the popular Honeymoon Island State Park. Could you want for anything more?
| |||
| Jun 2, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/12/2025
|
2 Bed
|
2 Bath
|
1014 ft²
|
$395,000
2 Bed
2 Bath
1014 ft²
|
$360,000
-8.86%
08/11/2025
|
Lori Crawford
RE/MAX ACTION FIRST OF FLORIDA
| |
|
01/30/2025
|
1 Bed
|
1 Bath
|
942 ft²
|
$279,900
1 Bed
1 Bath
942 ft²
|
$216,000
-22.83%
10/31/2025
|
Mark Silverstein
BAYONE REALTY SERVICES
| |
|
05/11/2024
|
1 Bed
|
1 Bath
|
784 ft²
|
$285,000
1 Bed
1 Bath
784 ft²
|
$231,000
-18.95%
07/26/2024
|
Cindy Alderman
CENTURY 21 COASTAL ALLIANCE
| |
|
01/29/2023
|
1 Bed
|
2 Bath
|
1076 ft²
|
$375,000
1 Bed
2 Bath
1076 ft²
|
-
-
|
Kim Ortoll
CHARLES RUTENBERG REALTY INC
| |
|
12/05/2022
|
2 Bed
|
2 Bath
|
1014 ft²
|
$319,500
2 Bed
2 Bath
1014 ft²
|
$300,000
-6.10%
02/14/2023
|
Ed Karlander
RE/MAX REALTEC GROUP INC
| |
|
11/22/2022
|
2 Bed
|
2 Bath
|
1014 ft²
|
$405,000
2 Bed
2 Bath
1014 ft²
|
-
-
|
Kim Ortoll
CHARLES RUTENBERG REALTY INC
| |
|
08/17/2022
|
1 Bed
|
1 Bath
|
784 ft²
|
$315,000
1 Bed
1 Bath
784 ft²
|
$275,000
-12.70%
12/27/2022
|
Matt Vigh
BHHS FLORIDA PROPERTIES GROUP
| |
|
09/24/2020
|
1 Bed
|
1 Bath
|
940 ft²
|
$195,000
1 Bed
1 Bath
940 ft²
|
$190,000
-2.56%
12/03/2020
|
Lou Santiago
VENIE BRINSON REAL ESTATE INC
| |
|
03/28/2020
|
2 Bed
|
2 Bath
|
1014 ft²
|
$269,000
2 Bed
2 Bath
1014 ft²
|
-
-
|
Marcy Daniels
COLDWELL BANKER RESIDENTIAL
| |
|
03/12/2020
|
2 Bed
|
2 Bath
|
1014 ft²
|
$300,000
2 Bed
2 Bath
1014 ft²
|
$290,000
-3.33%
11/04/2020
|
Vanessa Leonard
| |
|
10/18/2019
|
1 Bed
|
1 Bath
|
940 ft²
|
$189,900
1 Bed
1 Bath
940 ft²
|
-
-
|
-
| |
|
01/10/2019
|
2 Bed
|
2 Bath
|
1014 ft²
|
$299,000
2 Bed
2 Bath
1014 ft²
|
-
-
|
-
| |
|
11/28/2017
|
1 Bed
|
2 Bath
|
1321 ft²
|
-
1 Bed
2 Bath
1321 ft²
|
-
-
|
Salvatore Belloise III
BELLOISE REALTY
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1014 ft²
|
-
2 Bed
2 Bath
1014 ft²
|
-
-
|
-
|
Building Info
About Dunedin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017