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503 EMERALD DRIVE
About This Property
Located just 1.5 miles from the stunning sands of Flagler Beach, this homesite combines coastal charm with convenience. For outdoor enthusiasts and families, Wadsworth Park is less than half a mile away. This expansive 62-acre park features pickleball, tennis, basketball, and racquetball courts, along with a skate park, baseball and soccer fields, volleyball courts, and a playground for the kids.
Everyday essentials are easily accessible with a Publix supermarket just a short distance away. Additionally, the vibrant downtown Flagler Beach area, located just over the Flagler Bridge, offers an array of restaurants, boutique shops, and local attractions.
Whether you're envisioning a primary residence or a vacation retreat, this Stonebridge lot is a prime location to bring your vision to life. Don't miss this chance to enjoy coastal living with all the conveniences at your fingertips.
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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 |
|---|---|---|---|
| Jan 25, 2026 | Price Decreased |
$75,000
↓ $5K
(6.3%) | |
| Price Decreased | |||
| Sep 18, 2025 | Price Decreased |
$80,000
↓ $19K
(19.2%) | |
| Price Decreased | |||
| Jan 21, 2025 | Listed by FLORIDA BEACHES REAL ESTATE | $99,000 | |
| Listed by FLORIDA BEACHES REAL ESTATE | |||
| Apr 28, 2022 | Listed by ATLANTIC OCEAN REALTY | $200,000 | |
| Listed by ATLANTIC OCEAN REALTY | |||
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Beautiful Stonebridge Community. Here is a rare opportunity to build your custom home in one of the most coveted Flagler Beach Community. This community is walking distance to Flagler Beach. Less than one mile from Publix Super Market at Beach Village, a short ride to Town Center, Palm Coast Landing Shopping Center and easy access to I-95. The Seller has a survey and a Bore test on file that will save the Buyer money and time, not to mention that the Seller is offerings to pay the Buyers Title.
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| Jun 10, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017