52 154th AVENUE #52
About This Property
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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 |
|---|---|---|---|
| May 11, 2026 | Price Decreased |
$1,200,000
↓ $200K
(14.3%) | |
| Price Decreased | |||
| Apr 11, 2026 | Relisted | $1,400,000 | |
| Relisted | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by PALM PARADISE REALTY GROUP | $305,000 | |
| Listed by PALM PARADISE REALTY GROUP | |||
| |||
|
ATTENTION INVESTORS, BUILDERS, AND AIRBNB VISIONARIES: Seize this once-in-a-lifetime opportunity to acquire a prime 100 x 100 development site (comprising Lots 50, 52, 54, and 56) in the heart of high-demand Madeira Beach. Boasting flexible Commercial Residential zoning with NO minimum rental restrictions, this rare parcel is perfectly positioned for a lucrative short-term rental project or a flagship coastal development. The location is unbeatable: you are directly across Gulf Blvd from pristine beach access, a single block from the grocery store, and just two blocks from the Tom Stuart Causeway for effortless mainland access. Most importantly, you are situated only two blocks from the transformative Downtown Madeira Beach revitalization project, placing your investment at the epicenter of a multi-million dollar hotel and commercial expansion. Do not miss your chance to own one of the most strategically significant and high-potential lots on the Gulf Coast.
| |||
| Apr 25, 2025 | Price Decreased |
$375,000
↓ $100K
(21.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/12/2024
|
2 Bed
|
1 Bath
|
720 ft²
|
$480,000
2 Bed
1 Bath
720 ft²
|
$480,000
01/12/2024
|
-
| |
|
11/13/2021
|
2 Bed
|
1 Bath
|
720 ft²
|
$349,900
2 Bed
1 Bath
720 ft²
|
$330,000
-5.69%
12/31/2021
|
Gary Havener
COLDWELL BANKER SUN VISTA
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017