5300 Gulf DRIVE #607
About This Property
Tampa Bay or serve up a feast in the dining room with the azure waters of the Gulf as your backdrop. Experience the movement of the sun over water with easterly views of the sunrise over Tampa Bay and western sights of multi-hued sunsets over the Gulf. Storage is plentiful with a private storage room for beach gear and a private garage space. Martinique is the only "high-rise" on Anna Maria Island and features a recently remodeled surf room, kitchen, extra-large heated lap pool, covered patio for lounging and grilling, tennis and pickleball courts, and washer/dryer and two elevators on each floor. You may choose to rent the residence when you are not there for a potential income opportunity. Newer AC in 2022. HOA fees include basic cable, internet, water, trash, community pool, exterior and grounds maintenance. Walk to shops, restaurants, and above all else the beach in your backyard.
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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 |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by MICHAEL SAUNDERS & COMPANY | $1,150,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2026
|
2 Bed
|
1 Bath
|
722 ft²
|
$679,000
2 Bed
1 Bath
722 ft²
|
$650,000
-4.27%
06/26/2026
|
Katie O'Connor
SATO REAL ESTATE INC.
| |
|
05/28/2025
|
2 Bed
|
2 Bath
|
1057 ft²
|
$860,000
2 Bed
2 Bath
1057 ft²
|
$682,500
-20.64%
01/16/2026
|
Chris Marion
ROBERT SLACK LLC
| |
|
02/01/2024
|
2 Bed
|
2 Bath
|
1310 ft²
|
$1,150,000
2 Bed
2 Bath
1310 ft²
|
$1,181,000
+2.70%
02/27/2024
|
Nicole Ryskamp
MICHAEL SAUNDERS & COMPANY
| |
|
09/30/2023
|
3 Bed
|
2 Bath
|
1169 ft²
|
$1,200,000
3 Bed
2 Bath
1169 ft²
|
$1,060,000
-11.67%
01/24/2024
|
Christine Walker
KELLER WILLIAMS ON THE WATER
| |
|
09/22/2023
|
2 Bed
|
2 Bath
|
1057 ft²
|
$969,000
2 Bed
2 Bath
1057 ft²
|
$850,000
-12.28%
01/26/2024
|
Ken Kavanaugh, JR
MICHAEL SAUNDERS & COMPANY
| |
|
07/07/2023
|
2 Bed
|
2 Bath
|
1169 ft²
|
$975,000
2 Bed
2 Bath
1169 ft²
|
$975,000
09/08/2023
|
Christine Walker
KELLER WILLIAMS ON THE WATER
| |
|
10/24/2022
|
2 Bed
|
2 Bath
|
1169 ft²
|
$1,199,000
2 Bed
2 Bath
1169 ft²
|
-
-
|
James Roadman, Jr
EXCELLECORE REAL ESTATE INC
| |
|
10/03/2022
|
2 Bed
|
2 Bath
|
1169 ft²
|
$999,000
2 Bed
2 Bath
1169 ft²
|
$950,000
-4.90%
03/15/2023
|
Nicole Ryskamp
MICHAEL SAUNDERS & COMPANY
| |
|
08/17/2022
|
3 Bed
|
2 Bath
|
1057 ft²
|
$999,000
3 Bed
2 Bath
1057 ft²
|
-
-
|
Noranne Hutcheson
RE/MAX ALLIANCE GROUP
| |
|
08/16/2022
|
2 Bed
|
2 Bath
|
1169 ft²
|
$949,000
2 Bed
2 Bath
1169 ft²
|
-
-
|
Noranne Hutcheson
RE/MAX ALLIANCE GROUP
| |
|
05/12/2022
|
2 Bed
|
2 Bath
|
1169 ft²
|
$950,000
2 Bed
2 Bath
1169 ft²
|
$920,714
-3.08%
07/13/2022
|
Marcia Frost
COLDWELL BANKER REALTY
| |
|
04/22/2022
|
3 Bed
|
2 Bath
|
1516 ft²
|
$1,199,000
3 Bed
2 Bath
1516 ft²
|
$1,199,000
07/22/2022
|
Noranne Hutcheson
RE/MAX ALLIANCE GROUP
| |
|
06/11/2020
|
3 Bed
|
2 Bath
|
1516 ft²
|
$700,000
3 Bed
2 Bath
1516 ft²
|
$650,000
-7.14%
10/01/2020
|
Jen Bowman
| |
|
07/19/2019
|
2 Bed
|
2 Bath
|
1169 ft²
|
$630,000
2 Bed
2 Bath
1169 ft²
|
$600,000
-4.76%
11/18/2019
|
Janice Melzer Langa
| |
|
07/06/2019
|
3 Bed
|
2 Bath
|
1169 ft²
|
$725,000
3 Bed
2 Bath
1169 ft²
|
$650,000
-10.34%
05/06/2020
|
Jen Bowman
| |
|
05/07/2019
|
2 Bed
|
2 Bath
|
1057 ft²
|
$619,000
2 Bed
2 Bath
1057 ft²
|
$560,000
-9.53%
09/18/2019
|
Kathleen Comerford
| |
|
04/02/2019
|
2 Bed
|
2 Bath
|
1169 ft²
|
$629,900
2 Bed
2 Bath
1169 ft²
|
-
-
|
-
| |
|
03/13/2019
|
2 Bed
|
2 Bath
|
1057 ft²
|
$675,000
2 Bed
2 Bath
1057 ft²
|
-
-
|
-
| |
|
11/02/2018
|
2 Bed
|
2 Bath
|
1057 ft²
|
$600,000
2 Bed
2 Bath
1057 ft²
|
-
-
|
-
| |
|
03/15/2018
|
2 Bed
|
2 Bath
|
1007 ft²
|
$635,000
2 Bed
2 Bath
1007 ft²
|
-
-
|
-
| |
|
07/08/2017
| |
2 Bed
|
2 Bath
|
1007 ft²
|
-
2 Bed
2 Bath
1007 ft²
|
-
-
|
-
|
|
06/15/2017
|
3 Bed
|
2 Bath
|
1169 ft²
|
$625,000
3 Bed
2 Bath
1169 ft²
|
-
-
|
-
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017