$5,270,000
●
Land -
Off Market
540 GULF BOULEVARD
BELLEAIR BEACH, FL 33786
Studio
0 Bath
$30,499
Est. Monthly
0.24%
Cap Rate
About This Property
Don't miss out on a once in a lifetime opportunity to own this
DIRECT GULF FRONT lot 25% BIGGER than the others! WELCOME TO
THE BEAUTIFUL BELLEAIR SHORE COMMUNITY! Belleair Shore was
established in 1955, with just 57 properties along a one mile
stretch of pristine beachfront. This is a great opportunity to
build your coastal dream home on one of the larger lots (96x234)
that Belleair Shore has to offer. This trophy property has direct
Gulf Front access to let you live your best beach lifestyle. You
will love the walks on the sugary white sands and won't miss a
sunset from your backyard. Another bonus, besides this being one of
the largest parcels, there is a vacant lot to the North of this
property that will never be built on! You'll enjoy nearby dining,
shopping, and recreational activities all within walking distance.
There are rendered plans already designed for a new 5,000 sq ft
home to be built on this beautiful lot.
Unit Size
-
Days on Market
50 days
Land Size
0.56 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,265
HOA Dues
-
Year Built
1967
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Stellar MLS #TB8359322)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Price Decreased |
$5,749,900
↓ $50K
(0.9%) | |
| Price Decreased | |||
| Mar 7, 2025 | Listed by BHHS FLORIDA PROPERTIES GROUP | $5,800,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
| Jan 30, 2025 | Listed | $5,800,000 | |
| Listed | |||
| | |||
|
Don't miss out on a once in a lifetime opportunity to own this DIRECT GULF FRONT lot 25% BIGGER than the others! WELCOME TO THE BEAUTIFUL BELLEAIR SHORE COMMUNITY! Belleair Shore was established in 1955, with just 57 properties along a one mile stretch of pristine beachfront. This is a great opportunity to build your coastal dream home on one of the larger lots (96x234) that Belleair Shore has to offer. This trophy property has direct Gulf Front access to let you live your best beach lifestyle. You will love the walks on the sugary white sands and won't miss a sunset from your backyard. Another bonus, besides this being one of the largest parcels, there is a vacant lot to the North of this property that will never be built on! You’ll enjoy nearby dining, shopping, and recreational activities all within walking distance. The existing home is scheduled to be torn down on February 15th. There are rendered plans already designed for a new 5,000 sq ft home to be built on this beautiful lot.
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Belleair Shore
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Listed by: Scott McNay
BHHS FLORIDA PROPERTIES GROUP
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8359322
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
BHHS FLORIDA PROPERTIES GROUP
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8359322
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017