643 Blue Mountain Road
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%.
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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.
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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 2, 2026 | Listed by Scenic Sotheby's International Realty | $3,115,500 | |
| Listed by Scenic Sotheby's International Realty | |||
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Important.....Adding to its investment appeal, the property already has more than $138,000 in rental income secured for the 2026 season..
A stunning three-story luxury vacation home located in Old Blue Mountain Beach, this exceptional property offers 4 bedrooms, 3.5 baths, and comfortably accommodates up to 14 guests.
The home features private, deeded Gulf of Mexico beach access, ensuring it is not impacted by Florida's Customary Beach Law. Guests receive lanyards providing full access to all neighborhood beach entry points, located just a two-minute walk away. Designed for both relaxation and entertaining, the outdoor oasis is one of the largest along Scenic Highway 30A, featuring a heated pool, hot tub, and gas fire pit, along with more than 800 square feet of covered porches ideal for year-round coastal living.
Ideally situated in a charming, laid-back neighborhood, the home is just an eight-minute drive to Seaside conveniently close to Gulf Place and Grayton Beach.
Within a mile, owners and guests enjoy access to top-rated restaurants, bakeries, live music venues, and local shopping.
The home is also located across the street from the Gulf, on a highly desirable street where Gulf-front properties have recently sold in the $6-$13 million range, further underscoring the strength and prestige of the location
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| Jun 13, 2023 | Sold | ||
| Sold | |||
| Feb 20, 2023 | Listed by Scenic Sotheby's International Realty | $3,100,000 | |
| Listed by Scenic Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017