657 MARJON AVENUE
About This Property
Inside 1,240 square feet of meticulously updated living space, you will find a stunning kitchen outfitted with all-new 2026 appliances and a fresh backsplash - a space that feels as good as it functions. The flex room expands your living options beyond the expected - whether you need a home office, a workout space, a creative studio, or a place to unwind and entertain, this bonus square footage adapts to however you live. PGT WinGuard hurricane impact windows and doors, backed by a lifetime warranty, provide peace of mind that lasts well beyond move-in day.
The infrastructure behind the walls is just as impressive as what you can see. All-new electrical wiring and breaker box with smart switches, A/C and ductwork replaced in 2024, a tankless water heater installed in 2025, and a 5-zone irrigation system keeping the 70 x 107-foot lot pristine year-round. The fully paid-off solar system conveys at closing, meaning lower utility bills from day one - with nothing to negotiate and nothing to finance. Step outside to a private fenced backyard that offers a true retreat, and rest easy knowing this home sits in Flood Zone X with no flood insurance required.
This is Dunedin - voted "The Best Little Walking Town in America," with a walkable, golf-cart-friendly lifestyle that puts independent shops, craft breweries, and waterfront dining right at your doorstep. Half a mile from iconic Main Street, steps from Blue Jays spring training, and minutes from Honeymoon Island State Park - this is the address people move to Pinellas County for.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$499,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| May 18, 2026 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by LPT REALTY LLC | $525,000 | |
| Listed by LPT REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017