7 Elgin PLACE #508
About This Property
The Royal Stewart Arms community adds to the allure with amenities like pickleball, tennis, bocceball, shuffleboard, and fishing from the illuminated dock. The clubhouse, surrounded by water, exudes a cruise-ship ambiance with spectacular waterfront views. The clubhouse also features a gym, sauna, billiards room, poker table, and cozy lounging areas for reading or socializing.
Beyond the community borders, explore the fifty-mile Pinellas Trail, bike or hike the trails of Honeymoon Island, or bask in the sun on sandy beaches. Gazebo Park beckons with grills and fire pit socials, creating delightful outdoor spaces. Nearby downtown Dunedin promises entertainment, diverse dining options, breweries, markets, festivals, and parades. Only 20 minutes away, you are at the new Coachman Park with festivals and live music performances! So much to do in sunny Florida so come take a look at this awesome condo before it's gone!
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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 |
|---|---|---|---|
| Sep 28, 2026 | Price Decreased |
$299,900
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by RE/MAX REALTEC GROUP INC | $324,900 | |
| Listed by RE/MAX REALTEC GROUP INC | |||
| |||
|
Fully furnished and move-in ready — just bring your flip-flops. This fifth-floor 2BR/1BA condo at Royal Stewart Arms sits directly beside Honeymoon Island State Park with water views from every window. Watch dolphins from your private balcony over St. Joseph Sound. Hurricane-rated windows, updated kitchen with breakfast bar, solid-surface counters, crown molding, and walk-in closet. This vibrant 55+ community was built for active living — heated pool, tennis, pickleball, shuffleboard, sauna, and a newly renovated clubhouse with billiards. Your $693 monthly fee covers cable, water, sewer, trash, pool, building insurance, exterior maintenance, and all recreational facilities. Downtown Dunedin's waterfront dining and craft breweries are just minutes away. Community fishing pier and the Osprey Trail put Gulf-front nature right at your door. Live the Island life every day. Schedule your private tour today.
| |||
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2023 | Listed by BAHIA INTERNATIONAL REALTY | $399,900 | |
| Listed by BAHIA INTERNATIONAL REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2025
|
2 Bed
|
2 Bath
|
1181 ft²
|
$324,900
2 Bed
2 Bath
1181 ft²
|
$293,000
-9.82%
04/10/2026
|
Ed Karlander
RE/MAX REALTEC GROUP INC
| |
|
04/18/2025
|
2 Bed
|
2 Bath
|
975 ft²
|
$399,000
2 Bed
2 Bath
975 ft²
|
$350,000
-12.28%
10/24/2025
|
Rita French
ABI ROAD REALTY LLC
| |
|
01/25/2025
|
2 Bed
|
2 Bath
|
1181 ft²
|
$474,990
2 Bed
2 Bath
1181 ft²
|
$465,000
-2.10%
02/18/2025
|
Cindy Alderman
CENTURY 21 COASTAL ALLIANCE
| |
|
01/15/2025
|
2 Bed
|
2 Bath
|
975 ft²
|
$469,000
2 Bed
2 Bath
975 ft²
|
$405,000
-13.65%
07/18/2025
|
Rita French
ABI ROAD REALTY LLC
| |
|
01/11/2025
|
2 Bed
|
2 Bath
|
1181 ft²
|
$479,999
2 Bed
2 Bath
1181 ft²
|
$380,000
-20.83%
04/28/2025
|
Rita French
ABI ROAD REALTY LLC
| |
|
09/04/2024
|
2 Bed
|
2 Bath
|
1181 ft²
|
$319,900
2 Bed
2 Bath
1181 ft²
|
$302,000
-5.60%
10/04/2024
|
Jeff Thomas
CELTIC REALTY
| |
|
07/21/2024
|
2 Bed
|
2 Bath
|
1181 ft²
|
$375,000
2 Bed
2 Bath
1181 ft²
|
$375,000
09/03/2024
|
Rita French
ABI ROAD REALTY LLC
| |
|
12/05/2023
|
2 Bed
|
1 Bath
|
970 ft²
|
$399,900
2 Bed
1 Bath
970 ft²
|
$370,000
-7.48%
02/01/2024
|
Jenn Cook
BAHIA INTERNATIONAL REALTY
| |
|
06/16/2023
|
2 Bed
|
2 Bath
|
1181 ft²
|
$349,900
2 Bed
2 Bath
1181 ft²
|
$335,000
-4.26%
10/06/2023
|
Ed Karlander
RE/MAX REALTEC GROUP INC
| |
|
03/29/2023
|
2 Bed
|
1.5 Bath
|
970 ft²
|
$399,500
2 Bed
1.5 Bath
970 ft²
|
$375,000
-6.13%
06/09/2023
|
Ed Karlander
Re/Max Response
| |
|
01/09/2023
|
2 Bed
|
2 Bath
|
975 ft²
|
$375,000
2 Bed
2 Bath
975 ft²
|
$360,000
-4.00%
02/06/2023
|
Kim Ortoll
CHARLES RUTENBERG REALTY INC
| |
|
05/17/2022
|
1 Bed
|
1 Bath
|
802 ft²
|
$339,000
1 Bed
1 Bath
802 ft²
|
$323,000
-4.72%
06/27/2022
|
Carsten Prause
CHARLES RUTENBERG REALTY INC
| |
|
05/12/2022
|
2 Bed
|
1 Bath
|
970 ft²
|
$375,000
2 Bed
1 Bath
970 ft²
|
$350,000
-6.67%
09/06/2022
|
Rita French
ABI ROAD REALTY LLC
| |
|
03/23/2022
|
1 Bed
|
1 Bath
|
802 ft²
|
$322,500
1 Bed
1 Bath
802 ft²
|
-
-
|
Bradley Uline
HOMEMATCH REALTY
| |
|
03/18/2022
|
2 Bed
|
2 Bath
|
1181 ft²
|
$415,000
2 Bed
2 Bath
1181 ft²
|
-
-
|
Mayra Roland
Keller Williams - Clearwater
| |
|
03/08/2022
|
1 Bed
|
1 Bath
|
802 ft²
|
$269,900
1 Bed
1 Bath
802 ft²
|
-
-
|
Monika Krolivcova
COLDWELL BANKER RESIDENTIAL
| |
|
10/08/2021
|
2 Bed
|
2 Bath
|
975 ft²
|
$324,900
2 Bed
2 Bath
975 ft²
|
$320,000
-1.51%
01/14/2022
|
Kimberly Rayl
KELLER WILLIAMS REALTY
| |
|
06/16/2020
|
2 Bed
|
2 Bath
|
1181 ft²
|
$319,900
2 Bed
2 Bath
1181 ft²
|
-
-
|
-
| |
|
05/01/2020
|
2 Bed
|
2 Bath
|
1181 ft²
|
$279,000
2 Bed
2 Bath
1181 ft²
|
-
-
|
Gary Ubaldini
Keller Williams Realty
| |
|
03/15/2020
|
1 Bed
|
1 Bath
|
802 ft²
|
$174,500
1 Bed
1 Bath
802 ft²
|
-
-
|
Cal Cundiff
COASTAL PROPERTIES GROUP
| |
|
01/28/2020
|
2 Bed
|
2 Bath
|
975 ft²
|
$250,000
2 Bed
2 Bath
975 ft²
|
$225,000
-10.00%
04/30/2020
|
Kim Ortoll
| |
|
11/14/2019
|
2 Bed
|
1 Bath
|
970 ft²
|
$264,000
2 Bed
1 Bath
970 ft²
|
-
-
|
-
| |
|
10/31/2019
|
2 Bed
|
2 Bath
|
1181 ft²
|
$299,999
2 Bed
2 Bath
1181 ft²
|
-
-
|
-
| |
|
10/29/2019
|
2 Bed
|
2 Bath
|
975 ft²
|
$274,900
2 Bed
2 Bath
975 ft²
|
-
-
|
-
| |
|
09/11/2019
|
1 Bed
|
1 Bath
|
802 ft²
|
$209,000
1 Bed
1 Bath
802 ft²
|
$170,000
-18.66%
07/09/2020
|
Kim Ortoll
| |
|
08/15/2019
|
2 Bed
|
2 Bath
|
1181 ft²
|
$249,900
2 Bed
2 Bath
1181 ft²
|
-
-
|
-
| |
|
05/01/2019
|
1 Bed
|
1 Bath
|
802 ft²
|
$195,000
1 Bed
1 Bath
802 ft²
|
-
-
|
-
| |
|
03/17/2019
|
2 Bed
|
2 Bath
|
1181 ft²
|
$275,000
2 Bed
2 Bath
1181 ft²
|
$270,000
-1.82%
05/22/2019
|
Kim Ortoll
CHARLES RUTENBERG REALTY INC
| |
|
02/09/2019
|
2 Bed
|
1 Bath
|
970 ft²
|
$230,000
2 Bed
1 Bath
970 ft²
|
-
-
|
Kim Ortoll
CHARLES RUTENBERG REALTY INC
| |
|
10/26/2018
|
2 Bed
|
1 Bath
|
970 ft²
|
$229,900
2 Bed
1 Bath
970 ft²
|
$221,000
-3.87%
05/06/2019
|
Susan Gibson
BREMER-BJURQUIST INC REALTY
| |
|
08/02/2018
|
2 Bed
|
2 Bath
|
1181 ft²
|
-
2 Bed
2 Bath
1181 ft²
|
-
-
|
-
| |
|
06/08/2018
| |
2 Bed
|
2 Bath
|
975 ft²
|
-
2 Bed
2 Bath
975 ft²
|
-
-
|
-
|
|
05/14/2018
|
2 Bed
|
2 Bath
|
1181 ft²
|
-
2 Bed
2 Bath
1181 ft²
|
-
-
|
Cynthia Rodts
BHHS FLORIDA PROPERTIES GROUP
| |
|
02/15/2018
|
2 Bed
|
2 Bath
|
1181 ft²
|
-
2 Bed
2 Bath
1181 ft²
|
-
-
|
Carol Conologue
RE/MAX REALTEC GROUP INC
| |
|
07/08/2017
| |
2 Bed
|
2 Bath
|
1181 ft²
|
-
2 Bed
2 Bath
1181 ft²
|
-
-
|
-
|
Building Info
About Dunedin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017