7358 Gulf Boulevard
About This Property
A Rare Exceptional find, this property brings the water to you with a 20ft canal easement, allowing direct access to the Sound, making the possibilities for water adventures endless. The Raised Pool resides a part of the home's 2000+ sqft of balcony space. A Standout feature located just outside of the 2nd FL living area, the Raised Pool offers ease at your fingertips with its App-Controlled Light, Jet, and Fountain features. Built by JMJ Construction and Professionally Decorated, the interior boasts meticulous craftsmanship with high-end finishes and attention to detail evident throughout. Its open-concept design features 10ft ceilings all throughout, filling the space with natural light and offering mesmerizing views of the Gulf. Maximizing the communal space on the 2nd floor, you'll find all 4 bedrooms + Hall Bunks located on the 3rd Floor. In keeping with convenience, an elevator services all 3 floors of the home.
For those seeking the ultimate vantage point to soak in the surrounding beauty, an observation deck with a 360-degree view awaits at the property's highest point. From this elevated perch, you can witness the special shower of fireworks on the 4th of July or everyday magnificent sunrises and sunsets.
This property has never been rented, ensuring its pristine condition and the preservation of its unique character.
With its impeccable design, outstanding amenities, and prime location, 7358 Gulf Blvd represents an extraordinary opportunity to own a one-of-a-kind coastal retreat that will undoubtedly become your slice of paradise. Don't miss your chance to experience the best of Gulf Coast living.
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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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Berkshire Hathaway HomeServices | $1,750,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
| May 30, 2020 | No longer available | - | |
| No longer available | |||
| Mar 23, 2020 | Listed | $299,900 | |
| Listed | |||
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Navarre Beach lot with Gulf and Sound Views! 20-ft on the canal! Embrace Navarre Beach life. Relaxing, fishing from the longest pier on the Gulf of Mexico, or deep sea, or right from the beach, swimming, boating, snorkeling, refreshing breezes, gathering sea shells, reading a good book. Navarre Beach is definitely a ''Most Relaxing Place''! Within walking distance to the sparkling waters and pristine white sugar beaches of the Gulf of Mexico, and the Gulf Island National Seashore's miles of unspoiled beauty. Lot has a first right of refusal on it.
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| Nov 8, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017