8214 Beach Drive
About This Property
The open-concept design connects the kitchen, dining, and living areas, creating a bright and spacious layout perfect for entertaining or relaxing after a day on the beach. The modern kitchen features custom wood cabinetry, granite countertops, stainless steel appliances, and a vented range hood.
Throughout the home, you'll find LVP flooring, crown molding, and two tiled walk-in showers for a clean, contemporary finish. Energy-efficient upgrades include impact-rated windows, spray foam insulation, and a smart thermostat to help keep costs low and comfort high. Outside, the home features low-maintenance fiber cement construction with stone accents, a two-car garage, and a fully fenced yard with Rainbird irrigation. Enjoy covered front and rear porches designed for effortless outdoor living year-round.
Located just minutes from multiple public beach accesses, boat ramps, parks, restaurants, and nightlife, this home offers unmatched convenience without HOA fees or rental restrictions.
Investor opportunity: With no short-term rental limits and space available for a private pool (quotes on file), this property offers excellent income potential and long-term value in one of PCB's most desirable coastal corridors.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$699,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017