8264 GRAND AVENUE
About This Property
8264 Grand Avenue is a cleared 75x100 homesite one lot off the beach with a direct, unobstructed Gulf view. The land between this lot and the water is held with the existing gulf-front house and is not a planned building site, so the view stays open. Hurricane Milton took the old house. The pad is clean. Electric and water are on site. The existing septic is sized to the new plans.
This is not raw sand. Full Coastal surveys, soil borings. Engineer-sealed plans are included for a new elevated 3-bedroom, 2-bath house: 1,200 SF of air-conditioned living, 611 SF of covered porch, drawn to Florida Building Code 2023, 170 mph, Exposure D. Ready to start building to start building the new home.
The next house is already designed to today's code.
Deeded private beach access. Shared dock on the bay with plenty of space to dock at any time.
Enjoy swimming in gorgeous clear warm waters of the Gulf. Excellent fishing (World Famous Tarpon) and places to explore by boat - plenty of island like Cabbage Key or Cayo Costa or sand bars in the Pass and so on.
Excellent vacation rental opportunity too.
No bridge. No through traffic. Private island pace.
No boat? Water taxi from Eldred's Marina in Placida. Parking and boat ramps are there. Have a boat? Same marina.
Walk the lot. Look at the water. Open the plans.
A buyer who starts now can be in a brand-new island house with this view in 2027.
Renderings are artist impressions of the sealed design. Drone pics are actual.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by HJ BEST PROPERTIES LLC | $275,000 | |
| Listed by HJ BEST PROPERTIES LLC | |||
| Nov 12, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $345,000 | |
| Listed | |||
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Welcome to 8264 Grand Avenue! This charming Little Gasparilla Island beach cottage was recently renovated and offers an updated/open kitchen, spacious living and dining areas, and an abundance of natural light! It is perfect for gathering a large group of family and/or friends for fun filled time at the beach! The ceramic tile throughout the living areas is durable and easy to maintain. Multiple living areas and a large space for dining will allow for meal time gatherings and space to spread out for some quiet time. There are three bedrooms each large enough to accommodate a queen bed. In addition to the three bedrooms, there are also two fold down futon sleep sofas in the living areas! The large outdoor deck faces the beach (allowing for you to watch the sun on its way down) and is just a short walk down a sandy pathway to the beach to see sunset in its entirety! The large corner lot provides green space for outside fun and games away from the salt and sand! This property has much to offer and will allow you to experience all facets of the island from bay to beach and all that is in between! The manager has listed the unit size as 1296 square feet.
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| Dec 28, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017