8436 Gulf Blvd #421
About This Property
The manager has listed the unit size as 1028 square feet.
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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 |
|---|---|---|---|
| May 9, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | Price Decreased |
$494,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Mar 15, 2023 | Listed | $499,900 | |
| Listed | |||
| May 5, 2020 | No longer available | - | |
| No longer available | |||
| Apr 30, 2020 | Relisted | $294,900 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2026
|
3 Bed
|
2 Bath
|
1028 ft²
|
$499,000
3 Bed
2 Bath
1028 ft²
|
$450,000
-9.82%
07/08/2026
|
Cinnamon Tyler
Realty Hub
| |
|
12/12/2025
|
3 Bed
|
2 Bath
|
1028 ft²
|
$470,000
3 Bed
2 Bath
1028 ft²
|
$440,000
-6.38%
06/26/2026
|
JESSICA DREW
KELLER WILLIAMS REALTY EMERALD COAST WEST BRANCH
| |
|
03/15/2025
|
1 Bed
|
2 Bath
|
-
|
$325,000
1 Bed
2 Bath
|
$307,500
-5.38%
12/22/2025
|
Jodi M Van Wagner PA
Keller Williams Realty Navarre
| |
|
05/14/2024
|
3 Bed
|
2 Bath
|
1028 ft²
|
$540,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
Marilyn Hite LLC
World Impact Real Estate
| |
|
10/31/2023
|
Loft
|
2 Bath
|
836 ft²
|
$444,500
Loft
2 Bath
836 ft²
|
-
-
|
Nancy Brown
PRA & Company Realtors
| |
|
03/12/2024
|
Loft
|
2 Bath
|
738 ft²
|
$333,500
Loft
2 Bath
738 ft²
|
-
-
|
Christopher Howard
DALTON WADE INC
| |
|
11/11/2023
|
3 Bed
|
2 Bath
|
1028 ft²
|
$599,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
Marilyn Hite LLC
World Impact Real Estate
| |
|
10/31/2023
|
1 Bed
|
2 Bath
|
738 ft²
|
$345,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Debra J Ciano
Ciano Land & Properties Inc
| |
|
10/27/2023
|
2 Bed
|
2 Bath
|
836 ft²
|
$449,500
2 Bed
2 Bath
836 ft²
|
-
-
|
Delawalla Group
Watersound Real Estate
| |
|
08/06/2023
|
3 Bed
|
2 Bath
|
1028 ft²
|
$499,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
PAUL JENKINS
Navarre Beach Realty, Inc.
| |
|
07/26/2023
|
Loft
|
2 Bath
|
1028 ft²
|
$487,000
Loft
2 Bath
1028 ft²
|
-
-
|
Carol Brown
John R Wood Properties
| |
|
04/29/2023
|
2 Bed
|
2 Bath
|
836 ft²
|
$450,000
2 Bed
2 Bath
836 ft²
|
-
-
|
Zena S Gunsur
Fathom Realty FL LLC
| |
|
03/15/2023
|
Loft
|
2 Bath
|
1028 ft²
|
$499,900
Loft
2 Bath
1028 ft²
|
-
-
|
TONYA ZIMMERN
KELLER WILLIAMS REALTY GULF COAST
| |
|
01/12/2023
|
3 Bed
|
2 Bath
|
1028 ft²
|
$475,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
SHELLEY BRUMMETT
Levin Rinke Realty
| |
|
10/20/2022
|
1 Bed
|
2 Bath
|
738 ft²
|
$375,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Roy Shurling
WALKER & COMPANY REAL ESTATE, INC.
| |
|
10/12/2022
|
1 Bed
|
2 Bath
|
738 ft²
|
$380,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Kathy Spady
Realty Solutions NWF LLC.
| |
|
10/05/2022
|
3 Bed
|
2 Bath
|
1028 ft²
|
$529,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
Dawn Burt
Keller Williams - Destin
| |
|
08/06/2022
|
1 Bed
|
2 Bath
|
738 ft²
|
$359,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Brandon L Osman
Keller Williams Realty Navarre
| |
|
08/18/2022
|
3 Bed
|
2 Bath
|
1028 ft²
|
$485,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
SHELLEY BRUMMETT
Levin Rinke Realty
| |
|
08/04/2022
|
2 Bed
|
2 Bath
|
836 ft²
|
$450,000
2 Bed
2 Bath
836 ft²
|
-
-
|
Delawalla Group
Watersound Real Estate
| |
|
06/24/2022
|
3 Bed
|
2 Bath
|
1028 ft²
|
$515,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
Heather Foster
Keller Williams Realty Navarre
| |
|
05/10/2022
|
1 Bed
|
2 Bath
|
738 ft²
|
$345,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Kim H Dyer
World Impact Real Estate
| |
|
03/26/2022
|
1 Bed
|
2 Bath
|
738 ft²
|
$360,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Kristi Green
Coldwell Banker Coastal Realty
| |
|
03/17/2022
|
1 Bed
|
2 Bath
|
738 ft²
|
$360,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Mary Kay Phillips
Better Homes and Gardens Real Estate Emerald Coast
| |
|
02/09/2022
|
1 Bed
|
2 Bath
|
738 ft²
|
$325,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Dawn Hope
Navarre Beach Realty, Inc.
| |
|
12/14/2021
|
3 Bed
|
2 Bath
|
1028 ft²
|
$480,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
SUSAN CARLETON
POINTE SOUTH
| |
|
11/30/2021
|
2 Bed
|
2 Bath
|
836 ft²
|
$375,900
2 Bed
2 Bath
836 ft²
|
-
-
|
Carol Brown
John R Wood Properties
| |
|
09/19/2021
|
1 Bed
|
2 Bath
|
738 ft²
|
$279,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Max Mathews
Max Mathews Jr Broker
| |
|
06/25/2021
|
1 Bed
|
2 Bath
|
738 ft²
|
$279,000
1 Bed
2 Bath
738 ft²
|
-
-
|
Clare M Clawson
Vacasa Real Estate
| |
|
05/29/2021
|
3 Bed
|
2 Bath
|
1028 ft²
|
$475,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
05/14/2021
| |
3 Bed
|
2 Bath
|
1028 ft²
|
$499,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
Jake Karraker
Engel & Volkers 30A Beaches
|
|
04/08/2021
|
3 Bed
|
2 Bath
|
1028 ft²
|
$365,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
04/04/2021
|
3 Bed
|
2 Bath
|
1028 ft²
|
$369,900
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
07/01/2020
|
1 Bed
|
2 Bath
|
738 ft²
|
$235,000
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
05/17/2020
|
3 Bed
|
2 Bath
|
1028 ft²
|
$321,900
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
04/23/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$269,900
2 Bed
2 Bath
836 ft²
|
-
-
|
-
| |
|
03/10/2020
|
3 Bed
|
2 Bath
|
1028 ft²
|
$304,900
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
11/13/2019
|
2 Bed
|
2 Bath
|
836 ft²
|
$265,500
2 Bed
2 Bath
836 ft²
|
-
-
|
-
| |
|
11/12/2019
|
1 Bed
|
2 Bath
|
738 ft²
|
$199,000
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
09/11/2019
|
2 Bed
|
2 Bath
|
836 ft²
|
$259,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
| |
|
06/19/2019
|
1 Bed
|
2 Bath
|
738 ft²
|
$194,000
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
06/15/2019
|
3 Bed
|
2 Bath
|
-
|
$295,000
3 Bed
2 Bath
|
$295,000
07/31/2019
|
Delawalla Group
Watersound Real Estate
| |
|
05/06/2019
|
1 Bed
|
2 Bath
|
738 ft²
|
$210,000
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
04/05/2019
|
1 Bed
|
2 Bath
|
738 ft²
|
$200,000
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
03/27/2019
|
1 Bed
|
2 Bath
|
738 ft²
|
$179,950
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
02/12/2019
|
3 Bed
|
2 Bath
|
1028 ft²
|
$325,000
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
11/28/2018
|
3 Bed
|
2 Bath
|
1028 ft²
|
$264,500
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
09/20/2018
|
3 Bed
|
2 Bath
|
1028 ft²
|
-
3 Bed
2 Bath
1028 ft²
|
-
-
|
-
| |
|
08/23/2018
|
1 Bed
|
2 Bath
|
738 ft²
|
-
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
08/23/2018
|
1 Bed
|
2 Bath
|
738 ft²
|
-
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
06/07/2018
|
1 Bed
|
2 Bath
|
738 ft²
|
-
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
06/07/2018
|
1 Bed
|
2 Bath
|
738 ft²
|
-
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
06/07/2018
|
1 Bed
|
2 Bath
|
738 ft²
|
-
1 Bed
2 Bath
738 ft²
|
-
-
|
-
| |
|
07/02/2017
| |
1 Bed
|
2 Bath
|
736 ft²
|
-
1 Bed
2 Bath
736 ft²
|
-
-
|
-
|
|
09/12/2016
|
2 Bed
|
2 Bath
|
836 ft²
|
$178,750
2 Bed
2 Bath
836 ft²
|
$178,750
11/18/2016
|
Max Mathews
Max Mathews Jr Broker
| |
|
09/12/2016
|
3 Bed
|
2 Bath
|
1028 ft²
|
$203,750
3 Bed
2 Bath
1028 ft²
|
$203,750
01/03/2017
|
Max Mathews
Max Mathews Jr Broker
| |
|
09/12/2016
|
2 Bed
|
2 Bath
|
836 ft²
|
$178,750
2 Bed
2 Bath
836 ft²
|
$178,750
10/20/2016
|
Max Mathews
Max Mathews Jr Broker
| |
|
09/06/2016
|
2 Bed
|
2 Bath
|
836 ft²
|
$178,750
2 Bed
2 Bath
836 ft²
|
$178,750
09/23/2016
|
Max Mathews
Max Mathews Jr Broker
| |
|
09/01/2016
|
3 Bed
|
2 Bath
|
1028 ft²
|
$209,750
3 Bed
2 Bath
1028 ft²
|
$209,750
10/07/2016
|
Max Mathews
Max Mathews Jr Broker
| |
|
08/05/2016
|
1 Bed
|
2 Bath
|
738 ft²
|
$156,750
1 Bed
2 Bath
738 ft²
|
$156,750
01/06/2017
|
Max Mathews
Max Mathews Jr Broker
| |
|
07/21/2016
|
2 Bed
|
2 Bath
|
836 ft²
|
$168,750
2 Bed
2 Bath
836 ft²
|
$168,750
12/28/2016
|
Max Mathews
Max Mathews Jr Broker
| |
|
06/23/2016
|
1 Bed
|
2 Bath
|
738 ft²
|
$136,250
1 Bed
2 Bath
738 ft²
|
$136,250
07/29/2016
|
Max Mathews
Max Mathews Jr Broker
| |
|
02/29/2016
|
1 Bed
|
2 Bath
|
738 ft²
|
$179,900
1 Bed
2 Bath
738 ft²
|
$179,900
07/18/2016
|
Larry Kingrey
Beaches Realty Llc
| |
|
02/13/2016
|
3 Bed
|
2 Bath
|
1028 ft²
|
$229,000
3 Bed
2 Bath
1028 ft²
|
$220,000
-3.93%
11/16/2016
|
Larry Kingrey
Beaches Realty Llc
| |
|
01/04/2016
|
1 Bed
|
2 Bath
|
738 ft²
|
$175,000
1 Bed
2 Bath
738 ft²
|
$155,000
-11.43%
03/23/2016
|
Amin Delawalla
Christies International Real Estate Emerald Coast
| |
|
06/12/2015
|
2 Bed
|
2 Bath
|
968 ft²
|
$150,000
2 Bed
2 Bath
968 ft²
|
$145,000
-3.33%
08/18/2015
|
James Whatley
Uber Realty Llc
| |
|
04/24/2012
|
1 Bed
|
2 Bath
|
738 ft²
|
$80,000
1 Bed
2 Bath
738 ft²
|
$82,000
+2.50%
06/28/2012
|
Amin Delawalla
Christies International Real Estate Emerald Coast
| |
|
07/08/2010
|
1 Bed
|
2 Bath
|
738 ft²
|
$80,000
1 Bed
2 Bath
738 ft²
|
$80,000
06/01/2012
|
Tami Thompson
RE/MAX Coastal Properties
| |
|
07/08/2010
|
1 Bed
|
2 Bath
|
738 ft²
|
$80,000
1 Bed
2 Bath
738 ft²
|
$78,000
-2.50%
06/01/2012
|
Tami Thompson
RE/MAX Coastal Properties
| |
|
11/01/2007
|
1 Bed
|
2 Bath
|
738 ft²
|
$95,000
1 Bed
2 Bath
738 ft²
|
$98,000
+3.16%
07/22/2013
|
Amin Delawalla
Christies International Real Estate Emerald Coast
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017