8635 BOCA CIEGA DRIVE
About This Property
Move in ready. Nothing to do but enjoy a bright, open-concept layout with soaring 12.5-foot cathedral ceilings, large impact-rated windows and doors, and breathtaking bay views. The kitchen, fully renovated in April 2025, features butcher block countertops, shaker cabinetry, stainless steel appliances, and overlooks the spacious living area and water beyond.This charming 2-bedroom, 2-bathroom home offers stunning water views and is located just under 1 mile from Sunset Beach, 1.3 miles from public beaches, shops and restaurants of Corey Avenue.
Both bedrooms have vaulted ceilings with fans, and the primary suite includes serene water views and a newly updated ensuite bath with granite vanity. A separate laundry room adds convenience.
Recent upgrades include a new roof, HVAC system and ductwork, solar panels, new tile flooring throughout, a new seawall, new water heater, and completely updated plumbing (supply and waste lines)-all completed in 2023–2024. The renovation also included new treated lumber, insulation, and hurricane strapping.
Additional features include a two-car garage and ample room to add a pool. This home experienced minor damage. Home sustained damage from Hurricane Helene and has been fully restored.
Don't miss your chance to live with the bay in your backyard
Seller will consider concessions if requested in contract.
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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 |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Price Decreased |
$849,999
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Oct 28, 2025 | Price Decreased |
$899,999
↓ $75K
(7.7%) | |
| Price Decreased | |||
| Oct 2, 2025 | Price Decreased |
$975,000
↓ $75K
(7.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017