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94 Dolphin Street
About This Property
Located in the highly sought-after northeast corner of Crystal Beach, this beautifully appointed coastal retreat offers the perfect combination of luxury, lifestyle, and exceptional investment potential. Designed for unforgettable beach vacations and effortless everyday living, this spacious residence features 7 bedrooms, including 4 private en-suite retreats, 5.5 bathrooms, and approximately 2,800 square feet of thoughtfully designed living space.
An open, light-filled floor plan creates the ideal gathering space, where the gourmet kitchen flows seamlessly into the dining and living areas, making entertaining family and friends effortless. Step outside to your own private backyard oasis featuring a heated pool, expansive outdoor living space, and a fully fenced yard designed for year-round enjoyment after a day at the beach.
Positioned on an oversized homesite, the property also offers the rare opportunity to add a carriage house or guest cottage, creating additional guest accommodations, increased rental income potential, or private owner quarters. Whether you're searching for a luxury primary residence, a second home, or a high-performing vacation rental investment, this Crystal Beach gem delivers the location, space, flexibility, and future upside that discerning buyers are looking for--all just moments from the sugar-white sands and emerald waters of the Gulf of Mexico. The oversized gourmet kitchen features stainless steel appliances, beautiful cabinetry, a generous breakfast bar seating 8, and opens seamlessly to the large living area. The dining table comfortably seats 12, making it ideal for gatherings.
The primary suite is located on the first floor and features a private ensuite bathroom with a separate stand-up shower and large soaking tub. The first floor also offers another bedroom with ensuite bath, laundry, and a half bath convenient for guests. Upstairs encompasses 5 more bedrooms including a king bedroom with a Jack-and-Jill bathroom connecting to a bunk room with two full-over-full bunks, another king bedroom with a private ensuite bathroom and direct access to an expansive balcony that is shared with a bunk room featuring two twin bunk beds.
Enjoy the luxurious backyard retreat, complete with a heated pool and ample space for outdoor games and relaxation. The oversized lot also provides the opportunity to add a carriage house, enhancing future value and rental potential.
Conveniently located in the northeast corner of Crystal Beach, close to dining, shopping, the Gulf, this home checks every box for location, income, and lifestyle. Also comes with a golf cart.
***Seller offering $10K flooring allowance***
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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 |
|---|---|---|---|
| Jul 23, 2026 | Price Decreased |
$1,979,999
↓ $99K
(4.8%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$2,079,000
↓ $70K
(3.3%) | |
| Price Decreased | |||
| May 21, 2026 | Relisted | $2,149,000 | |
| Relisted | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Price Decreased |
$2,149,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017