950 E Highway 98 #6021
About This Property
The manager has listed the unit size as 3800 square feet.
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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.
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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 |
|---|---|---|---|
| Jun 4, 2021 | No longer available | - | |
| No longer available | |||
| May 26, 2021 | Price Decreased |
$2,150,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
| Apr 10, 2021 | Listed | $2,200,000 | |
| Listed | |||
| | |||
|
Breathtaking from the first step in, this private, Gulf front condo is spectacular. Fully renovated and furnished, it exudes elegance for a perfect coastal retreat. The spacious floor plan has a open and wonderful flow, allowing all to gather in the kitchen, living and dining areas, with floor to ceiling window views of the Gulf. The kitchen was reconfigured and rebuilt with ample cabinet space and has an adjacent breakfast nook. All three bedrooms have en suite baths and walk-in closets. The Master bedroom features a garden tub, separate shower, two walk-in closets and balcony access, with direct views of the Gulf. Regency Towers is a gated complex, exclusively non-rental, with an onsite HOA office. Elevators open on each floor to two residences, with a shared lobby. The manager has listed the unit size as 3800 square feet.
| |||
| May 16, 2020 | No longer available | - | |
| No longer available | |||
| May 12, 2020 | Listed | $699,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/03/2025
|
3 Bed
|
3 Bath
|
-
|
$1,849,000
3 Bed
3 Bath
|
$1,800,000
-2.65%
10/22/2025
|
Robert A Augustine
Corcoran Reverie
| |
|
12/11/2023
|
3 Bed
|
3.5 Bath
|
3648 ft²
|
$2,675,000
3 Bed
3.5 Bath
3648 ft²
|
-
-
|
Robert A Augustine
Corcoran Reverie SRB
| |
|
07/05/2023
|
3 Bed
|
3.5 Bath
|
3800 ft²
|
$2,500,000
3 Bed
3.5 Bath
3800 ft²
|
-
-
|
At The Beach Team
Keller Williams Realty Destin
| |
|
03/18/2023
|
3 Bed
|
3 Bath
|
-
|
$2,799,000
3 Bed
3 Bath
|
$2,650,000
-5.32%
07/24/2023
|
Robert A Augustine
Corcoran Reverie
| |
|
08/16/2022
|
3 Bed
|
4 Bath
|
3648 ft²
|
$2,000,000
3 Bed
4 Bath
3648 ft²
|
$2,251,000
+12.55%
09/15/2022
|
Robert A Augustine
Corcoran Reverie
| |
|
05/31/2022
|
3 Bed
|
4 Bath
|
3648 ft²
|
$2,700,000
3 Bed
4 Bath
3648 ft²
|
-
-
|
Robert A Augustine
Corcoran Reverie SRB
| |
|
08/07/2021
|
3 Bed
|
4 Bath
|
3648 ft²
|
$1,980,000
3 Bed
4 Bath
3648 ft²
|
-
-
|
Wanda L Pitts
Keller Williams Realty SRB
| |
|
04/10/2021
|
3 Bed
|
4 Bath
|
3800 ft²
|
$2,200,000
3 Bed
4 Bath
3800 ft²
|
-
-
|
-
| |
|
05/12/2020
|
3 Bed
|
4 Bath
|
3800 ft²
|
$699,000
3 Bed
4 Bath
3800 ft²
|
-
-
|
-
| |
|
08/22/2016
|
3 Bed
|
4 Bath
|
3800 ft²
|
$699,000
3 Bed
4 Bath
3800 ft²
|
$675,000
-3.43%
06/07/2018
|
Laurie Kelly
Southern Beach Realty LLC
| |
|
03/25/2016
|
3 Bed
|
4 Bath
|
3800 ft²
|
$1,250,000
3 Bed
4 Bath
3800 ft²
|
$1,175,000
-6.00%
04/18/2016
|
JOHN HOLAHAN
Better Homes & Gardens Real Estate Emerald Coast
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017