1007 White Drive
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | Listed by Douglas Elliman | $9,900,000 | |
| Listed by Douglas Elliman | |||
| | |||
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Completed in 2018 by the acclaimed builder Mouw Associates and designed by Gary Eliopoulos of GE Architecture, this fully bespoke estate offers over 5,400 sq ft under air and nearly 8,000 total sq ft of refined, luxurious living. Featuring four oversized bedrooms and five-and-a-half bathrooms, the design balances gracious scale with architectural elegance. The home is impeccably finished with wide-plank wood floors, a double-island chef's kitchen equipped with the finest appliances, and built-ins, custom millwork, coves, wall fabrics, draperies, and integrated lighting that reflect its designer-upgraded condition. From its inception, further enhancements have elevated it to a museum-level showpiece. In its current state, the home shows like brand-new construction. Every amenity one could expect in a trophy residence is here:
" Oversized elevator
" Temperature-controlled wine room
" Water purification system
" Spacious front-yard entertainment area
" Air-conditioned exterior boat storage room
" Poured concrete slab structure on first and second floors
" All impact-rated doors and windows
" Hand-selected exterior marble, custom pool finish, and architectural driveway design
" Elevated lot grading for presence and water views
Outside, the estate features a dramatic rooftop patio overlooking the Intracoastal, covered loggia, resort-style pool and spa, and a private boat lift. The property is just two lots back from the intracoastal, offering sweeping water vistas from nearly every vantage. A full-house generator and integrated audio/visual/lighting systems deliver turnkey, modern luxury.
This waterfront property stands alone as best-in-class in East Delray Beach melding architectural pedigree, high-touch finishes, and uncompromising engineering in a fully finished, show-ready estate.
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| Apr 25, 2019 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed by The Corcoran Group | $4,295,000 | |
| Listed by The Corcoran Group | |||
| Aug 29, 2013 | Sold | ||
| Sold | |||
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About Delray Beach Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017