52
Map
1051 NW 3rd Street
About This Property
The thoughtful split floor plan features three bedrooms and two bathrooms, highlighted by a primary suite that serves as a true sanctuary. This private wing boasts a dedicated sitting nook-ideal for a quiet reading corner or a bright workspace-and an oversized walk-in closet complete with custom built-ins.
Every detail has been addressed for longevity and peace of mind, including a new metal roof installed in 2022 and impact-resistant windows throughout the entire home. Practicality meets style with a 120 sq ft built-in storage shed tucked away in the back, perfect for stowing gear and keeping the main living areas clutter-free.
Located in the sought-after Lake Floresta neighborhood, this home offers easy access to the vibrant energy of downtown Mizner Park and the sandy shores of the Atlantic, all while being zoned for the A-rated Addison Mizner elementary school. Best of all, for those looking for a truly effortless transition, this property can be sold fully furnished.
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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 |
|---|---|---|---|
| Oct 26, 2026 | Relisted | $1,075,000 | |
| Relisted | |||
| Oct 20, 2026 | No longer available | - | |
| No longer available | |||
| Oct 16, 2026 | Price Decreased |
$1,075,000
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Oct 6, 2026 | Price Decreased |
$1,085,000
↓ $15K
(1.4%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed by Compass Florida, LLC | $1,100,000 | |
| Listed by Compass Florida, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017