1080 S Highway 1
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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 |
|---|---|---|---|
| Jan 9, 2024 | Sold | ||
| Sold | |||
| May 20, 2023 | No longer available | - | |
| No longer available | |||
| Apr 22, 2023 | Listed by The Ullian Realty Corporation | $495,000 | |
| Listed by The Ullian Realty Corporation | |||
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Excellent opportunity to purchase +/- 2.26 acres of mixed-use land in Malabar, FL! Property has estimated 230' frontage on US1 (eastern boundary) x 520' depth (southern boundary) x 140' (western boundary). Traffic count is estimated 22,500 VPD on US1. Zoning is Town of Malabar Residential Limited Commercial (R/LC) which allows Office, Retail, Single Family Residential, Multi-Family & More! Per Town of Malabar: residential height restrictions are 35' or 3-stories, and up to 6 residential units per acre. Property is located on the Coquina Ridge, which rises 45' above the Indian River and provides exceptional views of both the River & Atlantic Ocean.
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| Apr 17, 2023 | No longer available | - | |
| No longer available | |||
| Feb 14, 2023 | Relisted | $495,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017