109 MARKER ROAD
About This Property
Now offered at only $244/sq ft for 2,857 sq ft, this luxury waterfront new construction is a steal compared to anything nearby. If you've been waiting for real value, this is it.
This extraordinary canal-front home is truly one of a kind, packed with upgrades and custom features throughout. A smart, versatile floor plan includes a dedicated office that can easily convert to an additional bedroom. The chef's kitchen showcases premium appliances by Miele, Bosch, and Fisher & Paykel, while two elegant electric fireplaces add warmth and ambiance.
Outside, a massive lanai lives like an extension of the home- ideal for year-round entertaining- with an outdoor kitchen (grill + oven) and a heated saltwater pool creating a private resort feel. Integrated technology includes security cameras and a Sonos sound system inside and out for seamless living.
All of this is just minutes from some of Florida's most beautiful Gulf Coast beaches. Impeccable craftsmanship, luxury finishes, and cutting-edge tech- now at a price that's hard to believe. Schedule your private showing today.
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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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Aug 29, 2025 | Listed by DALTON WADE INC | $749,000 | |
| Listed by DALTON WADE INC | |||
| Nov 4, 2024 | Listed | $799,000 | |
| Listed | |||
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This extraordinary waterfront home stands out from the rest, with more upgrades and added features than any other property in the area! Step into your dream residence, a luxury, one-of-a-kind new construction masterpiece nestled along a peaceful canal.
Every detail has been carefully crafted, with high-end finishes gracing each corner of this immaculate home. Enjoy peace of mind with integrated security cameras and indulge in rich, immersive sound through the Sonos sound system. The kitchen is a culinary haven, featuring premium appliances from Miele, Bosch, and Fisher & Paykel for top-tier performance.
The outdoor oasis invites you to entertain with ease, complete with a kitchen, grill, and oven for seamless al fresco dining. Relax by one of the two electric fireplaces for warmth and ambiance or take a dip in the heated, saltwater pool—a true resort-style escape right in your backyard.
This residence exemplifies impeccable craftsmanship, offering a lifestyle of luxury and relaxation by the water. Don’t miss your chance to elevate your lifestyle in this technologically advanced and exquisitely designed home. Schedule your private showing today! (Builder offers a one-year warranty.)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017