1101 Miramar Drive
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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.
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed by The Corcoran Group | $3,250,000 | |
| Listed by The Corcoran Group | |||
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Charming Coastal Retreat - Steps from the Sand & the Avenue! Imagine waking up to the gentle ocean breeze, stepping outside your door, and strolling just one block to the pristine shores of Delray Beach. In the opposite direction, the vibrant energy of Atlantic Avenue awaits, with its charming boutiques, gourmet restaurants, and lively cafes. This coastal cottage is more than a home—it's a lifestyle where every day feels like a vacation.
Nestled amid lush tropical landscaping, this picturesque beach bungalow is the perfect blend of classic charm and modern comfort. Sunlight filters through plantation shutters, casting warm, golden hues across the rich hardwood floors. The living room, with its decorative fireplace and custom built-ins, invites cozy evenings with a glass of wine and a good book. French doors open to a Chicago brick patio, where candlelit dinners beneath the stars create unforgettable moments.
The kitchen is a chef's dream, featuring glass cabinetry, a natural gas cooktop, and a picture window that frames the greenery outside. Each bedroom is an oasis, complete with ensuite baths, designer touches, and serene ambiance. The primary suite offers a peaceful retreat, where mornings begin with the sun peeking through the shutters and nights end with the soothing sound of the waves in the distance.
Step outside to your own private paradise, where tropical foliage surrounds a screened-in porch perfect for lazy afternoons with a book or morning coffee. The fenced backyard with its manicured turf invites barefoot strolls, while the oversized garage offers space for your beach gear, bicycles, or even a golf cart for effortless exploration of this vibrant coastal town.
Fully furnished and turnkey, this home is ready for you to step in and embrace the relaxed, yet refined, Delray Beach lifestyle. Whether it's a morning swim, a leisurely bike ride along Ocean Boulevard, or an evening spent savoring the best of Atlantic Avenue, this home places you at the heart of it all.
Don't just own a homeembrace the beachside dream. Schedule your private showing today.
The information published and provided including but not limited to prices, measurements, square footages, lot sizes, features, finishes, and calculations are subject to errors, omissions or changes without notice. All such information should be independently verified. All parties should perform their own due diligence to verify all information.
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| Apr 23, 2015 | Sold | ||
| Sold | |||
| Jan 27, 2015 | Listed by RE/MAX Advantage Plus | $1,450,000 | |
| Listed by RE/MAX Advantage Plus | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017