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112 Quayside Drive
About This Property
Ascend to the second level via stairs or elevator to discover a secondary primary suite, two guest rooms, a cozy family room with wet-bar, beverage fridge, and surround sound entertainment system, all leading to a balcony overlooking the pool and waterfront vistas. Outdoor opulence awaits with an infinity-edge pool, spa, and a spacious lanai adorned with deluxe features, including a summer kitchen equipped with a genuine Italian made wood burning pizza oven, clear ice maker, beverage drawer, dishwasher, dual burner cooktop, and premium barbeque. In addition, there is a spacious waterside mid-deck with an 8' PebbleTec gas fire pit. Boasting 100' of waterfront, an 18,000lb. boat lift, a double jet ski lift, a double Wave Armor floating dock, with direct access to the Intracoastal Waterway and Atlantic Ocean, making this home is a boater's paradise.
Noteworthy features such as a partially air-conditioned 3.5-car garage, highest rated window glass for hurricane and heat resistance, a whole-house water filtration system, state-of-the-art Savant smart house technology, and Sonos sound system elevate the living experience. Seize the opportunity to indulge in a lifestyle of unrivaled luxury within Admirals Cove, a renowned enclave offering world-class amenities for discerning boaters and golf enthusiasts alike.
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Fine Living Realty of Palm Beaches | $15,999,000 | |
| Listed by Fine Living Realty of Palm Beaches | |||
| Sep 13, 2019 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $4,500,000 | |
| Listed | |||
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YOUR NEW CONSTRUCTION OPTIONS: 1. Atlantic Building Co. will build the home depicted for $4,495,000 including land; 2. They will build a home of your choosing, priced accordingly; or, 3. You can buy the property for $2,495,000 and use a builder of your choice! Each option affords you the RARE OPPORTUNITY to build the home of your dreams on beautiful Quayside Drive, a secluded island cul de sac in the heart of Admirals Cove. Close to 10,000 sq. ft. allowed. Dock up to an 82 ft. yacht here, with no fixed bridges. Quiet street, no through traffic. Required membership purchase conveys all the first class amenities of Admirals Cove, including two elegant renovated clubhouses, 45 holes of golf, 5 restaurants including formal waterview ballroom, first-class entertainment, a fabulous new marinaThe manager has listed the unit size as 3264 square feet.
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017