72
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11360 Avery Road
About This Property
Designed for entertaining, the open layout includes a spacious great room, family room, and bonus roomall flowing seamlessly to the outdoor living area. Floor-to-ceiling sliders flood the space with natural light and frame breathtaking water views. The heated saltwater infinity pool measuring 48 x 15, an 8x8 spa, and an 8x8 sun deck. Surrounded by elegant marble pavers and flanked by twin gas fire bowls, the outdoor living area also includes a large covered veranda with a cabana bath and sets the stage for unforgettable gatherings.
Upstairs, the primary suite is a private retreat with oversized his-and-her walk-in closets and a spa-like bathroom featuring a dual steam shower, soaking tub, Taj Mahal countertops, and a built-in water purification system. An additional ensuite bedroom and an office both open to a large deck overlooking the water, while a third bedroom shares a bath with the bonus room.
Additional upgrades include Phillip Jeffries wall coverings, custom built-ins with an 85" LG TV, high-impact ES hurricane-rated windows and doors, an elevator, dual laundry rooms, a large wet bar with ice maker and wine cooler, and a 500-gallon propane tank. The 3.5-car garage with 15' ceilings is lift-ready and plumbed for an ice machine. The home is generator-ready and smart-home wired, offering both comfort and peace of mind. This is a rare opportunity to own a move-in-ready waterfront retreat built with the highest standards of craftsmanship.
The Village of North Palm Beach is becoming one of the most sought-after communities in Northern Palm Beach County. It is a coastal community with easy access to both the Palm Beach and the Jupiter inlets for some of the best fishing in the world. Combined with easy access to Palm Beach International Airport, some of the best beaches and a wide range of dining establishments in the area, the village is becoming one of the top communities in Northern Palm Beach County. The Village is also home of the newly renovated North Palm Beach Country Club, featuring an Olympic swimming pool, splash pad, picnic area, an on-deck tiki hut, 200 seat banquet room, 100 seat The Grill and The Clubhouse restaurant, A Jack NicklausSignature Golf Course, and a full featured Tennis Facility with Har-Tru courts. It is open to the public and village residents.The village was recently designated as a golf cart friendly community.
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$6,125,000
↓ $25K
(0.4%) | |
| Price Decreased | |||
| Apr 30, 2025 | Price Decreased |
$6,150,000
↓ $25K
(0.4%) | |
| Price Decreased | |||
| Apr 24, 2025 | Price Decreased |
$6,175,000
↓ $25K
(0.4%) | |
| Price Decreased | |||
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About Pirates Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017