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1210 Bimini Lane
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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 |
|---|---|---|---|
| Oct 29, 2026 | Listed by Serhant | $4,699,000 | |
| Listed by Serhant | |||
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 31, 2026 | In contract | - | |
| In contract | |||
| May 31, 2026 | Price Decreased |
$2,950,000
↓ $325K
(9.9%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Illustrated Properties LLC (Singer Island) | $3,275,000 | |
| Listed by Illustrated Properties LLC (Singer Island) | |||
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A short five minute walk to the beautiful Singer Island beach and minutes to the Palm Beach Inlet by boat with no fixed bridges -perfect for beachgoers and boating enthusiasts. Additional features include upgraded seawall (2021) with new batter piles and cap, dock and electric, natural gas with whole house generator, new pool (2024), updated bathrooms, high ceilings throughout and an upper level open and covered balcony with bar and summer kitchen. Enjoy all beautiful south Florida has to offer fishing, fine dining and world class shopping.
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About Palm Beach Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017