62
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123 Murray Road
About This Property
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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 13, 2026 | Price Decreased |
$8,900,000
↓ $100K
(1.1%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Keller Williams Coastal Partners | $9,000,000 | |
| Listed by Keller Williams Coastal Partners | |||
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Dec 30, 2024 | Listed by Premier Estate Properties, Inc | $8,490,000 | |
| Listed by Premier Estate Properties, Inc | |||
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Welcome to 123 Murray Road, a coastal modern new construction residence which was just recently completed in December 2024. With spectacular views of the Intracoastal and Palm Beach Island, the home is just steps from Flagler Drive, sits on an extremely high elevation, and has been meticulously finished to the very best standards. Some of the home's features include 7,122 sq feet of total living space, 5 bedrooms all with ensuite baths, a separate pool-side guest house for maximum outdoor enjoyment, and a fully integrated Smart Home control 4 sound and lighting system. Boasting the highest-end fixtures and luxury finishes throughout, every detail was carefully thought through and implemented. Showcasing 11.5' ceilings and 10' impact rated sliding glass doors on the first floor, 10' ceilings on the second floor, a gorgeous honed marble island with waterfall edges, a Sub Zero and Wolf appliance package, and a huge luxe bar with glass door wine racks, the house is perfect for entertaining and flooded with natural light.
Some additional amenities include a gas heated pool and spa, summer kitchen, poolside covered loggia, an al-fresco dining area, a guest house outfitted for either a 6th guest bedroom, private office, or cabana lounge, and elevator and generator ready options.
With unmatched proximity to Palm Beach just steps away, and diversity of architecture which makes Murray Road a truly premier street in the ''SoSo'' neighborhood of coastal West Palm Beach, this tropical contemporary residence is the latest completion from the bespoke Sam Fisch Development design and build portfolio - providing Buyers with a 1 year Builder's Warranty upon purchase.
123 Murray is also positioned ideally about 10 minutes to both downtown West Palm Beach and the easily accessible Palm Beach International Airport. Totally turn-key, this one-of-a-kind custom residence - with its incredible water views, brand new construction, and super-prime location - is now available for immediate move-in and true enjoyment.
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errors, omissions or changes without notice. All such information should be independently verified by
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asking price. The listing company participates in the Multiple Listing Service and IDX. The properties
published as listed and sold are not necessarily exclusive to listing company and may be listed or have
sold with other members of the Multiple Listing Service. Transactions where listing company
represented both buyers and sellers are calculated as two sales. "No payments made until title passes"
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provided by seller, listing company or its representatives is deemed reliable but are not guaranteed
and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All
Rights Reserved.
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Property Highlights
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About Lakewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017