1242 N CIRCLE DRIVE
About This Property
IMPRESSIVE, IMMACULATE, UPGRADED, AND WELL-BUILT! This GORGEOUS 3-story home, built in 2019, offers 3 bedrooms + 2 bathrooms + 6-car garage (tall door and ceiling to accommodate large trucks) + inside elevator for easy living + cozy fireplace for cool nights + metal hip roof to last a lifetime + substantial concrete boat slip with water depth that accommodates a large boat + large backyard and side yard with lush landscaping for the family and pets + located on a dead-end street with no through traffic! No HOA, so bring your RV or additional boat and park it on the side of your home! Every inch of this home is upgraded and in mint condition. This is one of the most well-maintained homes you will ever walk-into!!
Architectural Excellence and Peace of Mind: From the moment you enter, the coastal design captivates. Soaring 2-story ceilings and floor-to-ceiling sliders and windows create a breathtakingly bright, open-concept living space with dynamic views of the water and spectacular sunsets. This home truly looks like it was plucked from the pages of Coastal Living Magazine.
Engineered for Generations: The owner, an engineer, built this home to the absolute highest standards. Boasting a highly-engineered pier foundation reinforced with $100,000 in specialized support systems, this property offers superior structural integrity. Enjoy peace of mind knowing the home incurred NO flood claim from the 2024 hurricane and is exceptionally well-maintained.
Designed for Luxury & Coastal Lifestyle: The entire top level is an exclusive primary suite featuring a separate living room/loft and a private covered lanai balcony-your personal sanctuary to escape from the hustle and bustle of life. The large ensuite spa-like bathroom will delight your senses and make you feel spoiled, as you should be.
Unrestricted Property: This can be an income-producing property offering short-term rentals to guests. Additionally, there is NO HOA which means you can bring your RV, extra boat, jet-ski, or all your toys and park them on your side yard.
This is more than a home; it is the realization of the ultimate Florida waterfront dream. It is impeccably maintained, fully upgraded, and MOVE-IN READY-all that's missing is you. This is a newer home, built in 2019, and is like new!! You don't have to do anything but bring your swimsuit and LIVE YOUR BEST LIFE!!
For pricing reference: the home a few lots over was recently purchased at 1.9 million and the buyer is tearing it down.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 25, 2025 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | Listed by HOME LAND REAL ESTATE INC | $2,400,000 | |
| Listed by HOME LAND REAL ESTATE INC | |||
| Dec 4, 2014 | Sold | ||
| Sold | |||
| Dec 21, 2012 | Listed by Plantation Realty, Inc. | $275,000 | |
| Listed by Plantation Realty, Inc. | |||
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Gorgeous Waterfront lot Located directly on Kings Bay, offers cut-in-boat slip, seawall and a million dollar view. Hurry you won't find another lot with this amazing location and view.Build your Dream Home and watch the Manatee Play right off your seawall.!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017