129 BARRIER REEF Drive
About This Property
Set on a premium water-to-preserve homesite toward the back of the community, this one-story ICI Egret V offers a rare combination of privacy, peaceful views, and thoughtful design. From the moment you step inside, a spacious foyer draws you into light-filled living spaces where expansive windows frame serene natural vistas and create a seamless connection to the outdoors. The open-concept layout is both functional and inviting, featuring 4 bedrooms, 3 full baths, a private office, and a generous gathering room -- ideal for everyday living or hosting friends and family. This home truly stands apart with a long list of high-end upgrades already completed, saving you time, expense, and effort. Wide plank white oak flooring, custom closet systems, plantation shutters, electric blinds, designer lighting, spray-foam insulation, water treatment system, and a full home security system have all been thoughtfully selected. The oversized 3-car garage is equally impressive with epoxy floors and built-in cabinetry, while a large, floored attic provides exceptional storage rarely found in homes like this. Outdoor living is just as inviting, with a retractable screened lanai that allows you to enjoy the view year-round, along with full fencing, professional landscaping, gutters, and a paver driveway that adds to the home's curb appeal. Offering one of Coral Ridge's most desirable floor plans on a premier lot, this is a turnkey opportunity to enjoy the best of Nocatee living--right now!
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Price Decreased |
$1,295,000
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Mar 23, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,395,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Aug 9, 2024 | Sold | ||
| Sold | |||
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017