140 Miami Avenue
About This Property
Welcome to Indialantic's sought-after SOFA district, where the ocean breeze and vibrant energy of 5th Avenue are just steps away. This 3-bedroom, 3-bath home with an additional imagination room blends relaxed island living with modern convenience. Enjoy a 2021 metal roof, Bahama and accordion shutters, and a private screened pool for year-round enjoyment. Inside, you'll love the granite kitchen with a sunny breakfast nook, a seamless indoor-outdoor flow through triple-pocket sliders, and a luxurious primary suite with bamboo floors and spa-style bath. Whether sipping morning coffee on the covered patio, entertaining friends poolside, or heading out for a stroll on the beach, this home delivers the ultimate coastal lifestyle.
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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 |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Price Decreased |
$974,600
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Jul 3, 2025 | Price Decreased |
$995,000
↓ $53K
(5.1%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$1,048,000
↓ $77K
(6.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Indialantic by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017