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1471 SHOAL WAY
About This Property
Designed by a renowned architect for his own family, 1471 Shoal Way is a masterclass in thoughtful design, quality craftsmanship, and effortless livability.
Set on one of the largest lots in Southbay (just shy of half an acre) privacy was a guiding principle in the home's design. Tucked at the end of a quiet cul-de-sac and overlooking an expansive green space, the property feels even more open and serene.
No expense has been spared in the home's extensive upgrades, evident the moment you step inside. Eight-inch wide white oak flooring, custom cabinetry, and high-level quartz countertops create a refined yet inviting aesthetic throughout. A striking, oversized fireplace crafted from natural coral stone anchors the living space and is beautifully framed by solid iron double doors-an architectural feature unique to this home.
The layout is equally impressive, offering two distinct living areas, four bedrooms, and three baths, thoughtfully designed to maximize both functionality and flow. The oversized garage includes a workshop area and a climate controlled storage space!
With every detail already complete, this home allows you to fully enjoy the idyllic waterfront lifestyle Southbay is known for-whether boating, playing pickleball or tennis, or simply relaxing poolside. Boating in Southbay is made easy with its marina located in the center of the development.
Peace of mind comes standard with a metal roof designed to resemble barrel tile, hurricane-rated windows, and a location outside of the flood zone, offering both resilience and long-term value.
Pack your bathing suit and bring your boat – live the Florida lifestyle to the fullest.
Exclusions:
mounted tv/screens, potted plants
Pool heater conveys as is
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 13, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Relisted | $1,499,000 | |
| Relisted | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by DALTON WADE INC | $1,499,000 | |
| Listed by DALTON WADE INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017