1508 Miramar
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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Christie's International Real Estate SoCal | $7,595,000 | |
| Listed by Christie's International Real Estate SoCal | |||
| Jun 25, 2025 | Listed | $7,750,000 | |
| Listed | |||
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Life is short...live at the beach. Experience unparalleled beachfront living at this stunning duplex featuring two private 1-bdrm, 2-bthrm residences ideal for income potential, dual living, or a turn-key lifestyle. Step through a private security gate & into your secluded beachside sanctuary where each units' private balconies provide the perfect place to watch sunsets paint the sky. Large windows, bright interiors & modern kitchens make entertaining a joy, as long beach days & warm summer nights beckon from this world-class location. Whether you're seeking a short-term escape or a long-term residence, this versatile gem offers effortless access to a truly luxurious lifestyle. The wait is over. Make the move to Miramar Beach & embrace your California coastal dreams.
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| Jan 21, 2025 | Listed | $7,950,000 | |
| Listed | |||
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Life is short...live at the beach. Experience unparalleled beachfront living at this stunning duplex featuring two private 1-bdrm, 2-bthrm residences ideal for income potential, dual living, or a turn-key lifestyle. Step through a private security gate & into your secluded beachside sanctuary where each units' private balconies provide the perfect place to watch sunsets paint the sky. Large windows, bright interiors & modern kitchens make entertaining a joy, as long beach days & warm summer nights beckon from this world-class location. Whether you're seeking a short-term escape or a long-term residence, this versatile gem offers effortless access to a truly luxurious lifestyle. The wait is over. Make the move to Miramar Beach & embrace your California coastal dreams.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017