1628 SE 29TH TERRACE
About This Property
Perfectly situated in a highly desirable location near the Frank DeLuca YMCA, Publix, parks, shopping, dining, and top-rated schools, this exceptional property offers the ideal balance of convenience and tranquility. From the moment you arrive, the charming wraparound porch overlooking a peaceful private pond creates a warm, inviting first impression and the perfect place to relax while enjoying Florida's natural beauty.
Inside, soaring ceilings, abundant natural light, and timeless architectural details create an atmosphere of sophistication and warmth. Expansive living spaces flow effortlessly throughout the thoughtfully designed floor plan, providing an elegant backdrop for both grand entertaining and comfortable everyday living. The formal living and dining rooms exude classic charm, while the beautifully renovated kitchen serves as the heart of the home, featuring stone countertops, updated cabinetry, modern appliances, generous workspace, and ample room for casual dining and gathering.
Designed with flexibility in mind, the home's exceptional layout includes spacious primary suites on both the main and upper levels, making it ideal for multigenerational living, extended guests, or those who simply appreciate a well-designed floor plan. Laundry rooms on both floors and dual staircases further enhance convenience while complementing the home's distinctive architectural character.
Outdoor living is equally impressive. The private screened-in pool and expansive patio create a resort-like retreat for year-round enjoyment, whether hosting family and friends or relaxing in your own private oasis. A detached three-car garage, covered portico, and generous additional parking provide exceptional functionality while enhancing the property's overall appeal.
Recent improvements, including a new roof, HVAC system, pool pump, and garage door opener motors, provide lasting value and peace of mind, allowing the next owner to enjoy this exceptional home from day one.
Combining timeless Victorian-inspired architecture with elegant modern updates, expansive living spaces, and an outstanding location, this extraordinary residence is a rare offering. Spacious, refined, and impeccably maintained, it offers an exceptional blend of character, comfort, and long-term value. A truly spectacular home that must be experienced to be fully appreciated.
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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 |
|---|---|---|---|
| Jul 12, 2026 | Listed by WATERMARK ESTATES INC | $749,999 | |
| Listed by WATERMARK ESTATES INC | |||
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Price Increased |
$709,900
↑ $10K
(1.4%) | |
| Price Increased | |||
| Oct 28, 2025 | Price Decreased |
$699,900
↓ $15K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017