163 River Drive
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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 |
|---|---|---|---|
| Oct 27, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2026 | Listed by Compass Florida LLC | $6,950,000 | |
| Listed by Compass Florida LLC | |||
| |||
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This chill vibe coastal retreat on the Loxahatchee river offers panoramic wide water views and conveniences by land and sea! More than a dozen restaurants are just a 10-15 minute boat ride away. This Tequesta Country Club residence sits on a private .44 acre lot and offers 4 spacious bedrooms + a den, soaring tongue and groove ceilings, open floor plan, and an updated chef's kitchen. Enjoy the laidback lifestyle from the private pool, or under the shaded tiki-bar. Enjoy your private dock and boat slip with 16,000lb lift. Take advantage of all that the Village of Tequesta has to offer, from beautiful beaches, world renowned Golf courses, casual and luxury dining, Tequesta's newly redesigned Constitution Park and more!
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| Oct 12, 2026 | Price Decreased |
$6,950,000
↓ $300K
(4.1%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by Compass Florida LLC | $7,250,000 | |
| Listed by Compass Florida LLC | |||
| Sep 1, 2015 | Sold | ||
| Sold | |||
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About Tequesta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017