16902 Bridge Crossing Circle
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by Compass Florida LLC | $1,649,000 | |
| Listed by Compass Florida LLC | |||
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Act fast — this impeccably priced Somerset model in The Bridges is a rare opportunity that won't last long! Welcome to The Bridges, one of South Florida's most sought-after luxury communities.
Upstairs, a flex space has been converted into a true fifth bedroom, a rare and valuable addition that makes this Somerset model uniquely desirable. This home has been transformed with designer finishes and thoughtful upgrades, offering an exceptional blend of sophistication, comfort, and style. Step inside to soaring ceilings, sleek architectural details, and a flowing open-concept layout ideal for modern living. A dramatic 18-foot porcelain tile feature wall with an electric fireplace anchors the living room, creating a stunning focal point that exudes both warmth and elegance. The custom chef's kitchen has been completely reimagined with high-end finishes and premium appliances. Every element was designed with form and function in mind, perfect for both entertaining and everyday living.
Upstairs, the primary suite overlooks the tranquil lake and features a custom-fitted dressing room, remote-controlled shades, and a spa-inspired bath with a jetted tub, frameless glass shower, and designer stone wall detail.
Throughout the home, LED lighting, engineered wood flooring upstairs, and 24x24 mud-set porcelain tile downstairs blend warmth and luxury seamlessly. The glass-paneled staircase with wood railings serves as a striking architectural centerpiece, enhanced by contemporary LED chandeliers.
Outside, the freshly painted exterior (2022) and meticulously maintained landscaping showcase the pride of ownership at every turn. Upstairs AC replaced August of 2025, downstairs replaced 2022. This home offers an unmatched combination of design, comfort, and value and opportunities like this are rare. Don't miss your chance to own one of the finest Somerset models in The Bridges before it's gone!
The Bridges offers an unparalleled resort-style experience, from its luxurious clubhouse, gourmet restaurant, and state-of-the-art fitness center to tennis courts, resort pool, and family-friendly amenities. Ideally located just minutes from Delray Marketplace, downtown "Atlantic Avenue", and the pristine Delray Beach, residents enjoy both exclusivity and convenience.
Capital Contribution number is approximate.
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| Jun 13, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by Signature Ultimate Real Estate LLC | $1,595,000 | |
| Listed by Signature Ultimate Real Estate LLC | |||
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About Palm Beach
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Address: 335 Madison Avenue, New York, NY 10017