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1738 SELVA MARINA Drive
About This Property
The outdoor living space is a true private sanctuary. A sprawling covered lanai with fireplace overlooks a sparkling saltwater pool and spa, creating the perfect backdrop for sunset cocktails or quiet mornings watching the golfers play through. The expansive grounds, featuring a stately circular driveway and lush landscaping, offer a sense of scale and seclusion that is virtually impossible to find so close to the ocean.
Beyond the gates of this no-HOA estate, you're just a golf cart ride away from the vibrant life of Atlantic Beach and the top-rated Atlantic Beach Elementary. This is more than just a home; it is the ultimate expression of the coastal luxury lifestyle.
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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 1, 2026 | Price Decreased |
$5,495,000
↓ $455K
(7.7%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by COMPASS FLORIDA LLC | $5,950,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Jan 24, 2023 | Sold | ||
| Sold | |||
| Oct 4, 2022 | Listed by COMPASS FLORIDA LLC | $3,500,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Jan 27, 2010 | Sold | ||
| Sold | |||
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About Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,200 /mo
- 4 Beds
- 3 Baths
- 2,619 ft²
$5,500 /mo
- 1 Bed
- 2 Baths
- 917 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017