178 PALM CREST Drive
About This Property
Set on a premium lot with serene pond and preserve views, this home provides both privacy and a peaceful backdrop for everyday living. The open-concept layout connects the spacious kitchen, dining, and living areas-ideal for entertaining or relaxing with family.
The chef's kitchen includes a large island, quartz countertops, gas cooktop, and ample storage. The owner's suite overlooks the tranquil preserve and features a spa-like bath with dual vanities and a walk-in shower.
Additional highlights include:
*3-car garage with room for storage or a golf cart
*Split-bedroom layout for added privacy
*Covered lanai perfect for outdoor dining or watching sunrises over the water
*Walking Distance to the new Seabrook School Located in the master planned community of Nocatee which includes parks, pools, waterparks, greenway trails, pickleball courts, kayak launch, and town center.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Price Decreased |
$889,000
↓ $6K
(0.7%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$895,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $915,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
Property Highlights
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About Nocatee
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Last Updated: 8 months ago
Data Source: Real MLS, MLS# 2114687
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