1786 SELVA MARINA Drive
About This Property
Welcome to a RARE opportunity to own a sprawling estate on prestigious Selva Marina Drive, just steps from the lovely Atlantic Beach Country Club. This beautifully updated ranch-style home offers panoramic views of the golf course and lagoon, blending serene natural beauty with refined coastal living.
Situated on nearly an acre, the property features an expansive backyard oasis complete with an oversized sparkling pool, covered patio, and ample space for outdoor entertaining or future enhancements. The open-concept floor plan is designed to maximize views and natural light, with a living room that boasts a custom electric fireplace and floor-to-ceiling windows overlooking the water.
Inside, you'll find four generously sized bedrooms and two and a half fully remodeled bathrooms, all featuring custom cabinetry and contemporary finishes. The separate dining room is adorned with a coffered ceiling, adding a touch of elegance. The kitchen flows seamlessly into the living areas, making it perfect for both everyday living and entertaining.
Additional highlights include a spacious laundry room, additional gas fireplace, three-car attached garage, and a layout that offers both comfort and functionality. Whether you're looking for a move-in-ready family home or envision building your dream estate on this unusually large lot, the possibilities are endless.
Located just a short bike or golf cart ride from the beach and the vibrant Beaches Town Center, you'll enjoy easy access to shopping, dining, and the exclusive amenities of the Atlantic Beach Country Club. Don't miss this unique opportunity to own a piece of paradise in one of Atlantic Beach's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$2,695,000
↓ $105K
(3.8%) | |
| Price Decreased | |||
| Jun 21, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $2,800,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Aug 26, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017