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18612 Ocean Mist Drive
About This Property
Enjoy peace of mind with major recent improvements, including a new roof (July 2023), new hurricane-rated garage door (July 2024), new washer and dryer (2024), new downstairs A/C unit (January 2024), new upstairs A/C unit (September 2024), and a newly foam-insulated attic (July 2024) for enhanced energy efficiency. The garage also features a new mini-split air unit (October 2024), ideal for a climate-controlled workspace. Inside, you'll find a renovated cabana room (March 2024), a built-in office in the spacious upstairs loft, and elegant living areas perfect for entertaining or relaxing. The heart of the home opens to a beautiful courtyard-style pool and hot tub (installed October 2020)a true Florida oasis.
The oversized 3-car garage provides ample storage and versatility, making this home as functional as it is luxurious.
Located in a top-rated school district and just minutes from shopping, dining, and parks, this residence offers comfort, space, and a rare opportunity to enjoy both community living and natural scenery in one of Boca Raton's most desirable neighborhoods.
Don't miss this opportunity to own a slice of paradise in one of West Boca's most desirable 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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Premier Brokers International | $1,290,000 | |
| Listed by Premier Brokers International | |||
| Jun 24, 2019 | Sold | ||
| Sold | |||
| Apr 10, 2019 | Listed by Premier Brokers International | $624,999 | |
| Listed by Premier Brokers International | |||
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About Shores at Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017