74
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188 CLEARLAKE Drive
About This Property
Rare Super High & Dry Elevation in Marsh Landing with no required flood insurance (located in Flood Zone X). This meticulously maintained home graces a prime location inside the exclusive gated community of Marsh Landing; Ponte Vedra's premier country club community. Nestled on a private street, this two story home boasts picturesque marsh views from the glistening saltwater pool. This tastefully updated and thoughtfully designed property features a spacious layout that seamlessly blends indoor & outdoor living. Beautiful travertine floors, updated kitchen & Roof 5 years new. The main floor features a gracious primary suite with spacious bath, a beautiful guest suite or study, elegant dining & living rooms, powder room & a family room with custom stone surround fireplace. Upstairs includes 3 spacious suites with 2 full baths & a huge bonus room or 6th bedroom. This spectacular property offers the epitome of gracious, resort-like coastal living in a convenient locatio with oversized windows, high ceilings & incredible natural light. Social initiation included to Marsh Landing Country Club; must be activated within 30 days of closing, dues & fees apply & some restrictions apply.
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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%.
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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.
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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 19, 2026 | Listed by MARSH LANDING REALTY | $1,775,000 | |
| Listed by MARSH LANDING REALTY | |||
| Mar 7, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2018 | Listed by MARSH LANDING REALTY | $835,000 | |
| Listed by MARSH LANDING REALTY | |||
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About Palm Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017