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1880 Sabal Palm Drive
About This Property
A grand arrival sets the tone, opening to expansive interiors defined by generous ceiling heights, refined detailing, and effortless indoor-outdoor flow. Designed for both sophisticated entertaining and everyday living, the home features six bedrooms and multiple gathering spaces, including an impressive club room with a private movie theater, delivering a true estate-level entertainment experience.
At the heart of the home, light-filled living and family areas connect seamlessly to the outdoors, where a resort-style beach-entry pool anchors the private backyard retreat. Overlooking the fairway, the outdoor living spaces are ideal for quiet mornings and elegant evenings alike, enhanced by the home's prized southeastern exposure.
With commanding proportions, a thoughtful layout, and a premier golf course setting, 1880 Sabal Palm Drive represents a rare opportunity to own a residence that delivers privacy, presence, and enduring luxury.
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Dec 28, 2025 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | Listed by Royal Palm Properties LLC | $9,450,000 | |
| Listed by Royal Palm Properties LLC | |||
| Aug 4, 2020 | Sold | ||
| Sold | |||
| Feb 25, 2019 | Listed by RE/MAX Advantage Plus | $5,650,000 | |
| Listed by RE/MAX Advantage Plus | |||
| | |||
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About Royal Palm Yacht and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017