192 STILLWATER DRIVE
About This Property
Veranda Bay offers Intracoastal Waterway access and a planned marina, with opportunities for private docks. Community amenities include a resort-style pool, clubhouse, fitness center, tennis and pickleball courts, and a dog park. Public water and sewer, underground utilities, and approved custom builders are available. Buyers have up to five years to build their home.
Just one mile from Flagler Beach, residents enjoy quick access to beaches, dining, boutique shopping, golf, biking trails, and everyday services including grocery stores, medical offices, and I-95. Convenient to St. Augustine, Daytona Beach, Jacksonville, and Orlando, this location combines coastal living with easy regional access.
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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 |
|---|---|---|---|
| Jan 8, 2026 | Listed by EXP REALTY LLC | $250,000 | |
| Listed by EXP REALTY LLC | |||
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EXP REALTY LLC
Last Updated: 9 months ago
Data Source: Stellar MLS, MLS# FC315161
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017