21211 Palm Beach Boulevard
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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 |
|---|---|---|---|
| Oct 12, 2026 | Relisted | $2,495,000 | |
| Relisted | |||
| Sep 10, 2026 | Listed by RE/MAX River & Ranch | $2,495,000 | |
| Listed by RE/MAX River & Ranch | |||
| Sep 5, 2026 | No longer available | - | |
| No longer available | |||
| Mar 24, 2026 | Price Decreased |
$2,495,000
↓ $255K
(9.3%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed by RE/MAX River & Ranch | $2,750,000 | |
| Listed by RE/MAX River & Ranch | |||
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Alva Riverfront 8+ Acres on the Caloosahatchee Intracoastal waterway-Includes Large 4,000 SF barn house. Entire building has a Commercial HVAC & security system included. Barn has 2 Large 14 ft OH Commercial power doors. Polished concrete stained floors with natural real wood siding interior. Full kitchen that includes top grade granite counter tops with nice cabinets. Commercial Washer & dryer in seperate room. Large capacity dock and boat lift on the river that includes a metal house roof. Riverfront acreage is becoming a rare find. Located in the heart of Alva and the property can be used for several multi purpose uses. Wedding & event venue is allowed. 45 Ft Bus or Rv will store inside with 50 Amp hookup plug in ready. Many possibilites.
Set up an appointment to view the site. Barn will hold 8 Automobiles- Video & Pictures Posted Next Week
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017