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2212 River Pine Drive
About This Property
The property features a brand-new seawall and dock (installed in 2022), offering immediate access to the water and effortless boating to the Gulf. Enjoy fishing, jet skiing, and true waterfront living right from your backyard.
Even better, the adjacent parcel is also for sale/available for purchase and comes equipped with its own dock and boat lift, both each have electric and water, all supported by durable concrete pilings. With one dock on each parcel and a total of two boat lifts between them 10K Lbs & 14K lbs, you'll have exceptional flexibility for multiple vessels. Combine both parcels to create nearly 3 acres of prime riverfront property.
The main structure on this parcel has a very functional living space with a full kitchen, living area, 3 bedrooms, and 2 bathrooms....perfect as a rental, guest space, or while you build your dream home.
The property is fully fenced and offers privacy with a gated entrance, creating a secure and secluded waterfront retreat. With stunning north-facing river views, this is the perfect canvas to build, expand, or simply enjoy as-is.
An exceptional opportunity to own a nearly 3-acre riverfront compound: dual parcels, dock and lifts already in place, and a separate guest or fishing house; offering tremendous upside for redevelopment or the creation of an expansive private waterfront estate. More Photos coming soon!!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Apr 22, 2026 | No longer available | - | |
| No longer available | |||
| Apr 22, 2026 | Listed by Royal Shell Real Estate, Inc. | $420,000 | |
| Listed by Royal Shell Real Estate, Inc. | |||
| Feb 6, 2026 | Price Decreased |
$424,900
↓ $1M
(70.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017