2804 SE Dune Drive #1110
About This Property
The manager has listed the unit size as 2400 square feet.
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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 |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Nov 6, 2020 | Listed | $839,900 | |
| Listed | |||
| | |||
|
Spectacular upgraded ground floor condo with open views of the Ocean/Intracoastal Waterway. Over 2400 sq ft of living space. Open floor plan with gourmet chef's kitchen featuring a full size wine cooler, 2 bedrooms and 3 1/2 bathrooms, living room/dining room and eat-in kitchen. Master suite features large walk-in closets and his/her bathrooms. Chiseled marble, carpets and hardwood flooring. Separate laundry room with full size washer/dryer and utility sink. Built in office nook. Screened in lanai with additional sun porch off the master suite and extended terrace. Short walk to the heated pool w/full sun exposure. New electric hurricane shutters on back patio. New electric screens on back patio. New electric sun shades in living area and master suite. Private beach and beach club, fitness center, restaurants, tennis club, spa all included in the HOA. Armed security guard/gated community 24/7. Golf cart included.
| |||
| Apr 20, 2019 | No longer available | - | |
| No longer available | |||
| Apr 4, 2019 | Price Decreased |
$649,000
↓ $46K
(6.6%) | |
| Price Decreased | |||
| Jan 10, 2019 | Price Decreased |
$695,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/09/2024
|
3 Bed
|
4 Bath
|
2762 ft²
|
$1,850,000
3 Bed
4 Bath
2762 ft²
|
-
-
|
Valerie Barcik
Berkshire Hathaway Florida Realty
| |
|
04/24/2023
|
3 Bed
|
4 Bath
|
2762 ft²
|
$2,195,000
3 Bed
4 Bath
2762 ft²
|
-
-
|
Martin A. Conroy
Sailfish Point Realty, LLC
| |
|
03/01/2023
|
2 Bed
|
3.5 Bath
|
2400 ft²
|
$2,989,000
2 Bed
3.5 Bath
2400 ft²
|
-
-
|
Martin A. Conroy
Sailfish Point Realty, LLC
| |
|
01/23/2021
|
2 Bed
|
3 Bath
|
2400 ft²
|
$949,000
2 Bed
3 Bath
2400 ft²
|
-
-
|
-
| |
|
11/06/2020
|
2 Bed
|
3 Bath
|
2400 ft²
|
$839,900
2 Bed
3 Bath
2400 ft²
|
$770,000
-8.32%
05/03/2021
|
David Shinnebarger
Berkshire Hathaway Florida Realty
| |
|
10/19/2018
|
2 Bed
|
4 Bath
|
2400 ft²
|
$775,000
2 Bed
4 Bath
2400 ft²
|
-
-
|
-
| |
|
03/02/2018
|
3 Bed
|
4 Bath
|
2762 ft²
|
$665,000
3 Bed
4 Bath
2762 ft²
|
$640,000
-3.76%
06/07/2018
|
Debra Duvall
Water Pointe Realty Group
| |
|
07/29/2017
| |
3 Bed
|
4 Bath
|
2762 ft²
|
-
3 Bed
4 Bath
2762 ft²
|
-
-
|
-
|
|
04/18/2016
|
2 Bed
|
3 Bath
|
2400 ft²
|
$490,000
2 Bed
3 Bath
2400 ft²
|
$475,000
-3.06%
08/01/2017
|
Patti Kloiber
Berkshire Hathaway Florida Rea
| |
|
03/22/2016
|
3 Bed
|
4 Bath
|
2762 ft²
|
$770,000
3 Bed
4 Bath
2762 ft²
|
$700,000
-9.09%
04/29/2016
|
Patti Kloiber
Berkshire Hathaway Florida Rea
| |
|
02/04/2015
|
3 Bed
|
4 Bath
|
2762 ft²
|
$650,000
3 Bed
4 Bath
2762 ft²
|
$655,000
+0.77%
05/22/2015
|
Marguerite B. Krute
Premier Brokers International
|
Building Info
About South Hutchinson Island
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Phone: 425-283-2930
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