2808 Florida Boulevard
About This Property
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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 7, 2024 | Listed | $2,590,000 | |
| Listed | |||
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NEW CONSTRUCTION- Delray Isles Townhomes is a brand-new island inspired townhomes project consisting of 7 luxury 2 & 3 story units located in the heart of Delray Beach, within exclusive waterfront Tropic Isle Community, minutes from Downtown Atlantic Avenue, beaches, and major retail stores. Bimini Model - 3 story unit floor plan consisting of 4 bedroom and 4.5 baths, centered around a sweeping 1st floor great room, upscale island kitchen with custom cabinetry, high-end JennAir appliances and fine finishes, wood floors throughout, covered patio area with outdoor kitchen and private pool. Large lounge area (could be split into optional office/room area & smaller lounge)with wet bar opening to 3rd floor deck, impact sliding windows/doors, 2-car garage with EV charger. Groundbreaking Q1 2025
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| Nov 9, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2020 | Sold | ||
| Sold | |||
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Nov 6, 2017 | Listed by Douglas Elliman | $299,900 | |
| Listed by Douglas Elliman | |||
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017