28410 Silver Palm DRIVE
About This Property
This expansive 170-foot seawall lot, nestled in a peaceful cul-de-sac, features a durable concrete seawall, making it ideal for water enthusiasts and nature lovers alike. Enjoy living in a tranquil waterfront neighborhood renowned for world-class fishing and easy access to open waters, including the Peace River and Charlotte Harbor.
With only two bridges-both over 40 feet high-between you and the Gulf of Mexico, you'll enjoy effortless boating and endless aquatic adventures. Immerse yourself in the stunning natural beauty of the waterways, teeming with wildlife, while savoring the quiet charm of this welcoming community.
Conveniently located just minutes from Punta Gorda's historic downtown, this property also offers quick access to shopping, dining, entertainment, and Highway 75, making it the ideal blend of peaceful seclusion and modern convenience.
Don't miss this opportunity to build your waterfront paradise. Contact us today for more details!
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 17, 2025 | In contract | - | |
| In contract | |||
| Jan 20, 2025 | Relisted | $109,000 | |
| Relisted | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by VETERANS REALTY INC. | $109,000 | |
| Listed by VETERANS REALTY INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017