77
Map
301 Miami Avenue
About This Property
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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%.
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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 10, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Feb 23, 2024 | Listed by David Curri Real Estate Group | $829,000 | |
| Listed by David Curri Real Estate Group | |||
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Indulge in the allure of a tropical haven at 301 Miami Avenue, nestled in the heart of the enchanting Indialantic by the Sea. A bespoke masterpiece, this custom home beckons with an array of exotic palms that cocoon the residence, creating a verdant sanctuary for unrivaled privacy.
Step into the dramatic open living area, where the ambiance is both captivating and welcoming. The lush surroundings become an integral part of the interior, seamlessly blending the boundaries between indoor and outdoor living. Enjoy the luxury of a private pool, nestled under the shelter of a large, covered lanai—a tranquil retreat that epitomizes the essence of tropical living.
This home boasts a timeless tile roof that not only adds to its aesthetic charm but also ensures enduring quality. The ground floor unveils a master suite that exudes spacious comfort, creating a haven for relaxation and serenity. The property's location is nothing short of extraordinary, with close proximity to nearby beach access and three charming downtown districts. Embrace the coastal lifestyle with ease, as you explore the pristine beaches and vibrant local scenes that define Indialantic's allure.
Upstairs, discover two bedrooms adorned with a shared bath, accompanied by a separate loft/office area that feels like a secluded treehouse amidst the vibrant foliage. Picture yourself surrounded by the lush greenery and colorful palms, creating a haven of tranquility and inspiration.
The heart of this home lies in its highly appointed modern quartz countertops, gas range kitchen. A culinary area that opens seamlessly to the grand, high-ceilinged living area. Sliders beckon you to the covered lanai and the tropical pool area beyond, offering a seamless transition between indoor and outdoor entertainment spaces.
Priced to sell far below the area's average. Residing on Iconic Miami Avenue South of Fifth Avenue becomes a true reality today. Don't miss the chance to immerse yourself in the tropical splendor of 301 Miami Avenuea home that effortlessly combines luxurious living with the laid-back charm of Indialantic by the Sea.
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| Aug 3, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by One Sotheby's International | $850,000 | |
| Listed by One Sotheby's International | |||
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About Indialantic by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017