30698 WATERFRONT DRIVE
About This Property
Welcome to 30698 Waterfront Drive in the sought-after community of Stonewater Creek!
Why wait for new construction when you can move right in? This beautifully maintained 3-bedroom, 2-full-bath home is barely four years old and offers approximately 1,748 square feet of comfortable living space, a 2-car garage, and a beautiful pond view from the rear of the home.
The front of the home features a concrete driveway and welcoming front porch-perfect for enjoying your morning coffee, relaxing in the evening, or simply watching the neighborhood go by. Around back, the spacious covered porch overlooks the community pond, creating a peaceful setting for outdoor entertaining or unwinding at the end of the day.
Step inside to a welcoming foyer that opens into the home's spacious open-concept living, dining, and kitchen area. Luxury vinyl plank flooring runs throughout the main living spaces, offering an attractive, durable, and easy-care surface that is especially practical for today's active lifestyles and pet owners.
The kitchen is designed for both everyday living and entertaining, featuring a large center island, granite countertops, stainless steel appliances, 42-inch cabinetry, and a glass tile backsplash. A full-size laundry room is conveniently located just off the kitchen.
The primary suite is privately positioned at the rear of the home, taking advantage of the peaceful pond setting. The primary bathroom offers dual sinks, a walk-in shower, and luxury vinyl flooring, while the oversized walk-in closet provides an abundance of storage. Two additional bedrooms are located toward the front of the home and share a second full bathroom.
The 2-car garage provides plenty of room for vehicles, beach gear, bicycles, yard equipment, and additional storage.
Stonewater Creek offers an impressive selection of amenities, including an outdoor swimming pool, pickleball courts, tennis courts, clubhouse, and playground/tot lot. The community is conveniently located a short distance from the area's beautiful beaches, shopping, restaurants, and the state boat ramp. With easy access to Indian River Bay, boating, fishing, and other outdoor recreational activities are right at your fingertips.
And the numbers are hard to beat: HOA fee of only $125 per month and annual property taxes of approximately $598. The seller is also flexible and ready for a quick settlement.
If you're looking for a newer home with a pond view, great amenities, low carrying costs, and a convenient beach-area location, 30698 Waterfront Drive deserves a closer look! Immediate showings.
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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 12, 2026 | Price Decreased |
$434,900
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Oct 1, 2026 | Price Decreased |
$439,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed by Iron Valley Real Estate at The Beach | $444,000 | |
| Listed by Iron Valley Real Estate at The Beach | |||
| Oct 31, 2025 | Price Decreased |
$458,475
↓ $25
(0%) | |
| Price Decreased | |||
| Aug 15, 2025 | Price Decreased |
$458,500
↓ $10K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017