317 MYRTLE Street
About This Property
The open-concept main floor features 9' ceilings, tile flooring, and a stunning chef's kitchen with Silestone countertops, white shaker cabinetry, gas cooktop, dual ovens, and an oversized island ideal for entertaining. The dining and living areas flow seamlessly through French doors to a private courtyard with a cedar pergola, outdoor dining, fire pit lounge, and lush coastal landscaping.
At the front of the home, a private office overlooking the custom putting green provides the perfect work-from-home space-or can serve as a comfortable guest suite. Upstairs, the secluded primary retreat offers two walk-in closets and a spa-inspired bath with dual vanities, soaking tub, and dual-head shower. The second ensuite bedroom is impressively spacious with its own walk-in closet and bath, while the third bedroom enjoys a nearby full bath. A large laundry suite and multiple storage options complete the upper level.
Additional highlights include rare parking for up to seven vehicles, dual tankless water heaters, dual HVAC systems, and a fenced dog run perfect for surfboards, kayaks, and beach gear. Every detail is crafted for comfort, functionality, and elevated coastal living just steps from the best dining, shopping, and beaches in Northeast Florida.
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 29, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$1,485,000
↓ $64K
(4.1%) | |
| Price Decreased | |||
| Nov 16, 2025 | Price Decreased |
$1,549,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
| Nov 4, 2025 | Listed by THE LEGENDS OF REAL ESTATE | $1,599,000 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017