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3200 Green Dolphin Lane
About This Property
Inside, nearly 14,000 square feet unfolds with the scale to entertain and the warmth to live comfortably every day. Craftsmanship from around the world is woven throughout the home. Honduran mahogany doors, gold-leaf ceilings, hand-painted Italian frescoes, custom Murano glass chandeliers, hand-carved woodwork, rosewood flooring, natural stone and Venetian plaster are complemented by more than 50 handcrafted marble columns throughout the interiors and travertine columns outdoors, creating a residence that feels entirely one of one.
The primary suite is a peaceful retreat, distinguished by intricate murals created in Venice, a spa and shower crafted entirely in marble and a private outdoor area designed to feel like a luxury resort.
Beyond the formal living and dining rooms, the home opens to an expansive family room, a private movie theater, library and speakeasy with substantial wine storage. An attached guest residence with a separate kitchen offers family and guests complete privacy while remaining seamlessly connected to the main home.
Behind the beauty is a standard of construction intended to endure for generations, including more than 300 pilings, poured concrete walls and floors, a prefabricated concrete roof system and 12 inches of insulation. A 200 kW whole-house generator provides additional security and self-sufficiency.
Just steps from the beach and the highly anticipated new Port Royal Club, the property offers coveted eligibility for membership. The spectacular new beachfront clubhouse will feature multiple dining venues, indoor and outdoor bars, a beachfront pool and cabanas, and private beach access.
In Port Royal, where properties of this scale have become exceedingly scarce, nearly one acre represents far more than land. It creates privacy, presence and the freedom to live expansively. Combined with globally sourced craftsmanship and uncompromising construction, 3200 Green Dolphin Lane is a legacy property that would be nearly impossible to replicate today.
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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 | Listed by Coldwell Banker Realty | $29,999,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 4, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 14, 2026 | Listed by Gulf Coast International Prop | $33,500,000 | |
| Listed by Gulf Coast International Prop | |||
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For Sale
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| Feb 4, 2002 | Sold | ||
| Sold | |||
| May 19, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017