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325 Cocohatchee Boulevard
About This Property
Designed for unforgettable entertaining, the residence is centered around a resort-style outdoor setting highlighted by a custom Lucas Lagoons backyard, crafted by Lucas Congdon of Insane Pools. Natural stone anchors a multi-level saltwater pool with spa, waterfalls, fire bowls, a grotto, and waterslide.
Inside, white oak flooring, exposed beams, and brick detailing create architectural warmth and character throughout. The chef's kitchen is appointed with a La Cornue gas range, dual Sub-Zero refrigeration, quartzite countertops, custom cabinetry, and top-of-the-line appliances designed for performance and style.
A detached guest house provides additional privacy and flexibility, while expansive garage capacity accommodates up to 10 vehicles with lift capability, ideal for collectors and enthusiasts.
A private putting green and multiple covered seating areas reinforce the estate's self-contained resort layout. A custom fire pit, integrated sound system, and layered landscape lighting complete the immersive setting, designed to accommodate intimate evenings and large-scale gatherings. Covered outdoor living areas with wood ceilings and a gas stone fireplace connect seamlessly to a fully equipped outdoor kitchen featuring an alfresco grill, hibachi station, leathered quartzite countertops, ice machine and ample prep space. Along the riverfront, a private illuminated dock with two boat lifts and two Jet Ski lifts, including a covered slip, provides seamless access to the Gulf. This is a true private resort where every day feels like a vacation-there's simply no reason to ever leave.
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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 14, 2026 | Price Decreased |
$9,995,000
↓ $1M
(9.1%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$10,995,000
↓ $505K
(4.4%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$11,500,000
↓ $2M
(11.5%) | |
| Price Decreased | |||
| Apr 10, 2026 | Price Decreased |
$12,995,000
↓ $2M
(10.4%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by Premier Sotheby's Int'l Realty | $14,500,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017