19
Map
351 Nettles Boulevard
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 |
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| Oct 7, 2025 | Listed | $425,000 | |
| Listed | |||
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A boater's dream awaits in this updated waterfront home on Nettles Island in Jensen Beach. With views of the Intracoastal Waterway/Indian River, this property offers the ultimate Florida resort lifestyle.Property featuresWaterfront access: A new seawall is already in place, giving you the opportunity to add a boat lift and dock for direct access to the Intracoastal.This home is essentially new from the outside in. Enjoy peace of mind with a new metal roof, impact windows, and modern siding.The interior offers 2 bedrooms and 2 full baths with an open-concept living area is bright and spacious, perfect for entertaining or relaxing. The home features all-new appliances throughout.New pavers enhance the curb appeal and create the perfect outdoor space for relaxing or dining.
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| May 19, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Listed by Hutchinson Island Real Estate | $359,900 | |
| Listed by Hutchinson Island Real Estate | |||
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WELCOME TO PARADISE~ WHAT A GREAT WATER CANAL BEACH HOME! THE CANAL HOME LEADS STRAIGHT INTO THE NORTH SIDE OF THE INDIAN RIVER. THE BEACH PROPERTY HAS A DOCK PERFECT FOR ENTERTAINING FRIENDS AND FAMILY WHILE WATCHING THE BEAUTIFUL SUNSETS. IT IS A GREAT RENTAL PROPERTY, OR ONE COULD STAY FOR THE SEASONAL MONTHS AND RENT SEASON. 2 BEDROOMS, 2 FULL BATHS, AN OPEN LIVING ROOM, A KITCHEN HAS GRANITE COUNTER TOPS AND STAINLESS STEEL APPLIANCES, NEWER BATHROOM VANITIES, LAMINATED FLOORING, AND SO MUCH MORE.
Located on Nettles Island, a guard-gated river community across the street from the Atlantic Ocean. Nettles Island offers so many fun activities, including two heated swimming pools—one on the ocean with beach access—tennis, pickleball, horseshoes, line dancing at the beach, a large clubhouse, fitness room, café, games for the entire family, library, church services, and over 40 different clubs. Come live the Florida lifestyle you have always dreamed of!
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| Oct 28, 2020 | Sold | ||
| Sold | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017