33
Map
$930,000
●
House -
Off Market
368 Carmine Drive
Cocoa Beach, FL 32931
3 Beds
3 Baths
1,853 Ft²
$5,705
Est. Monthly
1.94%
Cap Rate
About This Property
FULL 2 YEARS FINANCIALS! Airbnb Super host! NOT LOCATED IN A FLOOD
ZONE!
Nestled in the coveted Venetian Way, this deep water, navigable canal-front home boasts 80 feet of waterfrontage with direct access to the Banana River. A proven HIGH-INCOME performer on Airbnb, this versatile property suits investors, families or retirees seeking the ultimate coastal retreat. No cast iron! All plumbing, electric, ductwork & waterlines have been redone. HVAC (2024) and electric panel (2020) ensure modern efficiency. Fully furnished and remodeled to the tilt, this sleek, contemporary home shines. Inside offers open-concept living with high end finishes throughout. Outside, unwind in the heated pool or jacuzzi while watching dolphins and manatees from your 2013 dock. Rarely do properties like this come available-beautifully remodeled, no flood zone, turnkey and on navigable water. An ideal blend of style, comfort and location,this Cocoa Beach gem is a standout opportunity you won't want to miss.
Nestled in the coveted Venetian Way, this deep water, navigable canal-front home boasts 80 feet of waterfrontage with direct access to the Banana River. A proven HIGH-INCOME performer on Airbnb, this versatile property suits investors, families or retirees seeking the ultimate coastal retreat. No cast iron! All plumbing, electric, ductwork & waterlines have been redone. HVAC (2024) and electric panel (2020) ensure modern efficiency. Fully furnished and remodeled to the tilt, this sleek, contemporary home shines. Inside offers open-concept living with high end finishes throughout. Outside, unwind in the heated pool or jacuzzi while watching dolphins and manatees from your 2013 dock. Rarely do properties like this come available-beautifully remodeled, no flood zone, turnkey and on navigable water. An ideal blend of style, comfort and location,this Cocoa Beach gem is a standout opportunity you won't want to miss.
Unit Size
1,853 Ft²
Days on Market
86 days
Land Size
0.20 acres
Price per sqft
$526
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1974
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Space Coast MLS #1040957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2025 | Listed by STELLAR NON-MEMBER OFFICE | $930,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
| | |||
|
FULL 2 YEARS FINANCIALS! Airbnb Super host! NOT LOCATED IN A FLOOD ZONE! Nestled in the coveted Venetian Way, this deep water, navigable canal-front home boasts 80 feet of waterfrontage with direct access to the Banana River. A proven HIGH-INCOME performer on Airbnb, this versatile property suits investors, families or retirees seeking the ultimate coastal retreat. No cast iron! All plumbing, electric, ductwork & waterlines have been redone. HVAC (2024) and electric panel (2020) ensure modern efficiency. Fully furnished and remodeled to the tilt, this sleek, contemporary home shines. Inside offers open-concept living with high end finishes throughout. Outside, unwind in the heated pool or jacuzzi while watching dolphins and manatees from your 2013 dock. Rarely do properties like this come available-beautifully remodeled, no flood zone, turnkey and on navigable water. An ideal blend of style, comfort and location, this Cocoa Beach gem is a standout opportunity you won't want to miss.
| |||
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$975,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Apr 24, 2025 | Price Decreased |
$995,000
↓ $105K
(9.6%) | |
| Price Decreased | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Venetian Way
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Listed by: Sarah Rekab, Blue Marlin Real Estate
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1040957
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1040957
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