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3700 Embassy Drive
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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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Echo Fine Properties | $2,445,000 | |
| Listed by Echo Fine Properties | |||
| Mar 19, 2026 | Price Decreased |
$2,484,990
↓ $10
(0%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by Echo Fine Properties | $2,485,000 | |
| Listed by Echo Fine Properties | |||
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Welcome to Presidential Estates, the only gated single-family home community east of I-95, offering unmatched privacy, security, and convenience just minutes from downtown West Palm Beach and Palm Beach Island. This extensively renovated five-bedroom, four-bath residence blends modern design with thoughtful upgrades throughout. A bright, open-concept floor plan is anchored by a stunning chef's kitchen featuring custom cabinetry, quartzite countertops, premium stainless-steel appliances, and natural gas cooking. The home offers two primary suites, including an architect designed fully built-out new primary wing completed recently featuring a designer private dressing room and custom shoe closet. All bathrooms have been beautifully renovated with clean, contemporary finishes. Major improvements include hurricane-impact windows and doors, newer roof (approx. 8 years), three updated A/C systems, conversion to natural gas, whole-home water purification with reverse osmosis, and a Moen Flo smart leak detection and shutoff system. The backyard is designed for entertaining, with a resort-style pool and spa, landscape lighting, natural gas heater, updated summer kitchen, AquaLink smart system, and newer pool equipment. Ideally positioned adjacent to Dutchman's Pipe Golf Club with golf cart access, and just minutes to Bear Lakes Country Club. Close to Whole Foods, Palm Beach Outlets, PBI Airport, beaches, and top-rated schools. Extensively upgraded and move-in ready, this is a rare opportunity in one of West Palm Beach's most desirable gated communities.
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| Apr 29, 2020 | Sold | ||
| Sold | |||
| Nov 26, 2019 | Listed by Echo Fine Properties | $695,000 | |
| Listed by Echo Fine Properties | |||
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About Villages of Palm Beach Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017