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3700 Ocean 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 |
|---|---|---|---|
| May 19, 2026 | Listed by One Sotheby's Int'l Realty | $35,000,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| Apr 28, 2026 | Delisted | - | |
| Delisted | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Price Decreased |
$28,950,000
↓ $10M
(25.8%) | |
| Price Decreased | |||
| Dec 8, 2024 | Listed by One Sotheby's Int'l Realty | $39,000,000 | |
| Listed by One Sotheby's Int'l Realty | |||
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In the heart of Vero’s seaside downtown, this walled & gated oceanfront compound is secluded by the privacy of meticulously landscaped grounds. Featuring reinforced concrete & steel construction anchored by 255 pilings, plus floor-to-ceiling impact windows & doors for ultimate weather readiness & peace of mind. 8 beds, 12 baths, garage parking for 10 cars, & multiple kitchens. Effortlessly control the ambiance, comfort, security & entertainment w/ the Savant home automation system. Resort-like living w/ 2 pools, incl. an 80’ oceanfront infinity pool. Sep. 3-bed guest house.
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About Vero Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,900 /mo
- 3 Beds
- 3 Baths
- 1,614 ft²
$1,650 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017