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3775 FOREST Drive
About This Property
Tucked away in a dead-end lot along 200 ft of the quiet waters of Black Creek, this riverfront retreat is the perfect blend of privacy, craftsmanship and outdoor living. Expansive covered porches, warm wood finishes and an open-concept design built for gathering.
Inside the main home, you'll find soaring cypress wood ceilings, abundant natural light, and a beautifully appointed kitchen creating an inviting atmosphere that feels both refined and relaxed. Multiple living spaces provide room to entertain, unwind or simply take in the peaceful surroundings.
A custom designed deep pier foundation worth over $500,000 provides top of the line structural integrity for peace of mind. 48x25 screened in entertainment area with sink and bar, private dock and endless opportunities for boating, fishing, kayaking, or sunset cruises. Navigable to the St Johns River. Whether you're searching for a full-time residence or a waterfront escape, this property captures the best of Florida riverfront living.
Barn/Workshop offers incredible flexibility and 800 additional sq ft with a 2nd spacious primary en suite with bathroom above an expansive 4-car workshop/garage. Perfect for guests, a home office, hobby space, or multigenerational living. This provides the extra room you've been looking for while the oversized garage offers ample space for vehicles, storage and projects!
**Sq footage displayed for main house only. Additional sq footage in guest house**
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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 |
|---|---|---|---|
| Aug 4, 2026 | Price Decreased |
$950,000
↓ $425K
(30.9%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by JPAR CITY AND BEACH | $1,375,000 | |
| Listed by JPAR CITY AND BEACH | |||
| Mar 22, 2021 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Sold | ||
| Sold | |||
| Oct 17, 2018 | Listed by JPAR CITY AND BEACH | $150,000 | |
| Listed by JPAR CITY AND BEACH | |||
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About Middleburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017