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3817 ISLAMORADA Drive
About This Property
Tucked away in the sought-after Coquina Key community of Ormond Beach, this three-story home offers the perfect balance of privacy, space, and beachside living. With private community beach access via a boardwalk just steps away, you'll enjoy one of the area's most peaceful stretches of coastline bordering a state park. This is the coastal lifestyle you've been waiting for!
The first floor features two bedrooms, a sitting room piped for a wet bar right off the pool, a full bathroom, and garage access, making it an ideal setup for guests, extended family, or anyone wanting a little extra separation. Head upstairs to the heart of the home, where natural light fills the open-concept living and dining areas. Large windows frame beautiful ocean views, creating the perfect backdrop whether you're entertaining guests or simply enjoying a quiet evening at home. The spacious balcony extends your living space outdoors, while the kitchen offers abundant cabinetry, a walk-in pantry, and overlooks the main living areas, making it easy to stay connected while cooking and entertaining.
The entire third floor is dedicated to the primary suite, creating a true owner's retreat. Wake up each morning to incredible ocean views before stepping into your spacious ensuite featuring dual vanities, a soaking tub, walk-in shower, private water closet, and a generous walk-in closet. Just outside the primary suite, you'll find a versatile bonus space that's perfect for a home office, fitness area, nursery, reading nook, or whatever best fits your lifestyle. With vaulted ceilings and an entire floor dedicated to the owner's retreat, this level truly feels like your own private escape!
Thoughtfully maintained and updated, this home has been freshly painted inside and out and features a newer tile roof, multiple newer HVAC systems, updated electrical, hurricane shutters installed in 2019, a central vacuum system, a brand-new pool screen enclosure, new pool pump, and new sprinkler pump. The chlorine pool is also pre-plumbed for saltwater conversion if desired. There's even space to add an elevator, offering additional flexibility for long-term living.
Whether you're looking for a full-time residence or the perfect coastal getaway, this home combines the updates you want, the layout you'll love, and the ocean views you've been dreaming of--all just a short walk from the beach. Come see what makes Coquina Key so special!
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Cap Rate Calculator
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 13, 2026 | Price Decreased |
$762,500
↓ $13K
(1.6%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by MOMENTUM REALTY | $775,000 | |
| Listed by MOMENTUM REALTY | |||
| Aug 19, 2025 | Price Decreased |
$799,000
↓ $16K
(2%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$815,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$825,000
↓ $4K
(0.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017