3819 N 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%.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Illustrated Properties LLC (Jupiter) | $3,300,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
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Steps from Singer Island's gorgeous beaches, this waterfront gem offers wide canal and Intracoastal views, 90+ feet of deep-water frontage, and no fixed bridges, ideal for boaters. The 3BR/3BA/2 Car Garage home features 14'6'' vaulted ceilings, travertine marble floors, custom cabinetry, and a chef's kitchen with granite countertops, stainless appliances, and a copper range hood. Enjoy water views from nearly every room, a heated pool, 64' dock, 14k lb lift, and a large covered patio with cabana bath. Located across from Ocean Reef State Park and minutes to Peanut Island, Palm Beach Inlet, upscale shopping and fine dining. Live the best of coastal Florida in total privacy and comfort. Concrete Tile Roof 2014, Newer AC's, Recent $30k in dock & seawall maintenance done. Low HOA! Direct access to the Intracoastal Waterway and ocean within minutes. No fixed bridges. This home has a great foundation for you to make it your own. Making it a perfect Vacation home or full time residence.
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Illustrated Properties | $2,150,000 | |
| Listed by Illustrated Properties | |||
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About Palm Beach Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017