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3939 PALM Way
About This Property
SELLER REQUESTS NO SHOWINGS UNTIL SATURDAY FEBRUARY 5th. OPEN HOUSE Sunday Feb.6th 11:00-1:00.
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by ENGEL & VOLKERS FIRST COAST | $1,100,000 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
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Welcome to 3939 Palm Way, a charming coastal retreat in a sought after neighborhood with no HOA. This 4 bedroom 2.5 bath open concept home has great natural light light. White cabinets in the kitchen, stainless steel appliances and quartz countertops, with large island is an entertainers dream. Primary bedroom is downstairs, with addition 3 bedrooms up. Step out your side porch to a resort style back yard, with a salt water pool, putting green, out door kitchen and lush landscaping. The additional detached living space has endless possibilities. This house offers the ultimate beach lifestyle, close to JTB shopping, restaurants and a quick bike ride to the beach. This is a house you will not want to leave. New A/C 7/1/2025 Please see document tab for updates. Big Green Egg and refrigerator in garage do not convey. The garage is air conditioned and is an additional 264 sq ft.
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| Apr 25, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $875,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017