22
Map
400 Oak Ridge Drive
About This Property
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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 |
|---|---|---|---|
| Jan 26, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Oct 27, 2025 | Listed by 1 Percent Lists FL's Finest | $729,000 | |
| Listed by 1 Percent Lists FL's Finest | |||
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Welcome to this Indialantic coastal beauty just one block from beach access! This tropical oasis offers 4 bedrooms, 3 baths, and a versatile layout perfect for multi-generational living or income-producing potential with a private guest suite featuring a full updated kitchen and bath. Enjoy the heated saltwater pool (4 years new), full privacy fencing, and space for boat or RV parking with an additional driveway and double-wide gate. Recent updates include a 2019 roof, newer windows with aluminum shutters, hurricane-rated garage door, new A/C (2023), mini split in guest suite (2024), new marble 3rd bath (2023), fresh interior and exterior paint, and refinished terrazzo bedroom floors. Outdoor highlights include beautiful pavers, evergreen turf, an outdoor shower with privacy enclosure, and a large screened patio ideal for entertaining. No HOA—walk to the beach, enjoy total privacy, and live the coastal lifestyle you've been dreaming of! Indialantic Elementary & Hoover Middle 2 Blocks
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| Dec 11, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017