54
Map
401 Miami Avenue
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$1,695,000
↓ $40K
(2.3%) | |
| Price Decreased | |||
| May 9, 2024 | Listed by Denovo Realty | $1,735,000 | |
| Listed by Denovo Realty | |||
| |||
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Nestled in the coveted SOFA district of Indialantic, Florida, this single-family sanctuary epitomizes coastal luxury. A mere stroll to the beach, this 5-bedroom haven boasts an optional 6th bedroom/home office, 4 full baths, and a convenient mudroom sprawled across 3849 sqft of living space on a generous 0.39-acre lot. Crafted in 2014 with sturdy block construction, it flaunts Hurricane Impact Windows and Doors, ensuring peace of mind during stormy seasons.
Elegance meets functionality with beamed cathedral ceilings adorned with brick detailing, welcoming you into a Chef's kitchen featuring Quartz countertops, a farmhouse sink, and top-of-the-line appliances including an induction cooktop and Bosch oven. The adjacent massive walk-in pantry and custom wet bar with copper sink and wine fridge cater to culinary enthusiasts and entertainers alike.
Entertainment extends outdoors to a heated saltwater pool and spa, enveloped by a lush landscape and extensive flagstone pool deck. A Chicago brick summer kitchen beckons al fresco dining, while an artificial turf backyard with a putting green offers year-round enjoyment.
Inside, hand-scraped walnut wood floors lead to bedrooms adorned with solid wood doors and custom barn doors, exuding warmth and character. Modern comforts abound with Samsung washer & dryer, tankless water heater, and Nest thermostats for optimal energy efficiency.
Enhanced by a CertainTeed Carriage House Luxury Architectural Shingle Roof, this home is a blend of timeless elegance and contemporary convenience, offering the quintessential Florida lifestyle with a touch of sophistication.
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| Feb 21, 2019 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
Listed On
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About Indialantic by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017