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4110 NE 30th Ave
About This Property
Discover an extraordinary opportunity to create your ultimate coastal sanctuary in the heart of prestigious Lighthouse Point. This rare waterfront parcel sits steps away from the exclusive Lighthouse Point Yacht Club, offering unparalleled Intercoastal Waterway frontage on a deep, wide canal with no fixed bridges - providing direct ocean access.
Everything is ready for you to build immediately:
> Fully approved luxury home plans created by a highly sought-after architect known for exceptional waterfront estates. The design is a stunning 5,350 SF, two-story residence with elevator, featuring premium structural, mechanical, and landscape designs.
> Move-in ready in just 15 months from groundbreaking.
> Significant construction already completed:
- Elevated concrete slab above original grade for superior flood protection.
- Brand-new 80-foot concrete dock with pilings elevated 5 feet, complete with plumbing and electrical - perfect for a lift for your boat / jet skiis.
- Maintenance-free seawall for long-term waterfront security and easy upkeep.
Imagine waking up to sparkling water views, stepping onto your private dock, and enjoying world-class boating right from your backyard. This is coastal Florida living at its absolute finest. Don't miss this chance to own one of Lighthouse Point's most desirable waterfront locations. Schedule your private viewing of the land and plans today. Your dream waterfront home awaits!
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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.
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017