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4261 NE 24th Avenue
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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 28, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Listed by Compass Florida LLC | $2,999,918 | |
| Listed by Compass Florida LLC | |||
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Introducing 4261 NE 24th Avenue, a stunning modern waterfront home in the heart of Lighthouse Point's Venetian Isles' enclave. This meticulously renovated 3,190-square-foot residence offers the perfect blend of luxury and coastal living. Inside you'll discover an exquisite interior featuring a custom kitchen fit for a chef, separate bar area and working fireplace. Modern appointments can be found throughout the first floor of the residence, which comes fully furnished and ready for you to move in.
The primary suite is a true retreat with views of the pool and waterfront from your private balcony. The primary ensuite bathroom features a soaking tub, separate shower, and a dedicated space for relaxation. Each additional bedroom is designed with comfort and style in mind. The exterior spaces are where this property truly shines, with a pristine pool and barbecue overlooking your dock. The 20,000lb boatlift, installed in 2023, will ensure your boat is ready to go for those weekends out on the intracoastal and the home's location at the north-end of the peninsula will have you there in no time. And of course, we can't forget every boater's favorite three words: no fixed bridges!
Don't miss the opportunity to own this exceptional property that epitomizes modern luxury living.
Key Renovation Dates: Plumbing (not sleeve) (2024); Kitchen (2024); Floors (2024); Fireplace (2024); Cabana bath (2024); dock and boat lift (2023); Stucco/Paid (2023); Roof (2019).
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| Oct 10, 2016 | Sold | ||
| Sold | |||
| May 26, 2016 | Listed by Stellar Homes Realty, LLC | $1,297,400 | |
| Listed by Stellar Homes Realty, LLC | |||
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017