12
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4310 Highway 1
About This Property
Across US 1, the waterfront portion offers the potential for your own private dock, with convenient boating access to the Intracoastal Waterway and Sebastian Inlet. The seller has already completed a transferable seagrass survey identifying no seagrasses in the proposed dock area, an important step in the dock permitting process.
Whether your plans include a custom residence, a business venture, or a combination of personal and income-producing uses, this unique property offers exciting possibilities in a location that embraces Florida's coastal lifestyle. All proposed uses and dock construction are subject to applicable zoning and permitting approvals.
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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 |
|---|---|---|---|
| Nov 11, 2026 | Listed by Engel & Volkers Melbourne | $439,982 | |
| Listed by Engel & Volkers Melbourne | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017