4321 Breakwater Drive
About This Property
Survey and other information are located under the documents tab.
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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 |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Destin Real Estate Group of NWF LLC | $2,550,000 | |
| Listed by Destin Real Estate Group of NWF LLC | |||
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | Listed by Somers & Company | $1,995,000 | |
| Listed by Somers & Company | |||
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Premier estate-sized lot, +/-2.6 acres with 220 feet fronting Choctawhatchee Bay in Kelly Plantation, one of Destin, Florida's most impressive gated, master-planned, country club communities! Further increasing the desirability of this opportunity is the exclusive neighborhood within Kelly Plantation where this homesite is located, known as Waterford. Enjoy the exceptional water views and build your magnificent bay-front estate! There are only 17 homesites behind this double-gated neighborhood; only six of which offer deep-water navigability.
Survey and other information are located under the documents tab.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017