4511 BIMINI DRIVE
About This Property
Extensively renovated and elevated since 2023, this exceptional residence features a dramatic great room, beautifully redesigned kitchen with custom cabinetry and GE Profile appliances, impeccably updated baths, and luxury vinyl plank flooring throughout the main living areas and bedrooms. The primary suite has been thoughtfully reconfigured, while the laundry room combines exceptional functionality with elevated design, featuring floor-to-ceiling cabinetry and a beautifully appointed space. An appealing floorplan creates an ideal setting for entertaining, with a separate guest room featuring panoramic east-facing windows and abundant custom storage throughout. With furnishings negotiable, there is an opportunity to move right in and immediately enjoy the coastal Florida lifestyle.
The extensive improvements extend well beyond the finishes, including a new 3.5-ton Trane HVAC system, enhanced attic insulation, professionally cleaned ductwork, upgraded 200-amp electrical service with surge protection, and an upgraded pool pump and motor.
The outdoor spaces have been equally thoughtfully curated to embrace the quintessential Florida lifestyle. A new pool enclosure with bronze framing and panoramic screening creates expansive, unobstructed views of the water while surrounding the private pool with generous space for entertaining. A covered gazebo with built-in bar provides an exceptional setting for al fresco gatherings, while a tranquil waterfront retreat near the dock offers the perfect place to unwind and take in the view. Whether enjoying a quiet morning overlooking the canal or heading out for a day on the water, the setting makes every day feel like a getaway.
More than a beautifully renovated home, this is a thoughtfully curated coastal sanctuary where elevated interiors, exceptional outdoor spaces and genuine waterfront living come together seamlessly. With substantial improvements already completed and a flexible third room offering the opportunity for a true three-bedroom configuration, this residence presents a rare combination of luxury, versatility and the very best of Florida waterfront living. Here, boating, entertaining and relaxed waterfront living become part of everyday life.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$1,249,000
↓ $26K
(2%) | |
| Price Decreased | |||
| Sep 14, 2026 | Listed by MARCUS & COMPANY REALTY | $1,275,000 | |
| Listed by MARCUS & COMPANY REALTY | |||
| May 2, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | Listed by MARCUS & COMPANY REALTY | $950,000 | |
| Listed by MARCUS & COMPANY REALTY | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017