5 PALM DRIVE
About This Property
The gourmet kitchen features custom cabinetry throughout, stainless steel appliances, and a dark granite countertop that adds a sophisticated touch. The bathrooms also boast beautiful custom cabinetry for a cohesive, luxury feel.
Enjoy a spacious screened-in back porch perfect for entertaining, complete with an outdoor kitchen, fireplace, and ample seating space. The home includes two fireplaces, a whole-house central vacuum system, a full-house generator, and a beautiful elevator for convenience.
Below the home sits an expansive 2,000 sq. ft. garage and entertainment area, offering endless flexibility for storage, hobbies, gatherings, or additional recreational space. An RV hookup with 30-amp service provides added convenience.
Outdoor enthusiasts will love the outdoor dock area, giving you multiple options for parking boats, plus a fish-cleaning station-perfect for preparing the day's catch. With quick, easy access to the Gulf, you'll enjoy world-class fishing, manatees, dolphins, and the peaceful beauty of life on the Withlacoochee River. Located in the quaint town of Yankeetown, a serene getaway where people come to relax and embrace Florida's natural charm.
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Price Decreased |
$750,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Jan 19, 2026 | Listed by Coastal Properties Group International LLC | $800,000 | |
| Listed by Coastal Properties Group International LLC | |||
| | |||
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Welcome to your piece of paradise! This beautifully maintained 3-bedroom, 2.5-bath elevated home sits on a deep-water canal along the
Withlacoochee River, offering quick easy access to the Gulf of Mexico. This stunning residence welcomes you with a double glass entryway and a grand
staircase leading to the charming front porch. Inside, you’ll find 20-foot ceilings, travertine tile floors, and solid hickory wood flooring that
complement the home’s warm, elevated design. The gourmet kitchen features custom cabinetry throughout, stainless steel appliances, and a
dark granite countertop that adds a sophisticated touch. The bathrooms also boast beautiful custom cabinetry for a cohesive, luxury feel. Enjoy a
spacious screened-in back porch perfect for entertaining, complete with an outdoor kitchen, fireplace, and ample seating space. The home
includes two fireplaces, a whole-house central vacuum system, a full-house generator, and a beautiful elevator for convenience. Below the home
sits an expansive 2,000 sq. ft. garage and entertainment area, offering endless flexibility for storage, hobbies, gatherings, or additional
recreational space. An RV hookup with 30-amp service provides added convenience. Outdoor enthusiasts will love the outdoor dock area, giving
you multiple options for parking boats, plus a fish-cleaning station—perfect for preparing the day’s catch. With quick, easy access to the Gulf,
you’ll enjoy world-class fishing, manatees, dolphins, and the peaceful beauty of life on the Withlacoochee River. Located in the quaint town of
Yankeetown, a serene getaway where people come to relax and embrace Florida’s natural charm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017