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500 S RIVERSIDE DRIVE
About This Property
Inside, you'll find a bright, open layout featuring updated flooring and a spacious kitchen with white cabinetry, stainless steel appliances, a large center island, and plenty of room for entertaining. Large windows and sliding glass doors bring in tons of natural light while capturing beautiful water views.
Outside is where this property really stands out. Relax on the covered patio or head upstairs to the expansive rooftop deck and take in the views. For those who love being on the water, this location is a boater's dream, with great fishing and easy access to everything the surrounding waterways have to offer.
Major improvements include a roof, HVAC system, and hot water heater all approximately 4 years old, offering added peace of mind.
Whether you're looking for a full-time residence or a Florida getaway close to New Smyrna Beach, 500 S Riverside Drive offers the location, views, and lifestyle you've been looking for. Schedule your private showing today!
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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 |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by KELLER WILLIAMS RLTY FL. PARTN | $874,000 | |
| Listed by KELLER WILLIAMS RLTY FL. PARTN | |||
| Aug 19, 2026 | Price Decreased |
$874,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$898,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$949,000
↓ $46K
(4.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017