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512 Latania Palm Drive
About This Property
Beautiful concrete block, pool home on spectacularly landscaped over-sized lot just short walk to beach, ocean, river, shops & restaurants! Potential 4th bedroom or office (dining rm currently used as office). Great updates & features include: updated master bath, huge master walk-in closet, recessed lighting thru-out, solar tubes, entire house re-plumbed in 2015, new roof & hot water heater in 2011, new a/c in 2007, gorgeous stone fireplace, open floor plan w/split bedrooms. Trussed/covered lanai overlooks sparkling pool & extremely private, landscaped, huge yard. Great Indialantic schools & location. Oversized garage. RV/boat parking on both sides of home! This is the beach home, exuding warmth and charm, that you've been waiting for. Workshop/shed with electric built to match home!'||chr(10)||''||chr(10)||'
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Compass Florida LLC | $775,000 | |
| Listed by Compass Florida LLC | |||
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Experience coastal living in the coveted River Shores East community with this stunning 3-bedroom, 2-bath beachside retreat. Offering 2,052 sq ft of thoughtfully designed living space, this home features luxurious LVP flooring throughout and two distinct living areas, including a family room overlooking a sparkling saltwater pool. The cozy wood-burning fireplace adds charm, while the renovated kitchen boasts stainless-steel appliances for effortless meal prep. hurricane Impact-rated windows & French doors plus a 2019 roof provide peace of mind with a touch of elegance. Outdoor living is a dream with an oversized covered lanai featuring a summer kitchen, perfect for al fresco dining & entertaining under the stars. The private saltwater pool creates a serene oasis to unwind. A community path provides quick access to the beach at Coconut Drive, while proximity to causeways, shops, & restaurants ensures convenience. Embrace a lifestyle of luxury & leisure in this exceptional home.
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| Mar 4, 2016 | Sold | ||
| Sold | |||
| Jan 18, 2016 | Listed by Britton Group, Inc. | $385,000 | |
| Listed by Britton Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017