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5166 Armina Place
About This Property
Built in 2021, this beautiful 4 bedroom, 2 bath residence offers 1,623 sq ft under air on a generous 7,818 sq ft lot in the desirable Waterstone community of Fort Pierce. Enjoy a bright open-concept layout that seamlessly connects the living, dining, and kitchen areas-perfect for modern living and entertaining. Modern finishes throughout, plus a spacious backyard ideal for outdoor relaxation.
Residents love the resort-style amenities, including a pool, clubhouse, sports courts, and walking trails, all just minutes from beaches, shopping, and dining. With a LOW HOA and low-maintenance design, this home is move-in ready-ideal for a primary residence, seasonal retreat, or investment property.
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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 10, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Price Decreased |
$309,000
↓ $11K
(3.4%) | |
| Price Decreased | |||
| Nov 30, 2025 | Price Decreased |
$320,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Nov 7, 2025 | Listed by Blue View Real Estate | $330,000 | |
| Listed by Blue View Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017