530 Old School Road
About This Property
The orientation of the home is facing south which offers sun filled rooms, a beautiful pool area and a 19X32 foot awninged terrace.
With 4 bedrooms and five full baths, it is a wonderful family home or perfect for visiting guests.
Entering through a lovely foyer to the living room, one can view the pool and canal. There is a formal dining room and den with fireplace and an over sized kitchen with room for a dining table.
This is Florida living at it's best!
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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 27, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Price Decreased |
$12,775,000
↓ $1M
(8.7%) | |
| Price Decreased | |||
| Jan 4, 2026 | Price Decreased |
$13,995,000
↓ $2M
(9.7%) | |
| Price Decreased | |||
| Oct 7, 2025 | Listed by The Corcoran Group | $15,495,000 | |
| Listed by The Corcoran Group | |||
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Perfectly positioned in the heart of Gulf Stream, this exceptional residence, designed by renowned architect Richard Jones and recently completed by Marc Julien Homes, sits on a deep, beautifully proportioned lot along a wide deep-water canal, just moments from the beach and the Gulf Stream School. Encompassing 5,103± total square feet, this masterfully designed estate offers six bedrooms and six-and-one-half baths. Defined by timeless coastal living and light-filled interiors, the home features a gracious great room with gas fireplace and wet bar, and floor-to-ceiling glass doors that open to panoramic water views creating a seamless connection between indoor and outdoor living. The main level also includes a tranquil primary suite with spa-inspired bath and custom closets, a private office/bedroom with full bath, and a flexible guest suite. At the heart of the home, the kitchen is both beautiful and functional, with bespoke cabinetry from floor to ceiling, a custom island, quartz countertops, and a fully equipped pantry with commercial grade refrigeration. The large custom breakfast nook serves as an inviting gathering space overlooking the water. Upstairs, three additional guest suites and a versatile loft offer privacy and comfort for family and friends. Outdoors, a spacious loggia with summer kitchen, saltwater pool and spa, fire pit, and a private dock with boat lift are perfectly oriented to capture serene canal views. Additional highlights include a whole-house generator and two-car + golf cart garage. 530 Old School Road embodies the best of Gulf Stream livingarchitectural integrity, deep-water access, and an enviable location close to sandy beaches, fine dining, and the boutique charm of Delray's Atlantic Avenue. Your favorite part of going out will be coming home.
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About Polo Fields
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017