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57 12th Street
About This Property
57 12th Street Shalimar Fla. The Ultimate Turn-Key Property in Shalimar! Move-In Ready 3/2 House + Bonus Studio | 1,886 Sq Ft | Oversized 1-Car Garage Welcome to 57 12th Street, a fully reimagined and 100% updated property located in the highly desirable Shalimar area! This unique home features a spacious 3-bedroom, 2-bathroom main house plus an independent studio, offering a total of 1,886 square feet of pristine living space. Perfect for multi-generational living, a home office, or guest quarters! No detail was spared in this top-to-bottom renovation. Enjoy total peace of mind with major structural upgrades and high-end finishes throughout: Brand New Roof for years of worry-free ownership. Full House Rewire up to current electrical standards.2 New AC Units ensuring efficient, zoned climate control. Stunning New Kitchen featuring modern finishes and layout. Fully Remodeled Bathrooms with contemporary fixtures. Fresh Flooring flowing seamlessly through the entire property. New Textured Ceilings replacing dated finishes. Upgraded Doors & Trim for a clean, sharp look. New Modern Fans & Designer Lighting in every room. Fresh Interior & Exterior Paint giving it incredible curb appeal. Oversized 1-Car Garage providing extra storage or workshop space. There are simply too many details to list them all--you must see this masterpiece in person.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | Price Increased |
$418,900
↑ $23K
(5.8%) | |
| Price Increased | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Aug 16, 2026 | Relisted | $395,900 | |
| Relisted | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017