15
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570 SPRINGDALE DRIVE
About This Property
Surrounded by preserved coastal landscape and abundant wildlife, the setting offers both privacy and an authentic Old Florida feel while remaining remarkably convenient. Located between the Atlantic Ocean and the Intracoastal Waterway, the property places boating, fishing, and the beach all within moments of your future front door.
With generous acreage, waterfront frontage, and a premier cul-de-sac location, the possibilities here are wide open-whether envisioning a private coastal retreat, a thoughtfully designed estate, or a one-of-a-kind waterfront residence tailored to the setting.
A rare offering where location, scale, and waterfront access come together to create the ideal canvas for your dream home.
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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 25, 2026 | Price Decreased |
$369,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Mar 10, 2026 | Listed by COASTAL GATEWAY REAL ESTATE GR | $375,000 | |
| Listed by COASTAL GATEWAY REAL ESTATE GR | |||
| Nov 2, 2024 | Price Decreased |
$360,500
↓ $9K
(2.5%) | |
| Price Decreased | |||
| Mar 9, 2024 | Listed | $369,900 | |
| Listed | |||
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Magnificent lot located in Cedar Island- an exquisite private community in Flagler beach and truly one of a kind nature lovers waterfront
paradise. The lot features 136ft of canal water frontage with quick access to the intracoastal waterway where you may build your dream home, walkway and private dock along your backyard so you may start living your own waterfront paradise island dream. Cedar Island is a community of 32 homesites that offers underground utilities, city water and sewer. Conveniently located close to many great local restaurants and shops. Do not miss this opportunity and enjoy quaint town of Flagler Beach and the best coastal living it has to offer.
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| Feb 26, 2022 | Listed by Venture Development Realty, Inc | $375,000 | |
| Listed by Venture Development Realty, Inc | |||
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Premium CANAL front lot just blocks from the Atlantic Ocean! Over 1.25 acres to build your dream home and quick ride to the Intracoastal waterway. Located in Cedar Island community with underground utilities and premium homes. All in Flagler Beach with lots of local restaurants, shops, and beautiful beaches! 136 feet of waterfront living and right around the corner to ICW. Plans available to get the process started! Premium living in this private, waterfront community in the gem of Flagler Beach!
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About Flagler Beach
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COASTAL GATEWAY REAL ESTATE GR
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# FC316811
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