589 Coconut Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 21, 2025 | Price Decreased |
$605,000
↓ $45K
(6.9%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Increased |
$650,000
↑ $31K
(5%) | |
| Price Increased | |||
| Oct 1, 2025 | Price Decreased |
$618,900
↓ $100
(0%) | |
| Price Decreased | |||
| Sep 1, 2025 | Price Decreased |
$619,000
↓ $16K
(2.5%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed | $635,000 | |
| Listed | |||
| | |||
|
WALK TO THE BEACH + SELLER FINANCING AVAILABLE! Just a 5-minute stroll to the sand, 589 Coconut Street delivers the best of Satellite Beach living — updated, furnished, and ready for its next owner. This 4-bed, 2-bath retreat combines laid-back coastal charm with modern updates, making it an ideal full-time home, vacation getaway, or income-producing rental.
Move-in ready with peace of mind upgrades: 2019 roof, 2024 water heater, and brand-new 2025 A/C. The spacious backyard offers endless possibilities — host family gatherings, create your own tropical oasis, or add a pool for true resort-style living.
The home is being offered fully furnished (with an option to purchase unfurnished) — just bring your bags. And with owner financing available, you can skip the banks and secure your dream beachside property on terms that work for you.
Don't miss this rare opportunity to live steps from the ocean with flexibility you won't find anywhere else. Call today to schedule a showing.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Amherst Gardens
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 2 Beds
- 2 Baths
- 1,779 ft²
$2,800 /mo
- 3 Beds
- 2 Baths
- 1,601 ft²
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 981454
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017