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6440 SE Harbor Circle
About This Property
Located on the southern tip of Hutchinson Island, Sailfish Point is a world unto itself, and offers a unique blend of privacy and world-class amenities:
Golf: Home to a Jack Nicklaus Signature golf course, consistently ranked among Florida's top residential courses.
Marina: A full-service marina with direct ocean access, accommodating vessels up to 125 feet.
Clubhouse: A 60,000 sq ft beachfront clubhouse featuring dining options, a fitness center, spa, and tennis courts.
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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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | Listed by Douglas Elliman | $11,900,000 | |
| Listed by Douglas Elliman | |||
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One of the most expansive Waterfront Estate’s in Stuart’s most sough after address. This waterfront estate is located on a secluded barrier island, nestled in the prestigious Sailfish Point Country Club. Surrounded by the turquoise waters of the Atlantic Ocean and Indian River, this nearly 9,000 sq. ft. masterpiece redefines luxury. Completed in Fall 2023, this home has been honored with Florida Design Magazine’s Seaglass Awards in five categories, showcasing superior craftsmanship and attention to detail. The home’s 270 feet of pristine waterfront and a state-of-the-art 80-foot dock cater to the most discerning yachtsman, offering direct access to the ocean’s endless horizons. Imagine hosting family and guests on expansive terraces overlooking the shimmering tides, your guests arriving by yacht at the private 80-foot deep-water dock.
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| May 7, 2025 | In contract | - | |
| In contract | |||
| Mar 30, 2025 | Price Decreased |
$11,900,000
↓ $900K
(7%) | |
| Price Decreased | |||
| Feb 22, 2025 | Price Increased |
$12,800,000
↑ $900K
(7.6%) | |
| Price Increased | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017