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69 Armadillo Way
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Price Increased |
$2,000,000
↑ $500K
(33.3%) | |
| Price Increased | |||
| May 20, 2025 | Listed by Provident Realty of South Florida Inc. | $1,500,000 | |
| Listed by Provident Realty of South Florida Inc. | |||
| Aug 29, 2024 | Listed by Provident Realty of South Florida Inc. | $1,500,000 | |
| Listed by Provident Realty of South Florida Inc. | |||
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Vacant land. Incredible 5.04-acre waterfront property featuring approx. 3.04 acres of upland and a 2.00-acre private road easement. Fully fenced and gated, with 600 feet of water frontage on the C-51 Canal, a navigable waterway maintained by the U.S. Army Corps of Engineers. Riparian rights included, allowing the opportunity to build a private dock and keep your boat in your backyard. The deeded 60-ft private road offers rare privacy and control. Ideal for adding a gated entrance. No HOA. Located near Southern Blvd and the Turnpike, just 15 mins to PBI Airport. Sail to Lake Osborne. A truly one-of-a-kind, build-ready site in a rapidly developing area. Survey can be found under ''documents''.
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| Feb 14, 2005 | Sold | ||
| Sold | |||
| Oct 12, 1994 | Sold | ||
| Sold | |||
Property Highlights
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017