718 Shore Drive
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Dec 22, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Listed by Block Realty | $1,900,000 | |
| Listed by Block Realty | |||
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Welcome to a true boater's paradise!! A rarity in South Florida, this property offers the exceptional ability to dock up to four boats, making it an unmatched haven for the avid mariner. This updated waterfront pool residence perfectly positioned along the expansive 187'+ wide Boynton Beach Spillway Canal. This amazing home features 2 bedrooms plus a versatile den that seamlessly transforms into a 3rd bedroom or home office, two updated bathrooms and a gracious living area. The expansive screened-in patio creates an effortless flow between indoor comfort and outdoor living. Step outside to your private oasis, where a sparkling pool invites year-round enjoyment. With no HOA, you'll relish the freedom to truly live the coastal lifestyle without restriction. Seconds from the Boynton Inlet and boasting no fixed bridges, this residence offers unmatched, direct ocean accessplacing world-class fishing, boating, and waterfront leisure right at your doorstep.
All of this, ideally situated near premier shopping, dining, major highways, airports, and places of worship. A rare opportunity to own a waterfront jewel that blends luxury, lifestyle, and location in perfect harmony. Just 20 minutes to downtown West Palm Beach, 15 minutes to downtown Delray Beach and 28 minutes from Mizner, this location can't be beat!
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| Dec 7, 2021 | Sold | ||
| Sold | |||
| Nov 2, 2021 | Listed by ACM Real Estate | $1,100,000 | |
| Listed by ACM Real Estate | |||
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About Coquina Cove
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$10,000 /mo
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$7,500 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017