7220 N Highway 1 #203
About This Property
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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 |
|---|---|---|---|
| Jun 17, 2025 | Price Decreased |
$199,000
↓ $26K
(11.6%) | |
| Price Decreased | |||
| Apr 29, 2025 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Experience the ultimate in Florida living with this well maintained 2-bedroom, 2-bathroom condo offering direct river views and front-row seats to rocket launches from your private balcony. Nestled in a serene and well-kept community, you'll enjoy access to premium amenities including a sparkling pool, tennis courts, and a private fishing pier—perfect for relaxing or entertaining.
Inside, the condo boasts spacious closets, ample storage, and an open layout that maximizes natural light and scenic water views. Whether you're looking for a full-time residence, a winter getaway, or an investment property, this condo delivers location, lifestyle, and comfort. Don't miss the chance to own this rare riverfront gem!
All major maintenance items have recently been taken care of to include, roof, siding, seawall, and parking lot paving. HOA fees include 2 of your major utilities - water and internet!
| |||
| Oct 1, 2012 | Sold | ||
| Sold | |||
| Aug 13, 2012 | Listed by LaRocque & Co., Realtors | $59,900 | |
| Listed by LaRocque & Co., Realtors | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/12/2023
|
3 Bed
|
2 Bath
|
-
|
$299,000
3 Bed
2 Bath
|
$295,000
-1.34%
12/18/2023
|
Joshua John
LoKation
| |
|
09/28/2021
|
2 Bed
|
2 Bath
|
1002 ft²
|
$259,000
2 Bed
2 Bath
1002 ft²
|
-
-
|
Natalie Kae Decker
Keller Williams Realty Brevard
| |
|
03/24/2020
|
2 Bed
|
2 Bath
|
-
|
$167,900
2 Bed
2 Bath
|
$166,500
-0.83%
04/23/2020
|
Aida Teague
Keller Williams - Melbourne
| |
|
02/28/2019
|
3 Bed
|
2 Bath
|
-
|
$155,000
3 Bed
2 Bath
|
$155,000
02/28/2019
|
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
| |
|
10/18/2017
|
2 Bed
|
2 Bath
|
-
|
$143,000
2 Bed
2 Bath
|
$135,000
-5.59%
12/08/2017
|
Dawn Haynes
Coldwell Banker Coast Realty
| |
|
07/17/2017
|
3 Bed
|
2 Bath
|
-
|
$134,900
3 Bed
2 Bath
|
$137,043
+1.59%
08/30/2017
|
Carolyn Schumann
Carnu Realty LLC
| |
|
04/18/2016
|
3 Bed
|
2 Bath
|
-
|
$115,900
3 Bed
2 Bath
|
$112,000
-3.36%
05/31/2016
|
Alice Desiongco
Coldwell Banker Coast Realty
| |
|
04/13/2015
|
2 Bed
|
2 Bath
|
-
|
$97,900
2 Bed
2 Bath
|
$96,000
-1.94%
09/16/2015
|
Wayne Deck
Perrone Realty, LLC
| |
|
06/05/2014
|
3 Bed
|
2 Bath
|
-
|
$124,900
3 Bed
2 Bath
|
$118,000
-5.52%
12/12/2014
|
Lisa New Landen
CENTURY 21 Paradise Palm
| |
|
05/01/2014
|
2 Bed
|
2 Bath
|
-
|
$79,900
2 Bed
2 Bath
|
$71,000
-11.14%
07/17/2014
|
Justin K Brown
RE/MAX Elite
| |
|
08/15/2012
|
3 Bed
|
3 Bath
|
-
|
$87,500
3 Bed
3 Bath
|
$77,500
-11.43%
12/28/2012
|
Andrea Simon
Coldwell Banker Realty
| |
|
08/13/2012
|
2 Bed
|
2 Bath
|
-
|
$59,900
2 Bed
2 Bath
|
$59,900
10/01/2012
|
B.J. Johnston
LaRocque & Co., Realtors
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017