7271 NE 8th Drive
About This Property
(Offered Unfurnished- Designer furniture may be purchased separately).
Additional features include: 85+/- foot of Prime Protected Yacht Dockage on a large turn basin at the intersection of 2 wide deepwater canals just West of the ICW. No fixed bridges north to Intracoastal waterway.
New contemporary designer Gourmet Kitchen with high-end appliances, Gas stove with 5 burners, Quartz countertops. Large island with bar-chairs.
Butler's Pantry has wine cooler/wine collection display.
Summer Kitchen with Alfresco Gas Grill with commercial exhaust vent.
Outdoor shower.
Lush and manicured grounds.
Designer decor brings a Modern Feel to this Elegant Master Architecture.
The Master Suite Quarters are spacious and feels like an inviting Spa Retreat with it's own living room and access to custom Gym and Steam Room all opening to Sundeck. The Master Bath has a Jacuzzi Soaking Tub and a separate shower as well as access to an outdoor balcony.
3 Bay garage has capacity for three car lifts expanding garage capacity to six vehicles.
Dock has water and power.
Single floating dock for wave runner.
Propane gas services kitchen, fireplaces and barbeque grill.
See listing office for additional details.
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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 |
|---|---|---|---|
| May 8, 2019 | Sold | ||
| Sold | |||
| Dec 23, 2018 | Listed by One Sotheby's International Realty | $2,999,995 | |
| Listed by One Sotheby's International Realty | |||
| Jul 30, 2017 | Listed | $3,999,900 | |
| Listed | |||
| | |||
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Secluded Northeast 8th Drive Waterfront Home boasting 90+/- feet of yacht dockage on wide canal with large turn basin. This residence enjoys a prestigious location in the seclusion of Boca Harbour Island. Close to the amenities of world renowned Boca Raton and Mizner Park it still offers the tranquility of a small island community. Open outdoor areas surrounding the spacious loggia inspire afternoon serenity whether it's relaxing alone by the pool or entertaining by the custom outdoor kitchen. Elegant stone terraces accented by lush landscaping whisk you away from reality while enjoying lovely afternoon breezes that cascade over the deepwater dockage. Once inside you are greeted by Saturnia marble floors, graceful archways, and stately columns which accentuate light-filled rooms thatThe manager has listed the unit size as 6024 square feet.
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| Dec 1, 2009 | Sold | ||
| Sold | |||
Property Highlights
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About Boca Harbour Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017