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73 WATERS DRIVE
About This Property
Inside, you'll find 4 spacious bedrooms, 2 full bathrooms, and a bonus climate-controlled workshop located just off the garage-perfect for a hobby room, workshop, additional storage, or flexible workspace. The custom kitchen features high-end cabinetry, generous storage, and plenty of space for entertaining.
Step outside to the expansive screened lanai, complete with a large covered area where you can relax, entertain, and enjoy peaceful views of the freshwater canal. The backyard leads to your private dock, giving you direct access to the canal and creating the perfect setting for fishing, kayaking, or simply enjoying the Florida lifestyle.
Additional features include a circular driveway, distinctive custom-home character, and a floor plan offering tremendous potential for its next owner.
PRICED BELOW MARKET VALUE FOR A QUICK SALE! Opportunities like this are hard to find-especially for a custom-built waterfront home in Palm Coast. Schedule your private showing today before this one is gone!
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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 |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Price Decreased |
$399,899
↓ $1
(0%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by REALTY EXCHANGE, LLC | $399,900 | |
| Listed by REALTY EXCHANGE, LLC | |||
| Nov 22, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017