7507 MAKO DRIVE
About This Property
Exterior marine upgrades boast a newly capped seawall, a newer wooden floating dock, a heavy-duty boat lift, and additional davits. Inside, the home looks and feels like a brand-new build. The entire interior features sleek laminate flooring, professionally replaced brand-new drywall, new double-pane impact windows, a new impact slider, and all-new interior and exterior doors.
The breathtaking open-concept floor plan features a spectacular kitchen outfitted with extensive cabinetry, quartz countertops, brand-new stainless steel appliances, and an oversized kitchen island/breakfast bar with a built-in phone charger designed for effortless entertaining. Cozy up by the decorative recessed, wall-mounted fireplace in the main living space, or step through your brand-new sliders across the lanai to your private waterfront yard.
Premium mechanical upgrades include a newer roof, brand-new A/C system, brand-new tankless water heater, all-new electrical switches/outlets, and remote-controlled ceiling fans throughout. Both bathrooms have been completely transformed with sleek new vanities, new water closets, and custom-tiled walk-in showers with high-end fixtures.
Schedule your private tour today and start living the Florida waterfront dream tomorrow!
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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 |
|---|---|---|---|
| Oct 19, 2026 | Listed by SOUTHERN COAST TO COUNTRY RLTY | $465,000 | |
| Listed by SOUTHERN COAST TO COUNTRY RLTY | |||
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$233,900
↓ $6K
(2.3%) | |
| Price Decreased | |||
| Oct 5, 2025 | Relisted | $239,500 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017