80
Map
751 Oak Ridge Drive
About This Property
Originally taken down to the core and reimagined in 2020, only portions of the original exterior walls remain. The renovation introduced all new trusses, plumbing, electrical, HVAC systems, and ductwork, along with reinforced concrete enhancements, creating a home that lives like new construction. Impact-rated windows and doors and an aluminum roof add long-term durability.
The interior is open and light-filled, with a seamless flow between living spaces and the outdoors. The kitchen features custom cabinetry, marble inlay backsplash, and thoughtfully designed storage, while the living area is anchored by a shiplap feature wall and fireplace. The primary suite offers a custom walk-in closet and a beautifully finished bath with a soaking tub.
Outside, the property is designed for both entertaining and everyday living. A heated saltwater pool, outdoor kitchen, fire features, and covered lounge space overlook the river. The dock, complete with composite decking and a 10,000 lb lift, provides immediate access to the water.
Set in the heart of Indialantic, this location places you just minutes from the beach, local parks, and the everyday conveniences that make barrier island living so sought after.
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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 1, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by One Sotheby's International | $1,900,000 | |
| Listed by One Sotheby's International | |||
| Nov 20, 2019 | Sold | ||
| Sold | |||
| Apr 18, 2019 | Listed by One Sotheby's International | $850,000 | |
| Listed by One Sotheby's International | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017