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765 Azalea Lane
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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.
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 19, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Dale Sorensen Real Estate Inc. | $3,200,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Feb 25, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 26, 2026 | Listed by FlatFee.com Inc | $3,200,000 | |
| Listed by FlatFee.com Inc | |||
| | |||
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AZALEA COMMONS is an exclusive enclave of three new custom residences east of A1A, just steps to Ocean Drive. Luxury seaside living with exceptional craftsmanship, refined finishes, and a flexible floorplan featuring a first-floor primary suite and den. The second level lives like a private guest retreat with two en-suite bedrooms and a versatile living/media or fitness space. Palm Coast and Interiors by Jacqueline built and finished the homes for discerning buyers seeking timeless architecture, modern building codes, and lasting quality. A rare & remarkable offering-an absolute showstopper.
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| Dec 2, 2025 | No longer available | - | |
| No longer available | |||
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About Vero Beach
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Currently no similar homes aroundNearby Rentals
$2,900 /mo
- 3 Beds
- 3 Baths
- 1,614 ft²
$1,800 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017