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Map
85 S CIMMARON DRIVE
About This Property
Welcome to paradise! Built in 2024 by Seagate Homes, this stunning 1,901 sq. ft. coastal retreat offers the ultimate Florida lifestyle with scenic water views and direct canal access right from your backyard.
Featuring a bright, open floor plan, this thoughtfully designed home includes 2 spacious bedrooms plus a versatile flex room-perfect for a home office, den, or extra guest space. Step outside and immerse yourself in the salt life: launch your jet skis, paddleboards, or kayaks right into the canal for effortless access to the Intracoastal Waterway (ICW). Spend your evenings soaking in breathtaking sunsets and watching dolphins play from your own private waterfront haven. Dock measurements are approximate. The city of Palm Coast is updating water lines and swail. New Sod will be laid down.
Modern construction, unbeatable location, and direct water access at an amazing value-this gem won't last long! Schedule your private showing today and start living the dream!
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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 9, 2026 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $589,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Aug 15, 2020 | No longer available | - | |
| No longer available | |||
| May 14, 2020 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $94,900 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| Mar 11, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017