74
Map
872 Lilac Drive
About This Property
Fresh from a complete transformation, 872 Lilac Drive doesn't apologize for being different. The design is clean, modern, unapologetically bright. Light wood floors lead you through spaces that actually make sense - a kitchen that opens instead of closes you off, rooms that breathe, a fireplace wrapped in stone that commands attention without trying too hard.
The kitchen? White, crisp, built for someone who actually cooks. Or orders in. Either way, you'll look good doing it.
Step outside and the real magic happens. Your pool. Your dock. Your 180+ feet of water that most people only dream about. Boats glide by. Sunsets paint the sky. You're in a gated community, but it feels like your own private island.
Minutes to Mizner Park, Atlantic Avenue, Palm Beach, and everything that makes South Florida irresistible. The best restaurants, shopping, and beaches are your neighbors.
The renovations weren't subtle - new bathrooms with marble that matters, walk-in closets that actually fit your wardrobe, finishes that photograph well and live even better.
This isn't a house that begs for attention. It just quietly flexes with double waterfront access while everyone else is stuck with one view.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Price Decreased |
$4,500,000
↓ $300K
(6.3%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by One Sotheby's International Realty | $4,800,000 | |
| Listed by One Sotheby's International Realty | |||
| May 30, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Tropic Isle South
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 2 Beds
- 1 Bath
- 1,203 ft²
$6,900 /mo
- 3 Beds
- 2 Baths
- 1,552 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017