55
Map
908 N Atlantic Drive
About This Property
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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 26, 2026 | Price Decreased |
$9,895,000
↓ $600K
(5.7%) | |
| Price Decreased | |||
| May 31, 2026 | Listed by Douglas Elliman | $10,495,000 | |
| Listed by Douglas Elliman | |||
| Aug 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 16, 2023 | Listed by Douglas Elliman Florida LLC | $3,850,000 | |
| Listed by Douglas Elliman Florida LLC | |||
| | |||
|
Rare opportunity to purchase spectacular waterfront property on South Palm Beach's coveted Hypoluxo Island. Secluded lagoon views and quick ocean access. Lot is cleared and measures 77 x 163 sq. ft. This parcel offers 77' of water frontage and a BRAND NEW dock and concrete/steel seawall. There are architectural plans available for home to build. Soil analysis reports available upon request. Situated on an almost private lane just minutes from shops, fine dining, the Eau Resort and Beach Club, and just 20 minutes from luxurious Worth Avenue, Palm Beach International Airport, and Delray Beach. 908 N Atlantic Dr. provides endless opportunities to build your South Florida dream estate!
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| Oct 17, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017