$2,550,000
●
House -
Off Market
964 SE Atlantic Drive
Lantana, FL 33462
4 Beds
3 Baths,
1
Half Bath
4,678 Ft²
$6,350,628
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model
About This Property
6,213 SF Mediterranean home on very private waterfront lot on
Hypoluxo Island. Spacious open floor plan with Travertine tile
throughout. Living room, family room, kitchen, breakfast area, and
sunken bar all connected and flowing into each other give the home
a very open feel. New spacious kitchen has custom cabinetry,
granite counter tops and stainless steel appliances. 14' ceilings,
fireplace, 4 bedrooms, 3 1/2 baths plus den/office add to the
overall feeling of luxury and space. Outside is a spacious covered
patio surrounded by a large heated pool and spa with an Eastern
exposure and leading to a private dock with boat lift and multiple
slips. All surrounded by mature landscape and a panoramic view of
the Intracoastal Waterway.
Unit Size
4,678 Ft²
Days on Market
84 days
Land Size
-
Price per sqft
$704
Property Type
House
Property Taxes
$2,467
HOA Dues
-
Year Built
1990
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Beaches MLS #R9998460)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2014 | Sold | ||
| Sold | |||
| Dec 2, 2013 | Listed by The Fite Group | $3,295,000 | |
| Listed by The Fite Group | |||
| May 31, 2012 | Sold | ||
| Sold | |||
| Mar 19, 2012 | Listed by Illustrated Properties LLC | $1,995,000 | |
| Listed by Illustrated Properties LLC | |||
| | |||
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Elegant Mediterranean home on very private waterfront lot on Tropical Hypoluxo Island. Large open floor plan has living room, family room, kitchen, breakfast area, and sunken bar all connected and flowing into each other...14' ceilings, fireplace 4 bedrooms, 3 1/2 baths plus den office add to the overall feeling of luxury and space...Outside is a covered patio surrounded by a large heated pool and spa with an Eastern exposure and leading to a private dock, with boat lift and multiple slips. All surrounded by mature landscape and a fabulous view of the Intracoastal Waterway. Only two owners have made this property their own since it's creation in 1990 now is the time for you to make it your own.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Point Manalapan
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Listed by: Jack H Elkins
The Fite Group
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R9998460
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
The Fite Group
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R9998460
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017