Premium Lot in the Palisades! Multi-Generational Living
Opportunity!! This 4 bedroom, 3.5 bathroom home offers an
attractive 2-story floor plan ideal for multigenerational living.
Downstairs has a secondary bedroom with private bathroom and
attached bonus room, all right next to the front door - Great as in
law guest suite. Further into the home reveal a guest half bathroom
along with open-concept living room, dining room & kitchen w/
butler's pantry. Upstairs holds the primary bedroom/bathroom, 2
secondary bedrooms, a hall bathroom, loft & laundry. Outdoors, the
covered front rocker porch is the perfect spot to greet new friends
and the back porch welcomes sunrises & faces the direction of
Florida's coastal rocket launches. Bonus points for having a lot
that backs up to a wide open greenbelt with rear neighbors far on
the other side. The spacious 3-car garage features epoxy floors and
custom built-ins for wall/overhead storage. Built in 2023,
everything is just 3 years new! These original owners initiated
builder upgrades such as adding the built-in buffet/storage in the
dining room along with adding laundry room cabinetry for
organization. Improvements since build include customizing the
oversized 15'x 11' primary suite closet and garage epoxy/build-ins.
Palisades HOA offers recreational amenities to homeowners such as
community pool, clubhouse, playground, tennis, pickleball,
basketball, and private community access to Lake Minneola, part of
the Clermont Chain of Lakes. This is a must see to appreciate.
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.
Last updated: 4 months ago (Stellar MLS #O6413259)
Price History
Date / Event
Date
Event
Price
Jun 4, 2026
Listed by REDFIN CORPORATION
$675,000
Listed by REDFIN CORPORATION
Property Highlights
Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener, Guest, On Street, Open, Oversized, Parking Pad, Curb Parking
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s), Eating Space In Kitchen, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat, Window Treatments
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Flooring Type: Carpet, Luxury Vinyl
Door Features: Sliding Doors
Laundry Features: Laundry Room, Upper Level
Rooms: 12
Exterior Details
Square Footage: 3040
Square Footage Source: $0
Architectural Style: Contemporary
Year Built: 2023
Waterfront Features: Lake Front, Waterfront
Building Area Total: 4142
Levels: Two
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Block, Stucco
Patio and Porch Features: Covered, Front Porch, Rear Porch
Lot Features: Landscaped, In County, Sidewalk
Lot Size Area: 7871
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7871
Tax Lot: 437
Water Source: Public
Financial Details
Tax Annual Amount: $6,487
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric, Heat Pump
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Community Pool, Recreational Facilities
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Park, Playground, Pool, Recreation Facilities, Tennis Court(s), Pickleball Court(s)
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