51
Map
102 Abondance Drive
About This Property
Enjoy the resort lifestyle, Frenchman's Reserve has been recognized as a Platinum Club of America in the category of top 150 Country Clubs out of over 4,000 private clubs. The championship 18 hole, par-72 Arnold Palmer Signature Golf Course is complete with a driving range, 2 putting greens and a chipping area. The 45,000 sq ft clubhouse is sure to impress. Amenities include tennis, pickleball, full service spa, aquatic center, resort style pool, upscale and casual dining, casita's plus walking and biking trails through the scenic community.
Located in the heart of Palm Beach Gardens you are minutes from some of the finest beaches in all of South Florida, fine dining/shopping and convenient access to both I-95 & The Florida Turnpike. 20 minutes to Palm Beach International.
Social equity membership required.
See video tour in MLS link.
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by William Raveis Real Estate | $1,750,000 | |
| Listed by William Raveis Real Estate | |||
| Oct 2, 2015 | Sold | ||
| Sold | |||
| Jan 3, 2015 | Listed by William Raveis Real Estate | $1,149,000 | |
| Listed by William Raveis Real Estate | |||
| Oct 31, 2003 | Sold | ||
| Sold | |||
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About Frenchmans Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017