10605 Royal Caribbean Circle
About This Property
THE KITCHEN IS VERY SPACIOUS WITH TONS OF CABINETS AND LARGE PANTRY! THE MASTER BEDROOM SUITE HAS A MASSIVE WALK-IN CLOSET & BEAUTIFUL LAKE VIEWS. THE MASTER BATH HAS HIS & HER'S SINKS AND A SHOWER W/ A BENCH SEAT. RELAX ON THE SCREENED LANAI AND WATCH THE TROPICAL BIRDS FROLIC IN THE LAKE OR GRILL OUT W/ FRIENDS! MAJESTIC ISLES IS A MANNED GATED COMMUNITY WITH A NEW CLUBHOUSE w/ RESORT STYLE HEATED POOL & SPA, SOCIAL HALL FOR SHOWS & PARTIES, FITNESS CENTER, TENNIS & PICKLEBALL, CARD GAMES & CLUBS TO JOIN. COME ENJOY THE LAID-BACK SUNNY SOUTH FLORIDA LIFESTYLE!
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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 |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Listed by RE/MAX Direct | $475,000 | |
| Listed by RE/MAX Direct | |||
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Stunning fully renovated and truly MOVE-IN READY 3BR/2BA waterfront villa in Majestic Isles with over $85,000 in renovations! This beautifully appointed 3-bedroom, 2 bath waterfront villa was FULLY renovated in 2021 and offers modern elegance, quality craftsmanship, and serene water views. The designer open concept kitchen features a large quartz island, countertops, glass tile full backsplash, top of the line Samsung stainless steel appliances (2021), a built in wine fridge w/quartz counter, white cabinetry, pots & pans drawers, pantry, and luxury contemporary finishes. Gorgeous porcelain tile flooring flows throughout the home, complemented by all new contemporary baseboards and door trim. LED lighting on dimmers that creates a warm and inviting ambiance. Open floorplan makes this home ideal for entertaining! New custom window treatments throughout. The Primary suite is spacious with tranquil lake views, a huge walk in closet, and the master bath retreat is complete with frameless glass shower with stunning floor and wall tile, Quartz vanity, contemporary fixtures offering a spa-like feel! The secondary bedrooms are spacious with reach-in closets and lots of natural light. The hall bath offers lovely glass door shower with floor and wall tile, Quartz vanity, and contemporary fixtures. Newer AC (2022) w/ a Honeywell smart thermostat. Water heater was replaced in 2019. New garage door opener (2023). The newly replaced screened in lanai with freshly painted, stamped concrete flooring is the ideal tropical oasis offering stunning lake views and sunrises! Majestic Isles is a gated community offering a recently renovated clubhouse with many social clubs and activities, pool, fitness center, racquet sports, arts & crafts, card rooms and more. Ideally located close to houses of worship (even within walking distance to some!), shopping, dining and beaches. Make this showcase home your own! Some furnishings may be available for sale separately.
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| Apr 21, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by Coldwell Banker Realty /Delray Beach | $309,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017