Some homes just stop you in your tracks - and this one is exactly
that. Tucked inside the sought-after Avondale at Avenir
community, this stunning single-story home offers three bedrooms
plus a flex room that works beautifully as a fourth, three and a
half baths, and ensuite accommodations for every bedroom. It lives
large and the finishes throughout are all high end. The kitchen
alone is worth the visit. Hand-painted tile imported from Spain, a
custom hood, pot filler, farmhouse sink, and an oversized island
create a space that's as gorgeous as it is functional. Add in a
pantry, wine bar, and beverage center, and you have everything you
need to host effortlessly - or simply enjoy a quiet night in with a
glass of wine. Other upgrades include engineered hardwood
floors, custom molding, elevated baseboards, and designer window
treatments. The primary bathroom has been completely
renovated with floor-to-ceiling marble and warm, rich
oak cabinetry and a custom oversized shower. Out back, the pocket
sliding doors open up to what can only be described as your own
private resort. A heated saltwater pool and spa, marble pavers, a
fire pit, and peaceful lake views. Just minutes from downtown
West Palm Beach, great dining, and everything Palm Beach Gardens
has to offer - plus all the amenities Avenir itself brings to the
table: resort pools, pickleball, tennis, a fitness center, and a
clubhouse that actually lives up to the name. This one is special.
Come see it for yourself.
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.
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