37
Map
$499,000
●
House -
For Sale
11081 Springbrook Circle
Boynton Beach, FL 33437
3 Beds
2 Baths,
1
Half Bath
2,264 Ft²
$3,563
Est. Monthly
$625
HOA / Fees
About This Property
Developer Model Home 55+ community! This expanded model is on a
prime cul-de-sac lot with full lake views and an extended driveway.
The extra-large living space is perfect for entertaining. Split
bedroom floor plan, separate living room and additional family
room. Upgrades include a custom motorized awning on the newly
screened patio, Epoxy garage floor 2026, NEW ROOF 2022, renovated
primary bath 2022, A/C 2022, water heater 2022, appliances 2020,
gutters 2024. This home is located within Indian Spring Country
Club where membership is optional but NOT mandatory. Cable,
internet & landscaping included. Only 15 minutes to the beach and
20 minutes to vibrant Downtown Delray Beach. Brand new Publix
shopping plaza with all new eateries, Starbucks and conveniences
within walking distance!
Unit Size
2,264 Ft²
Days on Market
11 days
Land Size
0.15 acres
Price per sqft
$220
Property Type
House
Property Taxes
$488
HOA Dues
$625
Year Built
1993
Listed By
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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: 12 days ago (Beaches MLS #B26079327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Listed by Compass Florida LLC | $499,000 | |
| Listed by Compass Florida LLC | |||
| May 23, 2025 | Price Decreased |
$525,000
↓ $25K
(4.5%) | |
| Price Decreased | |||
| Nov 22, 2024 | Listed | $549,900 | |
| Listed | |||
| | |||
|
*Wallpaper being removed - new photos soon! Developer Model Home! This expanded model sits on a prime lot with FULL LAKE VIEWS and an extended driveway accommodating 6-8 cars. The extra-large living space is perfect for entertaining! Upgrades include a custom motorized awning on the newly screened patio, NEW ROOF 2022, fully renovated primary bath 2022, NEW A/C 2022, NEW water heater 2022, NEW appliances 2020 and NEW gutters installed 2024. This home is located within Indian Spring Country Club where membership is optional but not mandatory! Cable/Int. and landscaping included in HOA. Only 15 minutes to the beach and 20 minutes to vibrant Downtown Delray Beach! Brand new Publix shopping plaza with all new eateries, Starbucks and conveniences within walking distance!
| |||
| Apr 13, 2017 | Sold | ||
| Sold | |||
| Apr 27, 1994 | Sold | ||
| Sold | |||
Property Highlights
Elevator
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Bathtub, DualSinks, MainLevelPrimary, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater, Washer
Flooring Type: Laminate, Tile
Laundry Features: Inside, Laundry Room
Exterior Details
Square Footage: 2264
Square Footage Source: $0
Security Features: Gated with Guard, Gated Community, Security Guard
Property Condition: Updated/Remodeled, Resale
Year Built: 1993
Waterfront Features: Lake Front, None
Building Area Total: 2760
Levels: One
Window Features: Blinds
Construction Materials: Block
Patio and Porch Features: Patio, Porch, Screened
Pool Features: Association
Lot Features: Cul-De-Sac, Landscaped, SprinklersAutomatic, LessThanQuarterAcre
Lot Size Area: 6534
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Water Source: Public
Financial Details
Tax Annual Amount: $5,850
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Security, Trash, Internet, CommonAreas, RecreationFacilities
HOA/Condo/Coop Amenities: Clubhouse, Maintenance, Pool, Spa/Hot Tub, Security, Sidewalks
HOA Fee: $625
HOA Fee Frequency: Monthly
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 Indian Spring
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Listed by: Reina Carioti
Compass Florida LLC
Last Updated: 12 days ago
Data Source: Beaches MLS, MLS# B26079327
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.
Compass Florida LLC
Last Updated: 12 days ago
Data Source: Beaches MLS, MLS# B26079327
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