1117 SW Balmoral Trace
About This Property
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by Illustrated Properties LLC | $489,000 | |
| Listed by Illustrated Properties LLC | |||
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A brand-new metal roof & water views from the oversized lanai highlight a laundry list of features to enjoy at this villa at The Florida Club, a community in Stuart with an A+ golf course on site. Though the water views are most striking from the 33' x 26' patio space, they can be enjoyed from the primary bedroom, great room, kitchen & living room as well. White quartz countertops in the kitchen & both bathrooms were installed within the past year. Vaulted ceilings in the living area accentuate an already spacious 1,528 sq ft truly split floor plan. Both bedrooms feature walk-in closets with built-in shelving. Recessed lighting & new lighting fixtures complement fantastic natural lighting throughout this premium unit.
The parking situation is truly tough to beat for a 2-bed property, with a 2-car garage AND a 2-car driveway. There are sidewalks throughout the neighborhood. Furniture negotiable.
The Florida Club is a well-maintained, sprawling community of residences peppered throughout the top-notch golf course & pro shop. This villa overlooks the par-3 17th green. Even non-golfers can enjoy the bar & grill in the clubhouse, which offers sit-down & bar seating. The community pool & tennis courts overlook a massive lake. Adjacent to the pool is a building with a community room, library & management on site.
Southwestern Stuart offers phenomenal privacy, convenient highway access & lots of outdoor activities. Downtown Stuart is just a few miles to the northeast. Local attractions include the Elliott Museum, Halpatiokee Regional Park, Two Georges Dockside Grille, The Gafford, Manero's Restaurant & Lynora's Italian Restaurant, plus Hutchinson Island, known locally as "Stuart Beach".
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| Mar 1, 2016 | Sold | ||
| Sold | |||
| Jan 7, 2016 | Listed by Berkshire Hathaway Florida Realty | $249,900 | |
| Listed by Berkshire Hathaway Florida Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017