11275 APACHE PLACE
About This Property
Live the ultimate Florida lifestyle in this beautifully updated pool and spa home with a versatile 10x20 Tiny House, ideal as a guest suite, home office, gym, or creative studio.
Step inside to a bright and spacious open-concept floor plan featuring formal living and dining areas, a cozy family room with a wood-burning fireplace, and an updated kitchen with Silestone countertops, wood cabinetry with pull-outs, stainless steel appliances, and a breakfast bar. The home features two primary suites, ideal for guests or multi-generational living, plus a third bedroom with a custom closet system. The renovated primary bath offers dual sinks, a jetted soaking tub, and a separate walk-in shower.
Your private backyard oasis includes a heated saltwater pool and spa (2020), large covered brick-paver lanai, screened enclosure, and lush tropical landscaping-perfect for year-round relaxation and entertaining. Not to mention the short distance to our award winning beaches! Less than a mile to your toes in the sand!! The Tiny House adds tremendous flexibility with its own front porch and endless potential as a guest space, man cave, she shed, or rental studio. Enjoy peace of mind in a non-flood zone location with a proven history of no flooding.
Perfectly situated in the desirable Oakhurst community, this home offers exceptional versatility with no HOA and short-term rental–friendly zoning-ideal for a primary residence, vacation retreat, or income property just minutes from award-winning Gulf beaches, shopping, dining, and top-rated schools.
Major updates include: New dimensional shingle roof (2022), Flat roof (2020), HVAC (2021)
LeafFilter gutter system (2021), Updated flooring throughout, Front-loading washer & dryer
Storm shutters included
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017