1196 ROYAL BOULEVARD
About This Property
Welcome to this beautifully upgraded 3-bedroom, 2-bath home, perfectly situated at the end of a cul-de-sac in the most private location within a cozy, gated community of just 41 homes in Palm Harbor.
This home has been completely renovated with high-end finishes and thoughtful upgrades throughout. The custom kitchen features solid wood cabinetry, quartz countertops, and modern finishes, making it both stylish and functional. Both bathrooms have been fully remodeled with new plumbing, updated fixtures, and a luxurious soaking tub with a separate shower in the primary bathroom. All windows were replaced with double pane.
The home features solid surface luxury flooring, high ceilings, and abundant natural light. Skylights in the living area and primary bathroom brighten the home beautifully. The living and dining room combination is highlighted by a dramatic floor-to-ceiling fireplace feature wall, creating a stunning focal point.
An additional den with new windows provides flexible space perfect for a home office, guest room, or media room.
The 2-car garage features a finished floor, extensive built-in wall storage, a utility sink, water softener, and a whole-home filtration system.
The owners have installed brick pavers leading to the private entry and extending to a large, beautifully paved back patio. The backyard has been thoughtfully landscaped with low-maintenance trees and foliage to create a private oasis - perfect for BBQing, enjoying a glass of wine, or relaxing with a book in this peaceful outdoor space.
This move-in-ready home combines privacy, modern upgrades, and elegant indoor-outdoor living in one exceptional property.
Although located within a quiet enclave surrounded by the Highland Lakes community, this neighborhood is not age-restricted, offering the benefit of a peaceful setting without 55+ limitations.
This exceptional property offers luxury, privacy, and turnkey convenience - a rare opportunity in Palm Harbor.
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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.
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About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017