Located in the highly sought-after Intracoastal-front community of
Oak Harbour in Juno Beach, this rare CBS construction home is 1 of
only 2 concrete block properties in Grand Bay, with all other homes
being frame/stucco. Offering 4 bedrooms, 2.5 bathrooms, & an
expansive open floor plan, this residence blends quality
construction, spacious living, & the ultimate South Florida coastal
lifestyle. Designed for both everyday living & entertaining, the
home features formal living & dining areas, along with a spacious
family room that opens seamlessly to the kitchen & bar area. The
chef's kitchen offers granite countertops, solid wood cabinetry,
ample storage, & abundant prep space. The oversized primary suite
provides a true retreat with a large walk-in closet featuring
custom built-ins, additional closet space, and a spacious
en-suite bath complete with granite countertops, double vanity,
jacuzzi tub, and frameless glass shower. Additional
highlights include a large 2-bedroom guest suite with full
bathroom, a versatile secondary bedroom ideal for an office,
playroom, or flex space, a spacious 4th bedroom, large separate
laundry room, hidden storage room beneath the staircase, two air
conditioning systems, and an oversized 2-car garage with additional
storage. Outdoor living is equally impressive with a
screened-in patio, open paved patio, lush tropical landscaping for
added privacy, and plenty of room to add a pool. A new roof was
completed in 2024, and the home also features a Halo whole-home
water filtration system. Residents of Oak Harbour enjoy a
gated Intracoastal community lifestyle with boat slips available
for rent or purchase separately, along with close proximity to
beaches, marinas, waterfront dining, golf, shopping, and all that
Juno Beach and Palm Beach County have to offer. Rarely
available CBS construction in Grand Bay with space, privacy, and
premium upgrades in one of Juno Beach's premier waterfront
communities.
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.
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Water Purifier Owned, Refrigerator, Water Heater, Water Purifier, Washer
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