12 PALM CIRCLE DRIVE
About This Property
Enjoy serene water views where manatees and dolphins are frequent visitors.
Inside, the charming interior offers a comfortable and functional layout with LARGE TILE flooring, updated bathrooms, and an UPDATED modern kitchen, making it perfect for everyday living or entertaining guests. This elevated home also has a spacious two-car garage with plenty of room for vehicles and water toys.
Outside, you'll find an expansive multi-level dock, featuring a large dock for entertaining & easy boat access. Plus a fully fenced yard perfect for gatherings, along with a shed for tools and gear. Best of all, NO HOA, giving you the freedom to enjoy the property your way.
Whether you're searching for a full-time residence, seasonal getaway, or high-potential rental investment, this waterfront gem checks every box. Located just minutes from the Gulf, Crystal River, manatee tours, and some of Florida's most beautiful springs.
Waterfront living, boating, kayaking, paddleboarding, fishing, waterskiing, and scalloping, this riverside retreat truly offers it all. Don't miss the opportunity to make it yours. Newer heat pump water heater, HVAC. Tons of updates you MUST see in person.
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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