1217 DE NARVAEZ AVENUE
About This Property
From the moment you arrive, the newly paved driveway and custom outdoor lighting set the tone for this exceptional property. Inside, every detail has been meticulously curated to showcase designer touches throughout. The fully remodeled kitchen is a chef's dream, featuring solid wood cabinetry, quartz countertops, and high-end appliances. Stylish tile flooring flows throughout the home, seamlessly tying together its modern coastal charm.
Step into your private tropical paradise, where a heated pool, a gas fire pit, and your very own miniature golf course invite endless relaxation and entertainment. The lush, expertly landscaped backyard is a haven of tranquility and fun, making every day feel like a getaway.
Sol Mate" is not only a dream home but also a lucrative opportunity. As a highly successful vacation rental, it generated over $100,000 in income in 2024, accommodating up to 16 guests with ease. Recent upgrades, including a new roof (2019), a resurfaced pool (2019), and a new pool heater, ensure this property is ready for you.
Nestled in the prestigious Palma Sola Park neighborhood, this home is just 3 miles from Anna Maria Island. Boating enthusiasts will appreciate access to the Palma Sola Bay Yacht Club, featuring boat slips exclusively for residents. Plus, with NO HOA, NO deed restrictions, and NO flood zone, this home offers unmatched freedom and convenience.
This drop-dead gorgeous home seamlessly blends elegance, coastal chic vibes, and resort-style amenities, making it truly one-of-a-kind. Schedule your private tour today and experience the unparalleled lifestyle "Sol Mate" offers!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017