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126 ORTIZ BOULEVARD
About This Property
WELCOME TO YOUR FLORIDA WATERFRONT RETREAT! This custom-built 3-bedroom, 2-bath home offers approximately 2,400 square feet of living space and is beautifully situated on an oversized 0.38-acre double lot with peaceful lake views and a concrete seawall. Surrounded by mature tropical landscaping and swaying palm trees, this property delivers privacy, space, and a true Florida lifestyle.
Inside, you'll find a spacious, well-designed floor plan with tile flooring throughout the main living areas, generous room sizes, and abundant natural light. The large kitchen offers plenty of cabinet and counter space, making it ideal for everyday living and entertaining. The primary suite provides a relaxing retreat, while the additional bedrooms with flexibility for family, guests, or a home office.
Step outside to enjoy the tranquil waterfront setting, where you can unwind, entertain, or simply take in the beautiful views from your backyard. The oversized lot provides plenty of room for a pool, outdoor living area, or future enhancements.
Conveniently located near Warm Mineral Springs, shopping, restaurants, medical facilities, golf courses, and Gulf Coast beaches, this property combines comfort, privacy, and an exceptional location. Whether you're looking for a primary residence, seasonal getaway, or investment opportunity, this waterfront gem is ready for its next owner.
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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