1302 Godwin Road
About This Property
You can be at the beach in twenty minutes or launching your boat for a day out on the Treasure Coast waters. You can also dine in many wonderful downtown restaurants in Fort Pierce. You'll find easy access to the Vero Mall and to Publix and restaurants via country roads in about 30 minutes. Easy access to I-95 or to the turnpike.
The property is gated, and it is fenced and cross-fenced. Enjoy peace and quiet with no direct neighbors. This is your own private retreat with birds, animals, deer, turkey, and roaming cattle on both sides. It is approximately 10 miles from the South Causeway Park and beach and about a 35-minute drive to Vero for beaches, and ''big city'' shopping at the Vero Beach Indian River Mall. It is just over an hour to the Palm Beach International airport. This is a great place for either retirement or for family or for both!
The home is expansive, but cozy and inviting, providing an open concept with room for large gatherings and sweet nooks to enjoy quiet time with a book or breakfast. The game room is large, and spreading out to play is easy. Enjoy a game of pool, Ping-Pong, or darts. Or settle in and watch a movie. From the front porch entry which is welcoming with rocking chairs and ceiling fans real southern living.
A welcoming guest room is just off of the foyer, with a quaint connected bathroom boasting a claw foot tub to soak in, and an unusual oval shaped pedestal sink. The view is of mature royal palms that are awe inspiring with their grand trunks and thrones that dance in the wind.
Downstairs there are two bedrooms. One is very large and offers a sitting area near its etched Florida themed window: a unique cypress-walled space with a charm that feels relaxed and inviting. The second bedroom is quaint but proves to be a warm area that has it all - A private door to the bathroom off of the hall, and a doorway to a private patio. At the end of the hall is a dream laundry room and mud room having a view of colorful bottlebrush trees. The washer and dryer are LG gas and 2 years old. The home's ac unit is just 3 years old as is the freezer in the laundry room.
At the heart of the home, and in the center of the house is the kitchen which has a built-in Subzero refrigerator as well as a Viking gas stove, a new oven and microwave and a sizable dishwasher. From the kitchen, there is a bar and also a pass-through to the sunroom which has a breakfast nook, and you'll find formal dining right around the corner. Step outside to the porch through inviting French doors. The house doesn't end there, as just off the stairs is the glorious master bedroom with a sitting area with French doors overlooking a beautiful balcony. The spacious master bathroom has double sinks and a sizable walk-in closet, as well as a jetted garden tub and a true steam shower.
Significant structural details include Impact PGT Glass windows for storms throughout. The walls are poured concrete which are 8-10" thick. The 1800-sf garage hangar is for either cars, large boats (ocean sized boats) or RV's, and it features 4 Roll-up doors. There is also a room that can be easily turned into a Mother-in-law suite or used as an office with a half bath inside. The back yard is fenced-in for family pets and for security. The four-acre lake on the property is spring fed artesian water from Florida's aquifers. There was a new well installed this year for use on the property. Inside, the floors are sustainable wood (Bamboo) throughout with ceramic tile in the bathrooms. The home is sold furnished with the exclusion of the dining table and chairs, and the small bench at the foot of the master bed. It also includes 4 smart tv sets.
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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%.
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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.
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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2021 | Listed by Engel & Voelkers Jupiter RE | $895,000 | |
| Listed by Engel & Voelkers Jupiter RE | |||
| Oct 20, 2016 | Sold | ||
| Sold | |||
| Apr 11, 2016 | Listed by Engel & Voelkers Jupiter RE | $699,900 | |
| Listed by Engel & Voelkers Jupiter RE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017