MOTIVATED SELLER BRING OFFERS Experience the Florida lifestyle in
Valencia Palms! This pristine 2,118 sq. ft. Atlantic model features
2 bedrooms,a versatile den & 2 full baths on a private garden lot.
Designed for comfort, the open-concept layout boasts an upgraded
kitchen, custom built-ins,& tile/carpet flooring, while the large
extended screened lanai offers quiet relaxation. Key updates
include full hurricane protection, 2025 A/C, 2024 water heater.
Clubhouse features resort/lap/resistance pools, a fitness center,
cafe, grand ballroom,shows,tennis pickleball,& bocce-all in a prime
location near beaches,dining, & shopping. HOA is $2,520/qtr (covers
cable, internet, landline, security, cafe card, ext. painting, roof
washing, & lawn care); buyer pays a one-time $5,040 capital
contribution. This is Florida living at its finest in a premier 55+
community with a 31,000 sq. ft. clubhouse and resort
amenities.Valencia Palms has the best location close to beaches,
restaurants and shopping.There is a gorgeous Clubhouse, Fitness
Center,Resort Pools, Lap Pool, Resistance Pool, Billiard Room,
Cafe', Social Events, Clubs,Shows, Grand Ball Rm. Pickleball,
Tennis. Bocce Ball. Maintenance fee includes cafe card, Cable with
all channels, internet, landline,ext. house painting,alarm,lawn/
tree care and so much more. Come enjoy the Valencia Palms
Lifestyle. Buyer pays 1X capital contribution $5040. Maintenance
fee $2520/quarter includes exterior house painting, lawncare,
cable, internet, exterior pest control, power washing roofs and
more.
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.
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