YOUR WATERFRONT FLORIDA LIFESTYLE STARTS HERE - $679,900 Welcome to
waterfront living on the Rim Canal! Built in 2021, this beautiful
3-bedroom, 3.5-bath home offers a rare combination of space,
privacy, and direct access to the Florida lifestyle. One of the
home's standout features is its floor plan-each of the three
bedrooms has its own private en-suite bathroom, giving everyone
their own comfortable space. A separate den adds even more
flexibility and is ideal for a home office, media room, or
additional living area. The spacious eat-in kitchen opens to the
main living area, making the home perfect for everyday living or
entertaining friends. Outside, your backyard becomes your getaway.
The fully fenced yard leads to your private boat dock on the Rim
Canal, where you can spend your days boating, fishing, or simply
relaxing by the water and watching the Florida sunsets. Enjoy
access to Lake Okeechobee and ocean-bound waterways through the
north and southeast locks, plus incredible bass fishing practically
in your own backyard. You'll also appreciate an A/C system less
than one year old, reverse osmosis water system, storm gutters,
two-car garage, and beautiful finishes throughout. Whether you're
looking for a full-time residence or your own Florida waterfront
escape, this home delivers the space, setting, and lifestyle you've
been searching for. Private dock. Waterfront views. Three en-suite
bedrooms. Room for the boat and a whole lot of Florida living. Now
offered at $679,900.
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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