$360,000
●
House -
Off Market
1365 Wilderness Road
West Palm Beach, FL 33409
3 Beds
2 Baths
1,974 Ft²
$565,390
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Well maintained Burg & DiVosta classic Saratoga model that features
enclosed sunroom, private garden with verdant greenbelt views,
updated kitchen, granite, stainless appliances, hurricane shutters,
newer roof/AC. 24-7 attended gate and more. See Improvement List-
Bear Island is located in the heart of West Palm Beach and adjoins
the Bear Lakes County Club with fabulous new Bear Lakes Clubhouse
opening November 2018- www.BearLakes.org, minutes from the
$150 million West Palm Beach ''FITTEAM Ball Park of the Palm
Beaches''-160 acre development spring-training home of the 2017
World Series Champion Houston Astros and NL East Champion
Washington Nationals and with the new Banyan Cay Resort
& Golf nearby https://www.banyancay.com. Location, location,
location. Bear Island is a premier Burg & DiVosta gated resort
community located in the Villages of Palm Beach Lakes near the
prestigious Bear Lakes Country Club with two 18-hole championship
golf courses designed by the legendary Jack Nicklaus and
conveniently located minutes from CityPlace, Kravis Center for the
Performing Arts, Clematis Street, Norton Museum, The Breakers Palm
Beach, Worth Avenue, Downtown at the Gardens, fabulous Palm Beach
County beaches, Village Commons, Palm Beach International Airport,
Amtrak, I-95 and the Florida Turnpike.
The Villages of Palm Beach Lakes Property Owners Association maintains Perini, Shiloh, and Saratoga Parks in the Villages offering large swimming pools,kiddie pools,softball fields,lighted tennis courts, racquetball courts, sand volleyball courts, playgrounds, jogging trail, picnic areas,tables,charcoal grills and the new ''Paws Park'' on Saratoga Road. Discover the Villages of Palm Beach Lakes with its unique West Palm resort lifestyle... And you'll call it home! Bear Island is a NON MANDATORY GOLF MEMBERSHIP community; however, many homeowners are Golf and Social members at the Bear Lakes Country Club.
The Villages of Palm Beach Lakes Property Owners Association maintains Perini, Shiloh, and Saratoga Parks in the Villages offering large swimming pools,kiddie pools,softball fields,lighted tennis courts, racquetball courts, sand volleyball courts, playgrounds, jogging trail, picnic areas,tables,charcoal grills and the new ''Paws Park'' on Saratoga Road. Discover the Villages of Palm Beach Lakes with its unique West Palm resort lifestyle... And you'll call it home! Bear Island is a NON MANDATORY GOLF MEMBERSHIP community; however, many homeowners are Golf and Social members at the Bear Lakes Country Club.
Unit Size
1,974 Ft²
Days on Market
148 days
Land Size
0.15 acres
Price per sqft
$190
Property Type
House
Property Taxes
$267
HOA Dues
$393
Year Built
1988
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (Beaches MLS #R10468528)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Price Decreased |
$628,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Nov 7, 2024 | Price Increased |
$638,000
↑ $10K
(1.6%) | |
| Price Increased | |||
| Sep 9, 2024 | Listed by Coldwell Banker Realty | $628,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome to this stunning single-family home in the gated community of Bear Island in WPB. Fl. This beautifully updated residence features a newer galley kitchen with stainless steel appliances, granite countertops, freshly painted throughout. The home boasts newer floors & an eat-in kitchen, perfect for casual dining.
The spacious FR with a beautiful wall unit, formal DR open up to sliders that lead to a Florida room, which leads out to a private paver backyard. The property also offers a two-car garage & hurricane protection for added peace of mind.
With 3 BR/2 BA the home includes a large owner's suite with a walk-in closet & sliders that lead to a lush landscape patio. Residents will enjoy exclusive access to 3 parks, pools ,exercise trails, tennis & pickleball facilities. Plus it is close to Palm Beach, 10 minutes to the PBI airport, 12 minutes to Downtown and Dining.
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Villages of Palm Beach Lakes
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Listed by: Barry L Salandro
Village Realty Group LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10468528
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Village Realty Group LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10468528
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Phone: 425-283-2930
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