Updates and upgrades galore! This pristine Biscayne model,
one of only a few built, welcomes you with a charming covered front
porch, new exterior lighting, and all-new landscaping. Step through
the beveled storm door with sidelights into a home filled with
style and comfort. The interior and exterior have been freshly
repainted, the primary bathroom has been remodeled, and the guest
bathroom has been updated. The kitchen and laundry room feature
painted cabinets, new hardware, a new laundry sink, new tile
flooring, and more. Stainless steel appliances were added within
the last couple of years, all can lights have been upgraded to LED,
and every ceiling fixture is brand new. Additional improvements
include all-new windows with beautiful custom blinds, a 2023 water
heater, two replaced exterior doors, and a driveway, sidewalks, and
front porch that were painted in 2023 and recently resealed. Roof
was replaced in 2013 and the HVAC was replaced in 2015. Enjoy
peaceful living on a quiet street with inviting outdoor spaces in
both the front and back. This home is truly a must-see.
Meticulously maintained and move-in ready, it also includes a
one-year Broward Factory Service home warranty with an acceptable
offer. The golf cart and select furnishings are available for
purchase separately. Located in the tree-canopied Del Webb Spruce
Creek Golf & Country Club, this gated 55+ community offers
outstanding amenities, four 9-hole golf courses, 3 pools,
pickleball and tennis courts, volleyball, shuffleboard, bocce ball,
basketball courts, horseshoes, softball field, Liberty Grille
Restaurant and more than 70 clubs. Conveniently situated north of
The Villages and south of Ocala, it is close to medical, fine
dining, shopping, and entertainment.
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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