Welcome to this spacious 3-bedroom, 2-bathroom home situated on a
beautifully maintained 1.29-acre lot, offering comfort,
functionality, and plenty of outdoor space. In addition to the
three bedrooms, the home features a dedicated office that can
easily be converted into a fourth bedroom, offering flexibility for
guests, hobbies, or a growing household. Ideally situated with
frontage on two paved roads and connected to city water, this
property offers both convenience and accessibility. Step inside to
find soaring Crawford ceilings, a welcoming foyer, and a formal
dining room designed for both everyday living and entertaining. The
kitchen features tall wood cabinetry, granite countertops,
stainless steel appliances, and a pantry for ample storage. Triple
pocket sliding glass doors create a seamless transition between the
indoor and outdoor living spaces, filling the home with natural
light. The spacious primary suite offers private French doors
leading to the backyard, two walk-in closets, and an en-suite
bathroom complete with dual vanities, a soaking tub, a walk-in
shower, and a bidet. Additional features include two A/C
systems, a water treatment system, an indoor laundry room with a
utility sink, and an oversized two-car garage with built-in storage
shelving. Outside, enjoy professionally landscaped grounds, a
fully fenced yard, an expansive patio, a summer kitchen, and a
beautiful backyard waterfall feature. The summer kitchen is
equipped with a built-in grill, side burner, beverage cooler, and
built-in lighting, making it an ideal space for outdoor cooking and
entertaining. The generous lot provides plenty of space for a
future pool or additional outdoor amenities. Additional exterior
features include an impact-rated double front entry door and panel
hurricane shutters for added storm protection. Conveniently
located with room to spread out while still being close to everyday
conveniences, this property offers the perfect blend of indoor
comfort and outdoor living, with the added benefits of city water
and frontage on two paved roads.
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.
Last updated: 11 days ago (Beaches MLS #B26060654)
Price History
Date / Event
Date
Event
Price
Oct 6, 2026
Price Decreased
$875,000
↓ $20K
(2.2%)
Price Decreased
Sep 8, 2026
Price Decreased
$895,000
↓ $30K
(3.2%)
Price Decreased
Aug 5, 2026
Listed by Pavon Realty Group, LLC
$925,000
Listed by Pavon Realty Group, LLC
Jun 23, 2026
Price Decreased
$997,000
↓ $62K
(5.9%)
Price Decreased
May 26, 2026
Listed by Southdale Properties Inc.
$1,059,000
Listed by Southdale Properties Inc.
Experience the best of indoor/outdoor Florida living in this beautifully maintained estate home featuring expansive entertaining spaces,a huge covered lanai,summer kitchen, and oversized private backyard.Custom impact iron double entry doors welcome you into a spacious interior with an upgraded kitchen ,stainless steel appliances,wood cabinetry ,granite countertops, and plantation shutters throughout. The oversized primary suite features dual walk in closets and a spa-style bath. Two A/C units and numerous upgrades complete this exceptional property , too many extras to list ,hurry a must see......
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