16229 Tangerine Boulevard
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by Heyward + Company Real Estate | $525,000 | |
| Listed by Heyward + Company Real Estate | |||
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If you've been searching for a home with good bones to create your farm life oasis, look no further! CBS + METAL ROOF + NEW A/C + HORSE PADDOCKS + 2 CHICKEN COOPS... The list goes on and on!
Tucked away at the end of the road with mature landscape around the borders, this larger than most 1.36-acre property offers the perfect blend of privacy, convenience, and charm. This fully fenced oasis is designed for those who love space, nature, and a touch of country living — just minutes from city conveniences!
Equestrian enthusiasts will love the separate paddocks for horses (currently housing 6 mini horses), while those dreaming of farm fresh eggs will be delighted by the adorable chicken coops, complete with signage. Additional covered and enclosed outdoor storage provides ample space for equipment, tools, or hobbies.
The home itself is solidly built with CBS construction, featuring a 2019 METAL ROOF, 2024 A/C, complete hurricane protection, and a NEW Water Filtration System; ensuring durability, efficiency, and peace of mind. Inside, vaulted ceilings and Spanish tile floors add warmth and character, creating a welcoming space to call home.
Located just 1 mile from a Publix Plaza and minutes from PBI Airport, world class equestrian venues and stunning beaches, this property gives you the opportunity to enjoy the best of both worlds: tranquil acreage with city conveniences right at your fingertips.
Don't miss your chance to own this unique slice of paradise! Schedule your showing today!
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| Sep 1, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Compass Florida LLC | $500,000 | |
| Listed by Compass Florida LLC | |||
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About The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017