Experience luxury living at its finest in Delray Beach's highly
sought after Bridges community. This newer Manchester model offers
5 spacious bedrooms, 5 bathrooms, and a large loft, with over 4,000
square feet of beautifully designed living space and 5,069 total
square feet, providing exceptional comfort for families of any
size. Step inside to a meticulously upgraded interior showcasing
designer finishes, custom built ins, a stunning fireplace, and wood
and tile flooring throughout. The open concept layout flows
effortlessly from the elegant dining area to the inviting
living space and into the gourmet kitchen, complete with gas
cooking, top of the line appliances, and abundant storage. The
current owner spared no expense. Enhancements include motorized
outdoor screens, a heated pool and spa, full house generator,
impact windows and doors, and two new A/C systems, ensuring
comfort, convenience, and peace of mind year round. Residents of
The Bridges enjoy an unmatched lifestyle with resort style
amenities: a grand clubhouse, state of the art fitness center,
tennis and pickleball courts, basketball courts, playground,
restaurant, and a spectacular community pool. The location is ideal
close to A rated schools, premier shopping, dining, entertainment,
and the beach making every day feel like a vacation. This is a rare
opportunity to own a truly exceptional home in one of Delray
Beach's most prestigious neighborhoods. Schedule your showing and
make your dream of luxury Florida living a reality.
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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