Welcome home to your own Key West inspired, resort style retreat!
This exceptional 3-bedroom, 2.5-bath POOL home offers the ultimate
in coastal Florida living, complete with your very own DRY BOAT
SLIP and easy water access to a saltwater canal just off the
INTRACOASTAL WATERWAY. The stunning gourmet kitchen is
beautifully appointed with a gas cooktop, walk-in pantry, and
thoughtful details throughout. Designed for effortless
indoor-outdoor living, the open concept floor plan is filled with
natural light and features expansive pocket sliders that seamlessly
extend the living space to a tranquil outdoor oasis. Step outside
to your private pool and create the perfect setting for relaxing,
entertaining, and enjoying the beautiful coastal surroundings. This
sophisticated smart home is equipped with a Vivint security system,
Lutron lighting controls, and a whole-house audio system, providing
both convenience and peace of mind. Located within the gated
community of Marina Del Palma, residents enjoy access to a secure
valet dry-stack boat storage facility accommodating boats up to 30
feet, as well as a traditional marina with 83 wet slips. Community
amenities include a dockside clubhouse, community pool, fitness
center, and dog park. Marina Del Palma is a truly unique waterfront
community, ideally situated just minutes from the beach,
restaurants, boating marinas, shopping, cultural attractions,
health care, nature parks, and world-class golf courses. With easy
access to some of the Southeast's most desirable destinations, this
is more than a home-it's a lifestyle. Come experience the coastal
retreat you've been dreaming of and make this exceptional home
yours!
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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