55
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2016 Candlewood Drive
About This Property
Designed for comfortable Florida living, this meticulously maintained 4-bedroom, 2-bath home features an open-concept floor plan with stylish finishes throughout. The kitchen and bathrooms showcase rich cherry cabinetry, elegant quartz countertops, tile flooring, and updated luxury vinyl plank flooring, while fresh paint and new trim provide a modern, move-in-ready feel. A built-in office offers the perfect space for working from home, and the spacious primary suite includes dual walk-in closets for added convenience.
Step outside into your own private backyard retreat. The fully fenced yard features a stunning saltwater gunite pool with an upgraded lighting system, a covered back porch, hot tub, custom barbecue pit, detached storage shed with loft and electricity, and under-eave lighting that creates the perfect evening ambiance. Whether entertaining guests or enjoying a quiet evening at home, this outdoor space is built to impress. Additional upgrades include a 2026 roof, 2025 HVAC system featuring Blue Light air purification technology with sealed vents for enhanced indoor air quality, a 2021 water heater, security camera system, a spacious two-car garage, and an oversized driveway with plenty of additional parking.
As a resident of Holley by the Sea, you'll enjoy access to one of the area's premier recreation centers featuring multiple swimming pools, fitness facilities, tennis and pickleball courts, playgrounds, walking trails, a boat ramp, and numerous outdoor recreational amenities.
Conveniently located just minutes from Navarre Beach, top-rated schools, shopping, dining, and Hurlburt Field, this exceptional home offers the perfect blend of elegance, efficiency, and everyday convenience. Don't miss your opportunity to own this outstanding property in one of Navarre's most desirable communities!
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017