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20172 Ocean Key Drive
About This Property
Boca Isles South offers a truly exceptional lifestyle, blending luxury and convenience within a resort-style community. The state-of-the-art fitness center includes lockers, showers, and a sauna for wellness enthusiasts, while residents enjoy two lighted tennis courts, a basketball court, and a billiards/game room for recreation. Families love the playground and private movie theater, and social gatherings come alive in the Gala Room and newly furnished clubhouse. The large pool, jacuzzi, and modern FTTH infrastructure with high-speed internet and IPTV channels further elevate the experience. With 24-hour gated security and a welcoming community ambiance, Boca Isles South epitomizes upscale living in Boca Raton. Its prime location offers easy access to the turnpike, I-95, top-rated schools, fine dining, shopping, entertainment, and beautiful beaches.
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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.
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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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by Stonecrest International Realty | $1,150,000 | |
| Listed by Stonecrest International Realty | |||
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Step into this light-filled, and exquisitely designed home in the highly sought-after Boca Isles South. This 5-bedroom, 3-bathroom gem features an incredible 3-way split open floor plan that is perfect for modern living and entertaining. The heart of the home is a chef's dream kitchen, boasting not one but two expansive islands, high-end stainless steel appliances, a chic subway tile backsplash, and a large wine refrigerator. You'll find an abundance of cabinet space, making it both stylish and functional for everyday cooking and gatherings. The bathrooms are tastefully remodeled with luxurious finishes, adding to the home's overall sense of sophistication. Throughout the home, high-end lighting fixtures, all engineered to be controlled from an app, provides both convenience and elegance
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| Oct 1, 2020 | Sold | ||
| Sold | |||
| Aug 29, 2020 | Listed by Stonecrest International Realty | $680,000 | |
| Listed by Stonecrest International Realty | |||
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About Boca Isles South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017