$650,000
●
House -
Off Market
2169 SALT MYRTLE Lane
Fleming Island, FL 32003
3 Beds
2 Baths,
1
Half Bath
3,084 Ft²
$3,990
Est. Monthly
$182
HOA / Fees
2.07%
Cap Rate
About This Property
Welcome to 2169 Salt Myrtle Lane, a beautifully designed home
located in the highly desirable, gated Pace Island community in
Fleming Island, FL. Offering 3 bedrooms, 2.5 bathrooms, and
flexible living spaces, this residence is perfect for families
seeking comfort, style, and versatility. With the added benefit of
a potential in-law suite, this home provides an ideal solution for
multigenerational living or additional private space for
guests.
Key Features:
Spacious 3-Bedroom, 2.5-Bathroom Floorplan: This well-appointed home offers a generous layout with over 2,400 sq. ft. of living space. The open-concept design flows effortlessly from room to room, making it perfect for both entertaining and everyday family life. The living and dining areas are bright and inviting, with plenty of natural light.
Versatile In-Law Suite or Guest Space: One side of the home can be easily transformed into a private in-law suite or guest quarters.
Key Features:
Spacious 3-Bedroom, 2.5-Bathroom Floorplan: This well-appointed home offers a generous layout with over 2,400 sq. ft. of living space. The open-concept design flows effortlessly from room to room, making it perfect for both entertaining and everyday family life. The living and dining areas are bright and inviting, with plenty of natural light.
Versatile In-Law Suite or Guest Space: One side of the home can be easily transformed into a private in-law suite or guest quarters.
Unit Size
3,084 Ft²
Days on Market
32 days
Land Size
0.65 acres
Price per sqft
$220
Property Type
House
Property Taxes
$474
HOA Dues
$182
Year Built
2000
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Real MLS #2068708)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 17, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by WATSON REALTY CORP | $679,000 | |
| Listed by WATSON REALTY CORP | |||
| May 23, 2014 | Listed by COLDWELL BANKER VANGUARD REALTY | $400,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| | |||
|
VERY CLEAN, 3 car garage 1/2 acre, one story large home on a beautiful lagoon to preserve lot. Built by JA long.3 bedroom plus and incredible library office has very large rooms and 10 ft ceilings and crown molding. Plantation shutters, surround sound and gas fireplce. The library has amazing detailed floor to ceiling wood work with a built in desk area. The living areas all have a view of the lagoon. The kitchen has custom cabinets. Construction has upgraded concrete block for energy efficiency (Autoclaved Aerated Concrete. HVAC systems replaced 2010. New porcelain wood tile in the bedrooms. No carpet in the home. Back yard has flagstone patio, huge back yard. Pace Island is the only manned gated community in Fleming Island. 2 pools, Clay tennis courts, a community dock and a clubhouse. clubhouse.
| |||
| Aug 21, 2009 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Fleming Island
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Listed by: GARY P ANDREWS, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2068708
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2068708
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