228 Palm Circle
About This Property
A seemingly endless list of features and upgrades are on show throughout the light-filled layout. Soaring ceilings and custom molding in the entry set the tone for this remarkable residence while porcelain tiles flow underfoot and have been laid in a diagonal pattern.
There is a formal living room and dining room with the heart of the home sure to be the renovated and customized eat-in kitchen with custom soft close cabinets, modern stainless steel appliances, sweeping granite countertops and decorator tile backsplash. From here, you can overlook the custom-built bar area which could easily be converted back into a family room, depending on your needs.
Impact sliding doors allow you to flow freely out to the paved patio and deck with an electronic shade, a TV hook-up and a lovely outlook over the gardens.
The desirable split-bedroom floor plan ensures peace and privacy. The guest bedrooms share a renovated bathroom while your master suite will be the ideal retreat at the end of the day. This sumptuous haven is set under a tall tray ceiling with lush garden views, and is complete with dual walk-in closets, a master bath with newly renovated granite vanity countertops, and whirlpool tub.
This must-see home is a newer construction for the neighborhood and stands proud on a prized corner lot with a two-car garage, paver driveways and an additional golf cart garage with its own paver driveway entry!
Pets limited to a total of 3 dogs and/or cats, not to exceed 50 pounds per animal. Doberman pinschers, Pitbulls and Rottweiler's are not permitted. NO LEASE FIRST 3 YEARS.
Leases are restricted to occupancy by a Family, lots may not be leased more than twice in a calendar year, and no lease shall be approved for a term of less than six months. 3 year waiting restriction applies
HOA Fee includes - Yard maintenance, exterior pest control, basic cable, alarm company and common areas.
This home, built in 1999, meets and/or exceeds the Miami-Dade Storm Protection Code.
The City of Atlantis is a gated, manicured country club community offering 2 championship golf courses with no membership obligations. Kintz Park at The City of Atlantis, where families and residents gather to play tennis, attend a party or City sponsored events (Annual Egg Hunt, Annual Spring Fling, Holiday Golf Cart parade, & more events! Club room has a Playground for kids, a covered picnic area and a water park for fun! Conveniently located close the beaches, I-95 and in between major airports.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. No commissions are paid to any cooperating broker until title passes.
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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%.
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Nov 7, 2021 | Listed by The Sarubbi Group Palm Beach L | $547,500 | |
| Listed by The Sarubbi Group Palm Beach L | |||
| Apr 22, 2014 | Sold | ||
| Sold | |||
| Feb 24, 2014 | Listed by The Sarubbi Group Palm Beach L | $349,900 | |
| Listed by The Sarubbi Group Palm Beach L | |||
| Oct 31, 2007 | Sold | ||
| Sold | |||
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About Palms at Atlantis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017