Experience the best of South Florida waterfront living in this
exceptional Garden Isles residence. One of the few 2 story homes in
the neighborhood, this 5 bedroom 4 full bath home offers 70 feet of
wide canal frontage, generous living spaces, and the perfect blend
of comfort and coastal elegance. Designed for entertaining, the
backyard is a true waterfront retreat featuring a heated pool,
tikihut/ wet bar, expansive outdoor living area, floating dock, and
boat lift. Inside, the home offers 5 walk in closets, abundant
storage, gas cooktop, PVC plumbing throughout, 2 A/C systems
replaced in 2022, and a tankless gas waterheater. Whether you're
hosting family and friends or heading out for a day on the water,
this is the Florida lifestyle you've been waiting for.
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.
Parking Features: Attached, Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Breakfast Bar, Entrance Foyer, High Ceilings, Kitchen Island, Other, Walk-In Closet(s), ClosetCabinetry, DualSinks, FamilyDiningRoom, KitchenDiningCombo, LivingDiningRoom, MainLevelPrimary, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Trash Compactor, Tankless Water Heater, Water Heater, Washer
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017