Independence Bay Waterfront Villa - This beautifully maintained 2/2
villa offers 1357 sq. ft. under A/C w/ serene water views in the
heart of Deerfield Beach. Featuring vaulted ceilings, open floor
plan, skylight, Kitchenaid upgraded stainless steel appliances,
spacious walk-in closets, accordion shutters, screened in front
porch area and a glass enclosed & screened back patio perfect for
year-round enjoyment w/ stunning views. Enjoy resort-style living
in this manned, gated community w/ multiple pools, tennis,
pickleball, fitness ctr., sauna, clubhouse, lake for boating &
kayaking and more! Conveniently located near shopping, The
Promenade, Quiet Waters Park, dining, entertainment, major highways
& just minutes to beaches. H/W 2020 & A/C 2016. Pet-friendly &
all-ages community. Small electric boats and kayaks
permitted.
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.
HOA/Condo/Coop Amenities: Basketball Court, Boating, Clubhouse, Fitness Center, Gated, Maintenance, Other, Playground, Park, Pool, Parking, Spa/Hot Tub, Security, Tennis Court(s), BocceCourt, Pickleball, Sidewalks
HOA Fee: $600
HOA Fee Frequency: Monthly
Building Info
Overview
General
Year Built:
1986
Effective Year Built:
1987
Building Count:
1
Bedroom Count:
2
Bathroom Count:
2
Full Bathrooms:
2
Partial Bathrooms:
2
Building Condition:
6
Building Quality:
7
Construction Type:
12
Building Style:
35
Exterior Walls Type:
7
Interior Walls Type:
3
Roof Shape Type:
7
Roof Cover Type:
18
Floor Count:
100
Living Units:
1
Floor Cover:
2
Basement Type:
0
Basement Area:
0
Garage Type:
0
Parking Space Count:
0
Patio Type:
19
Porch Type:
36
Pool Type:
0
Dimensions
Lot Size Square Feet:
1,779
Total Building Area:
1,431
Gross Building Area:
1,431
Building Area:
1,357
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
0
Heated Square Feet:
1,357
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
ANGLO-AMERICAN PLAT TWO 125-34 B
Land Acres:
0000000041
Standard Land Use Code:
1002
County Land Use Code:
01-04
State Land Use Code:
01
Legal Description 1:
ANGLO-AMERICAN PLAT TWO 125-34 B PORTION OF PARCEL D DESC AS COMM AT SE COR OF PAR D,THENCE ALG MOST E/L N 25,WLY,NWLY & NLY ALG ARC 78.28 TO P/T,N 34.43 TO P/C NELY ALG ARC,132.41 TO P/T,N 47.87,W 138.56,CONT W 17.73,N 7.10,E 8.94,N 61.98,E 26.67,S
Neighborhood
School District Name:
Broward County School District
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