2565 NE Evinrude Circle
About This Property
This magnificent home is ideally located in Jensen Beach near the highly desired downtown area, Langford Park, fantastic public beaches, fine dining, shopping and watersports. This elaborate floor plan is designed for comfort and luxury with 10 ft. soaring ceilings and 8 ft. doors, an open concept Chef's kitchen, a cook island that seats 4, a spacious dining area with private view, distinctive wood like ceramic tile, many other custom finishes, and an open lanai outfitted for your option of an outdoor kitchen! This special opportunity includes a 50 ft boat slip with 24k LB Hurricane Lift with water and elect. This is true Florida Living with a gated waterfront community of 60 custom homes with 60 boat slips with open water access and no fixed bridges. Meritage Homes Barbados II model is well appointed with thermal pane impact windows, a second bedroom en-suite, state of the art insulation, smart home technologies, and room for a pool and so much more!
Other prominent features include a 3 Car garage, stylish brick paver driveway, and an extra fridge in the mud room! The furniture and golf cart are negotiable and for the right price can both be included in the sale. The golf cart is a street legal 2023 ICON.
Langford Landing was established in 2021 with a private Marina. The location is just a short walk or drive to the famous Dolphin Restaurant, Langford Park, and a short drive to Jensen Public Beach or Stuart Public Beach! Your Florida lifestyle dream has just come to life.
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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.
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About Jensen Beach
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$1,750 /mo
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017