2569 PALM AVENUE
About This Property
Inside, you'll find elegant tile flooring throughout and a spacious layout designed for both comfort and entertaining. The lower level features two generously sized bedrooms, a full bathroom, and a large living area-ideal for guests, family, or a home office setup. Upstairs, the open-concept floor plan includes a chef's kitchen, dining area, expansive great room, and a convenient half bath for guests. The oversized master suite serves as a luxurious retreat, complete with stunning views.
Enjoy outdoor living year-round with large covered decks on both levels, each finished with stylish tile flooring-perfect for relaxing, dining al fresco, or soaking in the peaceful waterfront setting. Impact windows & doors throughout.
This Flagler Beach gem blends luxury, privacy, and convenience in one of the area's most exclusive waterfront neighborhoods. Golf cart friendly city. Homes like this are a rare find-schedule your private showing today and experience the best of coastal Florida living.
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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 Flagler Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017