2975 Holley Point Road
About This Property
The raised design of the home provides an inviting entrance into a beautifully laid-out interior with sweeping bay views. The open floor plan seamlessly connects the living spaces, creating an ideal environment for both relaxation and entertaining. High ceilings and large windows allow stunning water views and natural light to fill the rooms, while highlighting the home's thoughtful finishes and details. The expansive living area flows into a well-appointed kitchen complete with ample counter space and cabinetry, making it a dream for those who love to cook and entertain. The primary suite offers a private retreat with a view including an en-suite bathroom with tiled walk in shower and soaking tub, plus a large walk in closet, providing a serene space with a view to unwind at the end of the day.
Outside enjoy a delightful constant breeze, large oak trees and a gently sloping lawn leading to a private dock with an 8000 lb. boat lift right on East Bay! Watch dolphins and ospreys, launch kayaks and paddleboards or fish for dinner from the dock of your private oasis. This is the best of FL waterfront living!
The ground level offers covered parking, a large storage room and an additional finished bonus space with full bath, currently used as extra sleeping room. There is room for a future elevator.
Situated in the desirable Holley Point area, this property promises a lifestyle of tranquility and convenience with easy access to the interstate and just a short distance from the stunning beaches of Navarre. This home would make a perfect primary residence, second home or vacation rental - the possibilities are endless.
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017