3112 Grayson Drive
About This Property
The spacious floorplan features tile flooring throughout, three full bathrooms (including a Jack & Jill bath and a primary ensuite with a walk-in shower), 3 solar tubes for natural light, and an interior laundry room with Maytag washer & dryer. The kitchen is equipped with new stainless steel KitchenAid & LG appliances, for cooking and entertaining.
The epoxy-coated garage includes a utility sink and ample storage, and the home's thoughtful upgrades make daily living effortless. Well maintained and truly move-in ready, this is the Heritage Isle lifestyle at its best! Heritage Isle is known for offering one of the most complete resort-style lifestyles in Viera, and this home is perfectly positioned to take full advantage of it. Residents enjoy an active, friendly community with year-round events, clubs, fitness classes, and social gatherings, making it easy to meet neighbors and stay engaged. The clubhouse is just a short walk from the home, yet the property is tucked into a peaceful stretch of Grayson Drive, offering quiet surroundings and lush scenery.
The home's thoughtful layout provides both comfort and functionality, with generously sized bedrooms, ample storage, and wide, open living spaces ideal for entertaining or everyday living. The screened lanai creates a seamless indoor-outdoor feel, providing a private retreat surrounded by tropical landscaping. Between the newer systems, well-kept finishes, and solid block construction, the home offers low-maintenance peace of mind for years to come.
Heritage Isle's location is one of its greatest advantages, minutes to The Avenues of Viera, top-rated healthcare and hospitals, I-95, golf courses, dining, and Viera's vibrant town center. Beaches, parks, and nature preserves are only a short drive away, allowing you to enjoy Florida's outdoor lifestyle while coming home to a calm, secure, and beautifully maintained community.
Whether you're looking for an active lifestyle, a serene retreat, or the perfect blend of both, this home offers exceptional value in one of Viera's premier 55+ communities.
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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 Heritage Isle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017