3124 Us Highway 441 SE #H7
About This Property
Welcome to the epitome of lakeside living in this thoughtfully designed 1-bedroom, 1-bathroom condominium gracing the shores of Lake Okeechobee. This property seamlessly combines modern comfort, natural beauty, and investment potential.
Property Highlights:
Completely Renovated: Enjoy the freshness of this fully renovated unit with a contemporary flair, featuring fresh paint and brand-new vinyl flooring.
Fully Furnished: Whether you're moving in or seeking immediate rental income, this condo comes fully furnished, making your transition seamless.
Abundant Amenities: Dive into the lifestyle with a community pool, tennis courts, boat storage, a basketball court, a boat ramp, and a boat dock – all at your disposal, perfect for lake enthusiasts.
Convenience and Security: Benefit from a designated private parking space and the added security of being on the upper floor. The complex is meticulously maintained for peace of mind.
Nature's Embrace: Towering oak trees create a serene park-like setting, providing both shade and an idyllic atmosphere.
Financial Simplicity: Monthly dues encompass water, sewer, lawn maintenance, and building insurance, simplifying your financial obligations. Currently tenant occupied, this unit generates income, making it an attractive investment opportunity.
Additional Features:
Rental Flexibility: There are no restrictions on short-term or long-term renting, giving you the freedom to cater to a diverse range of tenants and income streams.
Pet-Friendly: The condo welcomes pets without limitations, ensuring all members of the family can enjoy the surroundings.
Modern Comfort: Hurricane impact windows, a smart thermostat, and a Ring camera ensure modern comfort and security.
Investment Opportunity: The owner offers a unique opportunity for investors, with multiple units available and a willingness to negotiate a package deal.
Ideal Location:
Situated on the serene shores of Lake Okeechobee, this condo provides not just a comfortable home but also access to a multitude of outdoor activities. Boating, fishing, water sports – they're all at your doorstep. Immerse yourself in the serene lake views and the natural beauty of Florida.
Seize this exceptional opportunity to own a stylish, fully furnished condo in a prime location. Whether you're seeking a starter home, a retirement escape, or a savvy investment, this unit is primed to deliver. It's time to embark on your lakefront adventure – inquire today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Sep 30, 2023 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Price Decreased |
$170,000
↓ $15K
(8.1%) | |
| Price Decreased | |||
| Sep 9, 2023 | Price Decreased |
$185,000
↓ $14K
(7%) | |
| Price Decreased | |||
| Sep 4, 2023 | Listed by COLDWELL BANKER/BERGER REAL ES | $199,000 | |
| Listed by COLDWELL BANKER/BERGER REAL ES | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2023
|
1 Bed
|
1 Bath
|
680 ft²
|
$159,900
1 Bed
1 Bath
680 ft²
|
-
-
|
Sandra Ballantyne
RE/MAX Prestige Realty/RPB
| |
|
09/04/2023
|
1 Bed
|
1 Bath
|
680 ft²
|
$199,000
1 Bed
1 Bath
680 ft²
|
$170,000
-14.57%
10/06/2023
|
A. Cristie Schmidt
COLDWELL BANKER/BERGER REAL ES
| |
|
09/04/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$235,000
2 Bed
1 Bath
1000 ft²
|
$186,000
-20.85%
11/30/2023
|
A. Cristie Schmidt
COLDWELL BANKER/BERGER REAL ES
| |
|
07/30/2021
|
1 Bed
|
1 Bath
|
680 ft²
|
$65,000
1 Bed
1 Bath
680 ft²
|
$65,000
09/03/2021
|
Ethan Hales
RED GATOR REAL ESTATE
|
Building Info
About Taylor Creek
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 1 Bed
- 2 Baths
- 1,088 ft²
$1,050 /mo
- 1 Bed
- 1 Bath
- 650 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017