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31569 Avenue D
About This Property
Discover the ultimate Florida Keys lifestyle in this stunning new construction waterfront home featuring 4 spacious bedrooms and 3 beautifully designed bathrooms. Located directly on the water, this exceptional property offers direct ocean access and a private boat dock, making it the perfect retreat for boating, fishing, and enjoying everything the Keys have to offer.
The home features a versatile boat loft, providing additional space for storage, watercraft equipment, or recreational use. Designed with modern living in mind, the open-concept layout offers spacious living areas, abundant natural light, and seamless indoor-outdoor living.
Step outside and enjoy your private waterfront setting, where you can launch your boat directly from your own dock and head out to the open waters. Whether you're looking for a full-time residence, vacation home, or investment property, this rare combination of new construction, private dock, direct ocean access, 4 bedrooms, 3 bathrooms, and boat loft makes this property an exceptional opportunity in the Florida Keys.
Live where others vacation-your Keys lifestyle starts here!
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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