Under contract-accepting backup offers. Discover a distinctive take
on Florida living in this impressive St. Barts residence in
Latitude Margaritaville, Daytona Beach. Offering three bedrooms,
three full baths and approximately 2,430 square feet, this home
pairs thoughtfully designed interiors with an outdoor setting made
for enjoying the sunshine. Positioned on a corner lot with peaceful
pond views, the property offers an inviting combination of privacy,
comfort and entertaining space. The outdoor living area is a
destination in itself, with a private swimming pool, cascading
waterfall, separate hot tub and upgraded tiled lanai, creating the
perfect backdrop for leisurely afternoons and evenings with
friends. Indoors, carefully selected upgrades bring style and
function together, while the spacious kitchen features enhanced
finishes and a double oven for effortless meal preparation and
entertaining. An unexpected hidden bonus space, cleverly integrated
behind a decorative accent wall, provides flexibility for a home
office, reading nook, hobby room or personal retreat. The three-car
garage offers additional versatility with an air-conditioned
fitness area while preserving room for all three vehicles. Life in
Latitude Margaritaville extends well beyond home, with a vibrant
55+ community centered on recreation, connection and fun. Residents
can enjoy resort-style pools, fitness facilities, a restaurant and
bar, live entertainment, tennis, pickleball, bocce, trails and a
variety of clubs and social activities. The community's oceanfront
Beach Club adds another opportunity to enjoy Florida's coastal
lifestyle. Convenient for shopping, dining, golf and entertainment,
Daytona Beach International Airport and the area's beautiful
Atlantic beaches, this property offers an opportunity to enjoy a
home that feels like a private getaway within one of the area's
most sought-after active-adult communities. Make room for more
sunshine, more entertaining and more of the lifestyle you've earned
in Latitude Margaritaville, Daytona Beach.
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.
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