34 E Okeechobee
About This Property
Retreat to the 1st floor master suite featuring... a large walk-in closet and a large ensuite w/ a walk-in glass shower. The master suite also showcases an attached screened-in porch and convenient secondary carport access. This haven designed for relaxation is outfitted with plush seating for everyone - it's the perfect setting to sip evening cocktails, savor morning coffee, or simply unwind in the coastal breeze. Thoughtful design touches abound throughout, elevating the home's ambiance with understated luxury. As you walk the beautifully crafted wooden staircase, the rich grain and smooth finish guide you to the home's upper level where two beautifully appointed queen bedrooms and a stunning balcony, where breathtaking views of the surrounding landscape invite quiet mornings and golden sunsets. The loft/nook area - located at the top of the stairs - is a perfect place for an in-home office, bunk bed area, or kid's corner.
Sold Furnished - this is a dream come true!
Forest Lakes is a Tranquil, Gated Haven Along Scenic 30A...and NOTHING compares to it. It truly is where the beach meets the forest.
Tucked within one of 30A's most exclusive gated enclaves, Forest Lakes offers a rare blend of coastal sophistication and natural serenity. This thoughtfully designed community is perfectly positioned beside a peaceful lake and surrounded by thousands of acres of pristine state forest, creating an atmosphere of secluded luxury just moments from the heart of South Santa Rosa Beach.
Despite its tranquil setting, Forest Lakes is ideally located for those who crave both relaxation and connection. The sugar-white sands and emerald waters of the Gulf are just minutes away, with Gulfview Heights Public Beach Access conveniently close. Just steps to the west lies the vibrant Gulf Place Town Center, filled with upscale dining, boutique shopping, and live entertainment, while the charming beach town of Blue Mountain Beach sits just to the east.
At the heart of Forest Lakes is a lifestyle curated for leisure and connection. Residents enjoy a beautifully renovated two-tiered resort-style pool featuring a summer kitchen, cozy fireplace, and ample space for lounging in the Florida sun. Scenic walking trails weave through the neighborhood, while a lush central green space and stocked catch-and-release lake provide the perfect backdrop for peaceful mornings and golden-hour gatherings.
A covered pavilion with grilling stations sets the scene for alfresco dining and family barbecues, and a shaded playground invites the younger residents to explore and play. Additional amenities include a basketball court and direct access to the surrounding state forest for those seeking adventure in nature.
Forest Lakes isn't just a place to live - it's a sanctuary of refined coastal living, where every detail is designed to elevate the everyday into something extraordinary.
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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