Experience the ease of brand-new, single-story living at 349
Geillis Path, ideally situated within The Enclave at Sherwood, an
intimate gated community in the heart of Delray Beach. Set along a
tranquil lake, this beautifully designed residence offers 3
bedrooms, 2.5 baths, 2,099 square feet of contemporary living space
and more than $100,000 in thoughtfully selected upgrades. The
open-concept layout, elevated finishes and extensive enhancements
create a home that feels sophisticated, comfortable and truly
move-in ready. The Enclave at Sherwood offers the rare
opportunity to own new construction without sacrificing convenience
or location. Its collection of single-story residences provides
comfortable living without stairs, while the gated setting offers
added privacy. Owners can enjoy the modern design, energy
efficiency, peace of mind and lower-maintenance appeal associated
with a newly built home, without the time, uncertainty and added
expense of purchasing and renovating an older property.
Located just minutes from Downtown Delray Beach and vibrant
Atlantic Avenue, residents enjoy convenient access to acclaimed
restaurants, boutiques, galleries, nightlife and year-round
community events. Delray Beach's beautiful coastline, everyday
shopping, major roadways and surrounding South Florida destinations
are also easily accessible. Combining brand-new lakefront living,
more than $100,000 in upgrades, a private gated setting and
exceptional proximity to downtown, 349 Geillis Path presents a rare
opportunity in one of Delray Beach's most convenient locations.
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.
Here's your opportunity to own in the highly desired Enclave of Sherwood! This immaculate 2024 home features 3 bedrooms and 2.1 baths. This property showcases over $100,000 in upgrades, including wood-like tiles throughout, enhanced tile work in the bathrooms and kitchen, fresh paint, and a covered patio. The impressive gourmet kitchen is equipped with a spacious island offering extra storage and seating, a large pantry, and a gas range. The expansive primary suite features two walk-in closets, dual sinks, an oversized shower, and a convenient passthrough to the laundry room. The second bedroom is thoughtfully separated for privacy, includes a walk-in closet, and features an ensuite bath. The third bedroom, currently utilized as a den, boasts double doors, a walk-in closet, and
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Open
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), BreakfastArea, DualSinks, LivingDiningRoom, SplitBedrooms, SeparateShower
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