THIS HOME IS BEING OFFERED TURN-KEY FURNISHED - Available for
immediate move-in! Financing is AVAILABLE NOW that the roofs have
been replaced! Discover the perfect blend of comfort, style, and
MAINTENANCE-FREE living at its best, in this stunning townhome
nestled in the highly desirable and AMENITY RICH community of Palma
Sola Trace. From the moment you enter, you'll be greeted by an
abundance of NATURAL LIGHT that fills the bright and airy main
living area. Plus, this unit has been GENTLEY USED for only THREE
MONTHS each year, ensuring it's in pristine condition. NEWLY
PAINTED walls and BRAND-NEW plush CARPET invite you to unwind in a
space that feels both FRESH and inviting. Perfect for EFFORTLESS
ENTERTAINING, the OPEN-CONCEPT great room seamlessly blends into
the well-appointed kitchen. With AMPLE cabinet and counter space,
this kitchen is as functional as it is stylish, making meal
preparation and hosting a delight. The living room extends to a
spacious SCREENED-IN patio, where you can sip your morning coffee
or enjoy evening breezes while taking in serene views of the
peaceful pond-a perfect setting for relaxation. The OVERSIZED
Owner's Suite is a true sanctuary, featuring large windows that
bathe the room in natural light, a GENEROUS walk-in closet, and an
ensuite bathroom with a LUXURIOUS GLASS enclosed walk-in shower.
The second bedroom is also spacious, offering easy access to a
JACK-AND-JILL bathroom, ideal for guests or family members.
Additional features include convenient hall closets for EXTRA
STORAGE and HURRICANE SHUTTERS for added peace of mind. A standout
feature of this home is your own PRIVATE one-car garage with direct
access to your unit, offering both parking and extra storage-a rare
find for a condo of this size and price. Palma Sola Trace is
a community that truly HAS IT ALL. Just a few miles from the sandy
shores of Anna Maria Island and the prestigious IMG Academy, this
prime location offers the best of both worlds-proximity to the
beach and access to world-class facilities. The community itself is
rich in amenities, including a resort-style heated pool, a
state-of-the-art fitness center, a welcoming clubhouse, a walking
trail, a sun deck, and a playground. Pets are welcome, and the
community permits three-month rentals, providing an excellent
opportunity to help offset carrying costs. Fully turnkey furnished
and move-in ready, this townhome offers a lifestyle of ease and
luxury. Whether you're looking for a year-round residence, or a
vacation home; this is your chance to own a piece of paradise in
one of the most sought-after communities in the area. Don't miss
out on this incredible opportunity, come see it today! We promise
you'll never want to leave.
Unit Size
1,228 Ft²
Days on Market
100 days
Land Size
1.30 acres
Price per sqft
$239
Property Type
Condo
Property Taxes
$259
HOA Dues
$130
Year Built
2008
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
ExpensesPer Year
Operating ProfitPer Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017