43
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501 Forestview Drive
About This Property
Set on one of the largest lushly landscaped lots, this villa needing minor cosmetic updates provides a tranquil setting for relaxation and outdoor enjoyment. Its prime location, close to the community pool & tennis allows residents to easily take advantage of all the amenities this highly sought-after neighborhood has to offer.
A lifestyle like no other in the City of Atlantis. The City of Atlantis offers a unique, non-mandatory fee country club lifestyle that is second to none. With two award-winning golf courses, this private enclave is perfect for those seeking both recreation and relaxation. Residents enjoy a year-round calendar of vibrant community events, including the popular Spring Fling in April, an Independence Day fireworks celebration, a festive Halloween party, a Christmas golf-cart parade, and even a traditional Christmas tree burning in early January.
The city's Kintz Park provides an array of recreational options, from tennis, pickleball and basketball courts to a charming pavilion for events. For families, the park's water features offer hours of fun and enjoyment for children of all ages. With its own city hall, police department, and proximity to Palm Beach International Airport, Atlantis is a true gem for both full-time residents and seasonal homeowners.
Whether you're looking for a serene getaway or an active, social community, this villa and its location offer the ideal setting to enjoy the best of South Florida living.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Lang Realty/Delray Beach | $524,000 | |
| Listed by Lang Realty/Delray Beach | |||
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Pride of ownership shines through in this meticulously maintained villa nestled in the heart of the prestigious City of Atlantis. This charming villa located in a 55+ section offers a perfect blend of comfort, style, and sophistication. Impeccably maintained, the home showcases fine architectural finishes throughout, including solid wood cabinetry, elegant granite countertops, and a seamless combination of neutral tile and wood flooring in the main living areas. The thoughtful split-floor plan creates an expansive feel, with a spacious primary suite, a versatile den, and a private secondary bedroom--ideal for guests or a quiet retreat.Set on one of the largest lushly landscaped lots, this villa needing minor cosmetic updates provides a tranquil setting for relaxation and
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| Feb 26, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017