Welcome to the crown jewel of Ocean Hammock--the largest oceanfront
estate on the 9th hole of the Jack Nicklaus Ocean Course. Spanning
4 levels with over 6,800 sq ft, this concrete coastal retreat
features rich travertine flooring, elevator access, and sweeping
ocean views. Level 1 offers a full bar, media room, fireplace
living area, generator, water filtration, and accessible suites.
Level 2 features 4 guest suites (2 oceanfront), a wet bar, and
laundry. Level 3 reveals a chef's kitchen with Sub-Zero/Wolf
appliances, expansive great room, and a half-moon lounge framing
panoramic vistas. The entire 4th floor is a primary sanctuary with
direct ocean views, executive office, laundry, and spa bath with
multi-spray rain shower.
Outdoors, enjoy direct beach access, an alfresco kitchen, firepit,
and neighbor-only pool. Features Apple Home, HOA landscaping,
updated HVAC, resealed pavers, and fresh paint. Optional Resort
membership adds golf, tennis, pools. Furnished negotiable.
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.
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 5
Interior Features: Breakfast Bar, Built-in Features, Pantry, Eat-in Kitchen, Elevator, Entrance Foyer, His and Hers Closets, Kitchen Island, Open Floorplan, Smart Home, Walk-In Closet(s), Wet Bar, Other, Guest Suite, Primary Bathroom - Shower No Tub, Split Bedrooms
Appliances: Other, Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Freezer, Gas Cooktop, Gas Range, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler
Flooring Type: Stone
Laundry Features: In Unit, Upper Level
Rooms: 3
Has Fireplace
Fireplace Features: Double Sided, Electric
Fireplaces: 2
Exterior Details
Square Footage: 6869
Square Footage Source: $0
Security Features: Fire Alarm, Fire Sprinkler System, Gated with Guard, Smoke Detector(s)
Architectural Style: Traditional
Year Built: 2018
Waterfront Features: Beach Access, Navigable Water, Ocean Access, Ocean Front
Building Area Total: 9125
Levels: Three Or More
Construction Materials: Block, Frame, Stone, Stucco
Patio and Porch Features: Rear Porch
Lot Features: On Golf Course, Other
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Square Feet: 6969.6
Water Source: Public
Financial Details
Tax Annual Amount: $28,370
Utilities Details
Cooling Type: Attic Fan, Central Air, Multi Units
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security, Water, Other
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