540 S PINE MEADOW DRIVE
About This Property
Inside, you're met with timeless style with ENGINEERED HARDWOOD FLOORING, a DOUBLE-SIDED GAS FIREPLACE that anchors the living spaces, and an open and spacious kitchen featuring a BUILT-IN INDOOR COOKING GRILL, recessed lighting, and seamless flow for entertaining. The home is equipped with premium systems including a GUARDIAN WHOLE-HOUSE GENERATOR, CENTRAL VACUUM SYSTEM, WHOLE-HOUSE WATER SOFTENER, and WELL IRRIGATION SYSTEM-keeping utility costs low while maximizing convenience. Outdoor living shines with a private back porch plumbed for a future summer kitchen, wired for a hot tub, and overlooking the fairway for tranquil mornings and sunset evenings. Hurricane protection is already in place with precut plywood for all windows, offering peace of mind.
This home has had all major systems extensively updated. Major improvements include a NEW A/C (2023), ROOF (2019), ELECTRICAL SUB-PANEL (2024), and HOT WATER HEATER (2024). In 2025 alone, the owners completed a long list of upgrades: NEW WASHER, DRYER, MICROWAVE, GARBAGE DISPOSAL, GARAGE DOOR MOTOR, STORM FRONT DOOR, CUSTOM CALIFORNIA CLOSET SYSTEM in the primary suite, refreshed flooring in Bedroom 4, fresh paint in Bedroom 3, kitchen ceiling paint with new recessed lighting, serviced irrigation system, trimmed trees, and a whole-home propane tank refill valued at $900.
A-rated local schools and a central location between Orlando and Daytona Beach-just an hour from world-class theme parks and beautiful beaches-complete the picture. This is a rare opportunity to own a move-in-ready golf-front home where quality, comfort, and location come together effortlessly. Schedule your showing today!
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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%.
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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.
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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.
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About Glen Abbey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017