57 Flagler DRIVE
About This Property
The lower level is a versatile space with a bonus room with new AC split featuring a kitchenette equipped with a refrigerator, microwave, sink, and stainless steel prep table. The room's new epoxy flooring opens up possibilities for a gym, pool house, man cave, or a flexible living area, limited only by your imagination. Get creative with what is now an additional large storage room, but also affords immense possibilities. Additionally, a split 2-car garage with epoxy flooring provides ample space for storage and convenience.
Ascend to the upper level where luxury vinyl plank flooring, freshly painted walls, new baseboards, and door trim create an elegant living space. The kitchen is a chef's delight with granite countertops, new appliances, and a convenient island for meal preparation and entertaining. The primary bedroom is a tranquil retreat featuring a custom walk-in closet and a newly renovated bathroom with a dual vanity, driftwood accent wall, and a spacious walk-in tile shower. Three more bedrooms, two of which offer custom closet designs and access to the wrap-around balcony showcasing mesmerizing ocean views, provide comfort and privacy for family or guests. One of these guest bedrooms could easily be used a secondary master due to the suitable en suite it provides. The all newly renovated bathrooms on this level also boast walk-in tile showers and include a new front load washer and dryer for added convenience.
This home embraces modern technology with six, brand new high-impact slider doors, two of which feature Hunter Douglas motorized top-down blinds, ensuring both security and style. It's a smart home with a Ring doorbell, Blink cameras, Nest thermostat, fire and smoke detection systems, Smart TVs, and ATT fiber internet with WiFi coverage throughout. Outside, your private oasis awaits with a saltwater pool, fully fenced for privacy, surrounded by a new paver patio and a motorized Sunsetter awning for comfortable outdoor living.
Additional upgrades include a brand new septic tank, new sod, textured pavers replacing the concrete driveway, new gutters, and a new PVC outside shower with hot and cold water. The community of Marineland Acres has also seen significant improvements, with newly paved roads, a new water main, drainage system upgrades, and a 5-year dune mitigation plan for Flagler County, ensuring a secure and environmentally conscious neighborhood.
Don't miss the opportunity to own this coastal haven - with a perfect blend of modern amenities and beachside charm. Schedule your showing today and start living the seaside lifestyle you've always dreamed of!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017