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575 Masters Way
About This Property
Spanning nearly 2,032 square feet of air-conditioned living space, this thoughtfully designed single-story home offers three spacious bedrooms and three full bathrooms. Inside, you'll be welcomed by soaring ceilings and porcelain tile flooring that flow seamlessly through the kitchen and family room. The chef's kitchen is the true heart of the home, featuring warm wood cabinetry, Corian countertops, a large island, stainless steel refrigerator, and ample storage perfect for both everyday living and entertaining. Sliding glass doors from the kitchen and family room open to your inviting outdoor oasis.
The private primary suite is a retreat of its own, showcasing two walk-in closets and sliding glass doors that lead directly to the pool area. The spa-like primary bath offers granite countertops, dual sinks, a soaking tub, and a walk-in shower for the ultimate in comfort and relaxation. The guest bedrooms are equally well appointed, each featuring custom built-in closets, while the guest bath impresses with a vessel sink and granite countertop, blending modern elegance with timeless style.
Step outside to your private patio and pool area, complete with an expansive deck ideal for relaxing or entertaining all while enjoying breathtaking views of the golf course, bridge, and sparkling water. Pool pump replaced in October 2025.
Residents of The Masters enjoy access to a community pool, playground, parks, jogging trails, and lush garden spaces. Perfectly located near upscale dining, The Gardens Mall, world-class entertainment, and premier shopping, with convenient access to I-95, the Florida Turnpike, and Palm Beach International Airport, this home offers the perfect combination of luxury, convenience, and resort-style 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%.
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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.
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.
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About PGA Resort Community
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017