Welcome to your private tropical retreat! Nestled on an oversized
deep corner lot, this pristine, move-in-ready home is surrounded by
mature native palms, ficus trees, avocado trees, and lush flowering
landscaping, creating exceptional privacy with a glimpse of the
golf course. Enjoy mornings on the full-length screened patio
overlooking the sunrise. Inside, the redesigned gourmet kitchen
features quartz countertops, a glass backsplash, and premium
appliances. Soaring ceilings, updated lighting, soft
Florida-inspired pastels, a new roof, new well irrigation, and
newer A/C systems complete this bright, welcoming home-perfect for
year-round living or a vacation getaway. A must-see!
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.
HOA/Condo/Coop Amenities: Basketball Court, Cabana, Clubhouse, Dog Park, Fitness Center, Golf Course, Gated, Management, Pool, Spa/Hot Tub, Security, Tennis Court(s), Trail(s), BocceCourt, Library, Pickleball, PuttingGreens, Restaurant
HOA Fee: $4,498
HOA Fee Frequency: Quarterly
Building Info
Overview
General
Year Built:
1984
Effective Year Built:
1984
Building Count:
1
Total Rooms:
3
Bedroom Count:
3
Bathroom Count:
2
Full Bathrooms:
2
Partial Bathrooms:
2
Building Condition:
6
Building Quality:
7
Construction Type:
6
Building Style:
0
Exterior Walls Type:
18
Interior Walls Type:
3
Roof Shape Type:
7
Roof Cover Type:
4
Floor Count:
100
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
688
Parking Space Count:
2
Patio Type:
59
Porch Type:
102
Pool Type:
0
Dimensions
Lot Size Square Feet:
27,007
Total Building Area:
3,060
Gross Building Area:
3,060
Building Area:
2,372
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
3
Heated Square Feet:
2,372
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
MARINER SANDS
Land Acres:
0000000620
Standard Land Use Code:
1001
County Land Use Code:
0100
State Land Use Code:
01
Legal Description 1:
LOT 1 BLOCK R MARINER SANDS PLAT NO 3 ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 9 PAGE 18 PUBLIC RECORDS MARTIN COUNTY FLORIDA
Neighborhood
School District Name:
Martin County School District
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