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616 EMERALD LANE
About This Property
Inside, sophisticated coastal elegance meets modern comfort with extensive renovations, all-new hurricane-impact windows, heavy-duty sliding glass doors, and beautiful plantation shutters in every room. Significant improvements include a metal roof and air-conditioning system, both approximately two years old. Lush tropical landscaping, a dedicated irrigation system, and elegant landscape lighting surrounding the home create an inviting atmosphere day and night.
Designed for effortless indoor-outdoor living, the private pool and expansive waterfront setting provide the perfect backdrop for entertaining, relaxing, or enjoying breathtaking Florida evenings. Boating enthusiasts will appreciate the convenience of their own private dock and 10,000-pound lift, making days on the water an everyday luxury.
Located just moments from the Key Royale Club, a private golf and social club offering membership opportunities, and minutes from Anna Maria Island's world-famous sugar-white beaches, waterfront dining, and boutique shopping.
An extraordinary combination of luxury, location, and waterfront lifestyle. Welcome to your own piece of paradise at 616 Emerald Lane!
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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 Holmes Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017