7908 Ambleside Way
About This Property
Spectacular one level pool home in Smith Farm, an 80 acre development comprised of lakes, cypress preserves, and 8 acre park, 1242 homes and over 6 miles of sidewalks. Premier lot location with NO REAR NEIGHBORS! Home backs to park. This home is now available for sale - currently rented with tenant in place (call for details).
Smith Farm development is a gated community with two entrances. The main gate located off Hypoluxo Road is manned 24 hours a day. Each entrance is monitored by video surveillance and roving patrols. The 8 acre park has two pools (main pool includes a spa and kiddie pool. Secondary pool includes a splash pad for younger children), fitness center, tot-lot, basketball courts, tennis courts, racquetball courts, screened patio Pavilion, and softball field/soccer field - all included in your low monthly maintenance.
NOTE: Smith Farm Master HOA - Michele Barkman or Carole Shapiro at onsite office at Smith Farm Park. Visit website (www.smithfarm.org) for all details on Smith Farm Development and Master HOA. For all Master HOA documents go to https://www.smithfarm.org/ResourceCenter/35741/Resource-Center
NOTE: Bridlewood HOA - Javier Parada at Associated Property Management, 8135 Lake Worth Road, Lake Worth, FL 33467, for all Bridlewood Documents, information, application to purchase
There are two associations - 1) Smith Farm Master HOA (Michele Barkman or Carole Shapiro) and 2) Bridlewood HOA (managed by Associated Property Management through Javier Parada). No renting for first year of ownership. Buyer approval to purchase required - buyers must make application to HOA (estimated at $100 - awaiting confirmation exact amount). Buyer to verify pet restrictions, vehicle restrictions, rules & regulations
Upgrades/Improvements (per Owner):
* 9/10/2010 - New Roof with T.U. Plus secondary water barrier
* Tile throughout all living areas
* Accordion shutters on all openings except front door and Kitchen
Bay window which has panels)
* Removable child pool fence
* 2020 - New Kitchen Faucet
* 9/2019 - Pool pavers reset
* 6/2018 - Pool pump installed
* 5/2018 - Domed pool enclosure rescreened
* 7/2016 - New Microwave
* 2016 - Garage Door Opener
* 2010 - Updated bath lights, updated bath faucets,
Upgraded both bath cabinets
Large baseboards in main living areas
* 7/2007 - New A/C
Home sold AS-IS. Great opportunity to have it all - Pool home on Premier lot with no rear neighbors.
Buyer solely responsible to verify all information, room sizes, etc. Sq. ft. taken from tax rolls.
* Note: Offering subject to errors, modifications, change in price or withdrawal without notice. Tenant occupied currently-call for details. Buyer solely responsible to verify all information.
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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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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2021 | Sold | ||
| Sold | |||
| Mar 22, 2021 | Listed by A & V Realty Inc. | $425,000 | |
| Listed by A & V Realty Inc. | |||
| Mar 1, 2021 | No longer available | - | |
| No longer available | |||
| Jan 8, 2021 | Listed by A & V Realty Inc. | $409,900 | |
| Listed by A & V Realty Inc. | |||
| May 24, 2002 | Sold | ||
| Sold | |||
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