GOLF MEMBERSHIP IS 100% OPTIONAL! New homeowners move to the FRONT
OF THE MEMBERSHIP WAITING LIST, and members enjoy NO ADVANCE TEE
TIMES REQUIRED! Fully Furnished & Turn-Key, this beautifully
maintained 4-bedroom, 2.5-bath home offers luxury, comfort and an
exceptional lifestyle with a spacious 2-car garage plus dedicated
golf cart garage. The light-filled, open-concept floor plan flows
seamlessly to an expansive screened lanai, perfect for relaxing or
entertaining. Major upgrades include a NEW $40,000 Boral barrel
tile roof (2023), completely reinforced and re-screened lanai
enclosure (2024), new garage door opener motors (2024), and new
refrigerator, range, washer & dryer (2025). Enjoy a
beautifully maintained home with outstanding upgrades and the
flexibility to experience the Hobe Sound Golf Club lifestyle on
your terms. Located within the prestigious Hobe Sound Golf Club,
residents enjoy an exclusive golf experience with limited
membership, no tee times, and a beautifully renovated Tom Fazio II
championship course. Exceptional dining, vibrant social events, and
an active club atmosphere complete the resort-style lifestyle, all
just minutes from Hobe Sound's pristine beaches, waterfront parks,
shopping, dining, and charming coastal attractions.
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.
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
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