Imagine slow mornings on the screened patio, evenings gathered
around the kitchen island, and weekends enjoying the best of
Boynton Beach. Set on an oversized corner lot in gated Nautica,
this beautifully maintained 3-bedroom, 2.5-bath home offers 2,179
square feet of living space, an upstairs loft, and an attached
two-car garage. With only one directly adjoining neighbor and a
roof replaced in 2023, the home pairs an appealing setting with a
valuable recent improvement. Step through the covered entry into a
light-filled living room where soaring ceilings and an open
staircase create a memorable first impression. Separate formal
living and dining rooms offer space for celebrations and dinner
parties, while the comfortable family room adjoining the kitchen
invites relaxed evenings at home. Wood cabinetry, granite
countertops, a center island, fingerprint-resistant stainless steel
appliances, and a sunny breakfast area make the updated kitchen a
natural gathering place. Tile and luxury vinyl plank flooring
complement the downstairs living areas. Upstairs, the
primary suite includes a walk-in closet, and two additional
bedrooms provide space to make your own. The versatile loft can
become a reading retreat, home office, lounge or enclose it in to
make a 4th bedroom. An interior laundry room adds everyday
convenience. Outside, the covered, screened patio invites
morning coffee, leisurely meals, and time to unwind overlooking the
landscaped yard. The spacious corner lot offers room for a pool,
creating the opportunity to bring your own outdoor vision to life.
Partial accordion shutters add storm protection. Enjoy
Nautica's heated community pool, tennis and basketball courts,
playground, and sidewalks, with an HOA fee listed at $205 per month
and no required membership fee. Beyond the gates, explore
shopping and dining along Congress Avenue and at Renaissance
Commons, plan a beach day at Oceanfront Park, or enjoy waterfront
dining at Boynton Harbor Marina. From a casual lunch out to an
afternoon by the ocean, this location puts Boynton Beach's coastal
experiences within reach-then welcomes you home to space, comfort,
and a setting you can make your own.
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.
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