$287,000
●
House -
Off Market
8219 Damascus Drive
Palm Beach Gardens, FL 33418
3 Beds
2 Baths
1,677 Ft²
$731,432
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model
About This Property
A hidden treasure waiting for you to see this single story 3/2/2
home sitting on over 1 acre of land with a fenced in ground pool
and a canal large enough for boat enthusiasts located in the gated
community of Horseshoe Acres. This home is bright with large
windows and sliders and has upgraded wood laminate floors
throughout. Master bedroom has enormous walk in closet, two large
windows and an on suite bathroom with shower, new cabinets and
tile. Two additional split bedrooms also have large closets and
lots of light, share a cabana bathroom. The kitchen has newer
cabinets, tons of storage including a pantry and counter space.
While at the double stainless steel sink you can enjoy the view of
the backyard and pool. The 24'x14' family room is off the ki...
(see supplement for full remarks A hidden treasure waiting for you
to see this single story 3/2/2 home sitting on over 1 acre of land
with a fenced in ground pool and a canal large enough for boat
enthusiasts located in the gated community of Horseshoe Acres.This
home is bright with large windows and sliders and has upgraded wood
laminate floors throughout. Master bedroom has enormous walk in
closet, two large windows and an on suite bathroom with shower, new
cabinets and tile. Two additional split bedrooms also have large
closets and lots of light, share a cabana bathroom. The kitchen has
newer cabinets, tons of storage including a pantry and counter
space. While at the double stainless steel sink you can enjoy the
view of the backyard and pool. The 24'x14' family room is off the
kitchen with a slider out to the covered screened patio. Roam your
property and enjoy another open patio near the canal. A newer
washer and dryer are located in the 2-car garage that has a window.
Both the front and garage doors are new. Neutral colors throughout
on the knock-down walls and ceilings. Only the master bedroom has a
cooler color wall. Engineer plans for expansion are on the kitchen
counter to see other possibilities for this fabulous home. This
property is close to major highways, airports, beaches, shopping,
entertainment and top rated schools. For horse lovers, there is
more than 3 miles of equestrian trails.
Unit Size
1,677 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$191
Property Type
House
Property Taxes
$414
HOA Dues
$33
Year Built
2016
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Beaches MLS #R3247677)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2021 | Sold | ||
| Sold | |||
| Nov 2, 2020 | Listed by Realty Home Advisors Inc | $1,125,000 | |
| Listed by Realty Home Advisors Inc | |||
| | |||
|
New in 2016, superior quality, custom built home on a landscaped, 1.15 acre, cul de sac lot, flanking an interior waterway with dock and offering exceptional privacy in a quiet, gated community, Horseshoe Acres. The impressive exterior facade, circular driveway and beveled glass double doors create a striking entrance into top of line craftmanship with custom crown molding throughout, 12' & 14' ceilings, upscale, wide plank wood-look porcelain flooring in the main areas and Bruce hardwood in the bedrooms. The gourmet white kitchen with prep island and breakfast bar offer stunning granite counters, soft close cabinets, double wall ovens and a whole house Kinetico water filter! The spacious master suite with generous closets and a oversized master bath with a tankless hot water heater, deep jetted tub, separate shower, and double vanities. For hurricane protection, all exterior doors are impact resistant glass & windows are vista 8 mil hurricane impact coated film with UVA, UVB and privacy. This custom home is filled with extra benefits from this partial list of special features: All LED recessed lighting, central vac, high efficiency irrigation system using canal water, roof peaks with grounded lightening rods, neutral paint throughout, 2 zone A/C, ceiling fans, all windows offer blinds and shades, professional exterior landscape lighting, flat cement tile roofing This home has been stubbed out for both a pool and a guest house!!
| |||
| Aug 27, 2020 | No longer available | - | |
| No longer available | |||
| May 30, 2020 | Relisted | $1,295,000 | |
| Relisted | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Horseshoe Acres
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Listed by: Eric C Pruitt
Keller Williams Realty/P B
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R3247677
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Keller Williams Realty/P B
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R3247677
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