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8551 LA ISLA DRIVE
About This Property
Roof installed on 2017! Welcome to an exceptional vacation home in the sought-after gated community of Emerald Island Resort. This spacious 7-bedroom, 5.5-bathroom villa offers more than 3,100 square feet of air-conditioned living space and combines comfort, privacy, and resort-style amenities in one impressive property.
One of the home's standout features is its southwest-facing private pool and spa, positioned to overlook a peaceful conservation area. The extended pool deck and covered lanai provide the perfect setting to relax, entertain, or enjoy breathtaking Florida sunsets with no rear neighbors.
Inside, the home is thoughtfully furnished and designed with vacation living in mind. The generous floor plan provides plenty of room for families and larger groups, while the upgraded kitchen appliances and turnkey furnishings make the property ready to enjoy as a personal getaway or operate as a short-term rental investment.
Beyond the home, Emerald Island Resort offers an impressive collection of amenities. Residents and guests have access to a clubhouse featuring a resort-style pool, hot tub, sauna, fitness center, internet/cyber room, and video arcade. Outdoor amenities include a Tiki bar, multiple playgrounds, sand volleyball, tennis facilities, and a scenic nature trail. The community also features 24-hour gated security, adding an additional level of convenience and peace of mind.
With its spacious layout, private pool and spa, conservation views, desirable southwest exposure, and extensive resort amenities, this property presents an outstanding opportunity to own a vacation home in one of the area's popular resort communities.
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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%.
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2026 | Sold | ||
| Sold | |||
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by LA ROSA REALTY LLC | $510,000 | |
| Listed by LA ROSA REALTY LLC | |||
| Jul 8, 2017 | Listed | $369,950 | |
| Listed | |||
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This Palm Harbor type home located within Emerald Island Resort is being offered fully furnished and in superb overall condition. This home must be one of the best income producing homes across the community with occupancy consistently above 70% and gross annual income up to over $92,000 USD! The fabulous southwest-facing pool overlooks conservation which affords great views and spectacular evening sunsets. Located on the exclusive resort of Emerald Island on the enclave, this tastefully appointed and spacious, executive villa has seven bedrooms, five bathrooms (+ one half bathroom) and over 3,100 square feet of useable space under A/C. Tranquil views over conservation can be enjoyed from the extended deck and covered lanai or from the over-sized pool with adjoining heated spa. This tastefully-styled and furnished home is equipped with upgraded kitchen appliances and is turnkey ready for use as a vacation rental or secondary home. The gated resort-style community of Emerald Island is an attraction itself. The clubhouse has a pool, hot tub, sauna, fitness room, cyber Internet room, 24-hour gate guard security and a video arcade. There is even a Tiki bar outside on the pool deck, numerous playgrounds, a sand volleyball court, tennis center and a nature trail to enjoy. The manager has listed the unit size as 3123 square feet.
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| Jun 16, 2005 | Sold | ||
| Sold | |||
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About Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017