A true resort home on a large, premium pie shaped lot, with high
privacy values, this 3/2,5/2 awaits a new owner. Location.
Location. Location. Deepest part of cul de sac, bordering a
deep preserve. Expansive back patio with marble decking and
large heated pool and spa. The property has been lovingly
maintained and totally updated. Floors are 36" porcelain tile
throughout. High 10' ceilings with crown moulding. Kitchen
features premium blue tinted quartz island and counters, newer SS
premium appliances, tiled backsplash with relaxing Family Room and
informal dining space adjacent Formal DR with tray ceiling
and brilliant sparkling chandelier. All bathrooms updated with
elevated vanities. All Windows dressed with premium cloth
shades allowing the interior to be imbued w soft light. Front door
is custom made impact etched Italian glass. Extra
refrigerator in garage. Bedroom 3 has a private herb courtyard.
The large yard is fully fenced for security of pets and
children and planted with numerous fruit trees. HOA is known for
good management, and includes all landscaping, front and back,
irrigation, 24/7 staffed gate, security patrols and monitored
in-home security, CATV and WiFi, and resort clubhouse with well
equipped fitness center, saunas, heated pool, spa, illuminated
tennis, billiards, and community room for use of residents. There
is even a private road to Publix plaza. Andros Isle is convenient
to airport, turnpike, downtown WPB, Wellington, Cinema,
restaurants, and medical facilities.
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, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
Flooring Type: Marble, Other
Laundry Features: Inside, Main Level, Laundry Room, LaundryTub
Rooms: 7
Exterior Details
Square Footage: 1822
Square Footage Source: $0
Security Features: Security System Owned, Security System, Security Gate, Gated with Guard, Gated Community, Security Guard
Property Condition: Resale
Architectural Style: Traditional
Year Built: 2002
Waterfront Features: None
Building Area Total: 2399
Levels: One
Other Structures: None
Window Features: Shutters, Sliding
Construction Materials: Block, CBSConcreteBlockStructure
Patio and Porch Features: Covered, Deck, Patio, Screened
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