8810 Brown Pelican Circle
About This Property
Welcome to 8810 Brown Pelican Circle, Navarre, FL-a stunning townhome located in the highly desirable Reserve Pointe community.
Situated just 4 miles from Navarre Beach, 13 miles from Hurlburt Field and just 36 miles from Pensacola Beach.
Reserve Pointe's amenities are designed to enhance lifestyle, with a resort-style swimming pool, a playground, and maintained landscaping. Whether you're cooling off at the pool or enjoying the nearby attractions, this community offers something for everyone. This beautiful townhome features wood-look vinyl flooring on the main level, blending durability with style. The kitchen is outfitted stainless steel appliances, granite countertops, a contemporary backsplash, and rich cabinetry. The open floor plan provides a bright and inviting living area, ideal for both relaxing and entertaining. A convenient half-bathroom is located on the main floor.
Upstairs, the spacious master suite is a private retreat, featuring an en-suite bathroom with a double vanity, granite countertops, and a walk-in shower. A second full bathroom, complete with a shower/tub combo, serves the other bedrooms.
The outdoor space includes a fully fenced backyard with a tropical palm tree, offering privacy and a relaxing atmosphere. Thoughtful upgrades, such as a water softener, storm doors, and a new back door with built-in blinds, ensure comfort and convenience.
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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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017