8883 SAINT KITTS CIRCLE
About This Property
** Welcome to one of Florida's best-kept secrets-**COCO BAY!** This is the **ONLY VILLA CURRENTLY AVAILABLE WITH A FULL LAKE VIEW** in sunny Englewood!
Located in a **BRAND-NEW, GATED, MAINTENANCE-FREE COMMUNITY with LOW HOA fees**, this beautiful **3-bedroom, 2-bath villa** offers the perfect combination of comfort, convenience, and Florida living. 10 years home warranty from Lennar (Structure) transferable.
Enjoy an incredible location just **5 miles from Englewood Beach** and approximately **13 miles from the beautiful white-sand beaches of Boca Grande**. Publix, Englewood Hospital, shopping, and some of the area's favorite local restaurants are all within approximately 5 miles.
Built with today's Florida homeowner in mind, this **NEWER HOME** features **HURRICANE IMPACT WINDOWS AND SLIDERS**, providing added peace of mind and a quieter interior.
Step inside to a bright, open-concept floor plan featuring an inviting **EAT-IN KITCHEN** with **shaker-style solid wood cabinetry, quartz countertops, stainless steel appliances**, and plenty of space for cooking and entertaining.
But the real showstopper is outside! Open the sliders to your **COVERED LANAI** and take in the peaceful **FULL LAKE VIEW**-the perfect setting for your morning coffee, evening relaxation, or simply enjoying the Florida lifestyle, plus you have room to build your private pool!
Additional features include a functional laundry room with **WASHER AND DRYER INCLUDED**, reclaimed-water irrigation, and a spacious **2-CAR GARAGE WITH EPOXY FLOORING**.
Coco Bay residents also enjoy a fantastic **AMENITY CENTER JUST STEPS FROM YOUR DOOR**, featuring a **RESORT-STYLE POOL, PICKLEBALL COURTS, BOCCE BALL, PARK, FITNESS CENTER**, and more.
If you've been searching for a **MAINTENANCE-FREE, GATED COMMUNITY near Florida's beautiful Gulf beaches with a FULL LAKE VIEW**, this is one you won't want to miss.
**Come see the view for yourself-schedule your private showing today!***
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017