Rare opportunity to own one of only 38 single-family homes in the
resort-style community of Ocean Village! This beautifully
maintained one-level, CBS home features an open, light-filled
floorplan, high ceilings, and stunning views of the 4th hole,
tranquil ponds, and spectacular sunsets. The kitchen boasts quartz
countertops, Bosch dishwasher & stainless appliances, gas cooktop,
ample cabinetry, and an eat-in breakfast area. Upgrades include a
BRAND-NEW ROOF, impact windows, generator, and a renovated guest
bath. The spacious primary bedroom has a bay window & an ensuite
bath w/ an updated walk-in shower. Enjoy year-round relaxation in
the enclosed sunroom, where expansive windows frame the beautiful
scenery. A two-car garage w/ epoxy flooring provides extra storage
and additional freezer. OV amenities include 24-hour guard gate,
9-hole golf course, swimming pools, tiki bar, oceanfront
restaurants, tennis/pickleball, bocce ball, clubhouses, fitness
room, & private access to b'ful beaches. Enjoy weekly farmer's
market in d'town Fort Pierce & boating/fishing on the inlet. Short
drive to Stuart, Jensen, & Vero Beach. Easy access to back gate,
making exit and entry into the community a breeze. Plus, short walk
to all the amenities!
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.
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