Perfectly situated between the 10th green and 11th tee box,
spanning 2,739 square feet of light-filled living space, this CBS
home features a split floor plan with expansive living areas,
soaring ceilings and large windows framing panoramic views of the
fairway. Newly updated with wood floors, new appliances, cabinetry
and more. A surprise awaits in the primary suite where there is
extra room for an office, art room, etc. Outdoors, your private
oasis awaits: a beautiful built-in kitchen and bar with grill &
rotisserie. A spacious screened patio hosting an in-ground swimming
pool and spa, with additional screened patio space. [continued]
The generous 0.43-acre lot offers exceptional privacy and
lush tropical surround, making room for an in ground propane tank
powering a Guardian 22kW house generator. A Leviton 120/240V Surge
protection panel is installed as well. Nestled in a 24/7
guard-gated community, Meadowood offers world-class amenities
including an 18-hole championship golf course, tennis courts,
clubhouse, fitness center, and resort pool. Located just minutes
from historic Downtown Fort Pierce, pristine Treasure Coast
beaches, boat ramps, dining, and major highways (I-95 and Florida's
Turnpike).
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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