Back on the market at no fault of the sellers. Freshly painted
Bermuda-style home tucked within the peaceful Spray Cottages of
Breakers West, just 20 minutes from Palm Beach and a short drive to
Wellington's premier equestrian venues, including NPC and WEF. Set
on a quiet cul-de-sac with panoramic lake and Mayacoo Lakes Golf
Course views. Features include high ceilings, impact glass,
plantation shutters, and an updated kitchen with stainless
appliances and granite counters. First-floor primary suite with
dual vanities, soaking tub, separate shower and generous closets.
Enjoy a screened pool, spa and covered patio surrounded by tropical
landscaping. Optional memberships available at Breakers West and
Mayacoo Lakes.
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.
Last updated: 14 days ago (Beaches MLS #R11135140)
Price History
Date / Event
Date
Event
Price
Oct 1, 2026
In contract
-
In contract
Sep 19, 2026
Relisted
$1,090,000
Relisted
Sep 12, 2026
In contract
-
In contract
Sep 2, 2026
Price Decreased
$950,000
↓ $140K
(12.8%)
Price Decreased
Jun 13, 2026
Price Decreased
$1,090,000
↓ $100K
(8.4%)
Price Decreased
Oct 24, 2025
Listed by Serhant
$1,190,000
Listed by Serhant
Feb 15, 2025
Listed
$1,215,000
Listed
MOTIVATED SELLER – FURNISHED – IMPACT WINDOWS! Stunning 3BD/2.5BA waterfront home in Breakers West, perfectly situated on a quiet cul-de-sac with sweeping lake and Mayacoo Lakes Golf Course views. Enjoy serene sunsets from the covered patio, take a dip in the heated pool, and appreciate the light-filled interior featuring soaring ceilings, new wood-look tile floors, and plantation shutters throughout.The spacious master suite offers dual sinks, a whirlpool tub, and generous closet space. ? Optional Golf/Country Club & Breakers Beach Club Memberships. ? Transferable 4-Point & Wind Mitigation Reports ? Minutes from PBI Airport & Florida Turnpike. Furnished and Move-In Ready – Vacant and waiting for you! Bring your best offer today and enjoy life in this exclusive enclave of homes.
Stunning water and golf course views! You'll find privacy and tropical elegance at this, 3bd/2.5ba/ loft (possibility for a 4th bedroom at upstairs loft), slice of paradise. Enjoy the beautiful views or just relax at your own private pool & spa. Large screened in lanai with a covered patio enhance the Florida outdoor living. The house sits on a lush end of a Cul-de-sac lot. The home has a bright, open and airy floor plan with high ceilings. FIRST FLOOR MASTER BEDROOM SUITE w/new tile flooring. New stainless steel appliances in the kitchen, new washer/dryer, and newer AC +++. This home has been maintained with utmost care. Choose your membership or none at all. Membership is not required but there are two clubs to choose from, Mayacoo Lakes Country Club and Breakers West Country Club.
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