Located directly across from the South Floridana Beach Access and
just one block from the ocean, this charming 2BR/2BA beach home
offers 1,112 sq ft plus an approx. 280 sq ft converted 1-car garage
with window A/C, providing flexible space for a 3rd bedroom, gym,
home office, den or you can convert it back to a garage. Enjoy a
screened inground SALTWATER POOL & SPA with NEW SALT GENERATOR, NEW
POOL FILTER and NEW POOL VACUUM. Major updates include a NEW ROOF
(2022), NEW A/C (2024), COMPLETE PLUMBING REPLACEMENT (2024), NEW
KITCHEN CABINETS (2026), NEW INTERIOR PAINT (2026), and an
IMPACT-RATED SLIDING GLASS DOOR leading to the pool/patio. The
pool/spa heater is currently not operational. The .17-acre lot also
includes a shed. Floridana Beach features 3 private beach accesses,
a community center with bathrooms and activities, and a BRAND-NEW
BEACH CROSSOVER WITH DECK. Enjoy relaxed coastal living with the
beach just outside your door! Room sizes approx./subject to error.
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.
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Primary Downstairs
Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer Stacked, Water Softener Owned
Flooring Type: Carpet, Tile, Vinyl
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Unit, Lower Level, Sink, Washer Hookup
Rooms: 6
Exterior Details
Square Footage: 1112
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: Contemporary, Ranch
Year Built: 1991
Building Area Total: 1575
Levels: One
Other Structures: Shed(s)
Construction Materials: Frame, Stucco
Patio and Porch Features: Covered, Rear Porch, Screened
Pool Features: In Ground, Pool Cover, Salt Water, Screen Enclosure
Pool is Private
Lot Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear
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