$55,500
●
Condo -
Off Market
2 Beds
2 Baths
1,385 Ft²
$128,403
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model
About This Property
VERY LARGE UNIT WITH MANY EXTRAS. WASHER/DRYER INSIDE UNIT, EAT-IN
KITCHEN, AND OVERSIZED BALCONY. BIG WALK-IN CLOSET IN MASTER
BEDROOM. CLUBHOUSE BOASTS MANY AMENITIES TO ENJOY INCLUDING HOT TUB
AND SAUNA. CONVENIENTLY LOCATED NEAR PUBLIX SHOPPING CENTER
WITH CVS, BANKS, AND RESTAURANTS. PUBLIC TRANSPORTATION
OFF ROCK ISLAND. JUST EAST OF CORAL SQUARE MALL..EASY TO SHOW AND
SELL!!
Unit Size
1,385 Ft²
Days on Market
-
Land Size
-
Price per sqft
$43
Property Type
Condo
Property Taxes
$92
HOA Dues
$306
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Beaches MLS #F1177537)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2012 | Sold | ||
| Sold | |||
| Mar 8, 2012 | Listed by Coldwell Banker Residential RE | $59,500 | |
| Listed by Coldwell Banker Residential RE | |||
Property Highlights
Parking Details
Parking Features: Assigned Parking, Guest Parking
Parking Restriction: No Motorcycle, No Rv/Boats, No Trucks/Trailers
Interior Details
Full Bathrooms: 2
Interior Features: Third Floor Entry, Foyer Entry, Stacked Bedroom, Walk-In Closets
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Smoke Detector, Washer
Flooring Type: Carpeted Floors, Tile Floors
Dining Room: Dining/Living Room, Eat-In Kitchen, Other
Exterior Details
Listing Terms: Conventional, Other Terms
Construction Type: Cbs Construction
Exterior Features: Other, Screened Porch
Financial Details
Total Taxes: $1,101
Tax Year: 2011
Possession Information: Funding, Other
Utilities Details
Heating Type: Central Heat, Electric Heat
Cooling Type: Central Cooling, Electric Cooling
Location Details
Location: ROCK ISLAND JUST SOUTH OF ATLANTIC. ENTER PALM LAKES ENTRANCE AND MAKE IMMEDIATE LEFT TO BUILDING #8
Front Exposure: East
Subdivision Complex Building: PALM LAKES
HOA Details
HOA Fee: $917 Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Listed by: Dennis Gogonas
Coldwell Banker Residential RE
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1177537
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Coldwell Banker Residential RE
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1177537
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