$115,000
●
Condo -
Off Market
2 Beds
2 Baths
1,150 Ft²
$239,689
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model
About This Property
Two bedrooms & two bath updated spacious apartment with screened
balcony in Palm Aire Country Club. Unit has beautiful wood
flooring throughout. Tile floor in kitchen & renovated bathrooms.
New A/C 3 yrs old. Pool & gardens. Close to golf Club House, res
taurants, Isle Casino, & shops. George Brummer park with state of
the art gym, tennis courts and more. The landscaping of the
new park and lakes is well under way & there will be a beautiful
lake view from the balcony. The beach only a short drive away.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
-
Price per sqft
$107
Property Type
Condo
Property Taxes
$62
HOA Dues
$315
Year Built
-
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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 #F1236246)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2013 | Sold | ||
| Sold | |||
| Apr 29, 2013 | Listed by Florida Real Estate Force | $122,950 | |
| Listed by Florida Real Estate Force | |||
Property Highlights
Elevator
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: First Floor Entry, Built-Ins, Dome Kitchen, Elevator, Foyer Entry, Walk-In Closets
Appliances: Dishwasher, Intercom, Microwave, Electric Range, Refrigerator, Smoke Detector, Icemaker, Fire Alarm
Flooring Type: Tile Floors, Wood Floors
Dining Room: Dining/Living Room, Eat-In Kitchen
Exterior Details
Listing Terms: Conventional
New Construction
Construction Type: Cbs Construction
Exterior Features: Screened Balcony, Storm/Security Shutters, Barbecue
Financial Details
Total Taxes: $739
Tax Year: 2012
Possession Information: Negotiable
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling, Ceiling Fans
Location Details
Location: FROM I95 GO WEST ON ATLANTIC BLVD TO POWERLINE RD, GO SOUTH ON POWERLINE RD TO FIRST TRAFFIC LIGHT, TURN RIGHT ON TO NOTH COURSE DR, TAKE FIRST LEFT AND ENTRANCE TO BLDG WILL BE AFTER CURVE IN ROAD AHEAD OF YOU.T
Front Exposure: South East
Subdivision Complex Building: Palm Aire Country Club
HOA Details
HOA Fee: $315 Monthly
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 |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Peter Knight
Florida Real Estate Force
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1236246
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.
Florida Real Estate Force
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1236246
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