16575 Cove Rd, Westlake, FL 33470 — MLS photo

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16575 Cove Rd, Westlake, FL 33470

Active · SingleFamilyResidence

$620,000

16575 Cove Rd, Westlake, FL 33470

Beds
5
Baths
4
Living area
2,512 sq ft
$ / sq ft
$247/sq ft
Year built
2022
Lot size
5,249 sq ft
HOA fee
$199 Monthly
Annual tax
$1,549

About this property

Gorgeous Modern 5-bedroom, 3.5 Bath, built in 2022 is placed in the new vibrant city of Westlake, Florida. This popular Sand Dollar 5 Floor plan includes a guest suite on the first floor ideal for home office or the in-laws. A Chefs dream kitchen with oversized island, quartz countertops, upgraded gas stove, Lots of cabinets and pantry space. This sleek home boasts high gloss 24x24 Porcelain tiles throughout the home. A spacious loft upstairs makes a great theater room or play area. The primary bedroom features a large walk-in closet with a custom closet system. Tankless Gas water heater, Hurricane impact-resistant windows and doors throughout, ceiling fans in every room, fenced in backyard, covered patio with extended pavers ideal for an outdoor kitchen. Come see YOUR Dream Home Today!!

Property location

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16575 Cove Rd, Westlake, FL 33470

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
2,512 sq ft
Flooring
Ceramic Tile, Porcelain Tile
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Trash Compactor, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Built In Features, Dual Sinks, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Tub Shower, Walk In Closets, Loft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2022
Lot size
5,249 sq ft
Architectural style
Detached, Two Story
Roof
Concrete, Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Lighting, Patio, Storm Security Shutters
Pool
None, Community
View
None, Other

Parking

Garage spaces
2
Covered spaces
2
Parking features
Driveway, Garage Door Opener

HOA, Community & Financials

Association fee
$199 Monthly
Fee inclusions
Common Area Maintenance
Security
Gated Community, Smoke Detectors
Pets allowed
No, Yes
Annual tax
$1,549
Subdivision
SKY COVE SOUTH
County
Palm Beach
Days on market
57
MLS listing ID
A11945216
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,975

Cap rate
9.5%
Net yield
9.5%
Cash-on-cash return
13.7%
Gross yield
12.1%
Mortgage payment
$2,939/mo
Down payment
$155,000
Loan amount
$465,000
Annual NOI
$58,975

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.