6116 SE Georgetown Place, Hobe Sound, FL 33455 — MLS photo

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6116 SE Georgetown Place, Hobe Sound, FL 33455

Active · Townhouse

$389,900

6116 SE Georgetown Place, Hobe Sound, FL 33455

Beds
3
Baths
2
Living area
1,875 sq ft
$ / sq ft
$208/sq ft
Year built
1994
Lot size
—
HOA fee
$615
Annual tax
—

About this property

This Beautiful townhouse offers exceptional style and comfort throughout. Featuring two spacious bedrooms plus a large loft area that can be used as a 3rd bedroom, this home also includes a detached one-car garage. Relax on the screened porch overlooking the 7th hole of Heritage Ridge Golf Course, or unwind in your private front courtyard patio -- the perfect spot for grilling and outdoor entertaining. The open kitchen showcases custom solid wood cabinetry with black appliances. Additional upgrades include a brand new roof, 2023 AC, refinished patio and garage floor, updated master bathroom, dual-tank water softener system, alarm system, plus much more. Beautiful plantation shutters, upgraded lighting fixtures, and ceiling fans enhance every room. The first floor features laminate flooring throughout the main living areas. Berber-style carpeting in the bedrooms, and a stunning custom-built cabinet in the living room. Upstairs, the upgraded bathroom includes a large soaking tub, an expanded separate shower, with custom tile work, and updated vanities with granite counters. The versatile loft area offers a built-in full-size Murphy bed with desk, providing ample guest space and an ideal home office setup. Georgetown offers low HOA dues that include basic cable and exterior maintenance, including roof replacement. Residents enjoy access to the Georgetown clubhouse and heated pool. The Heritage Ridge Master Association provides additional amenities, including another heated pool, hot tub, tennis courts, and pickleball courts. Golf memberships are available but not mandatory. Seller will hold private mortgage. Please call for terms.

Property location

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6116 SE Georgetown Place, Hobe Sound, FL 33455

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,875 sq ft

Exterior & Structure

Property type
Townhouse
Year built
1994

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$615
County
Martin
MLS listing ID
R11167244
Listing status
Active

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

Estimated monthly cash flow

$694

Cap rate
7.8%
Net yield
7.8%
Cash-on-cash return
7.6%
Gross yield
13.7%
Mortgage payment
$1,848/mo
Down payment
$97,475
Loan amount
$292,425
Annual NOI
$30,511

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