7702 LAKE VISTA COURT 306 Lakewood Ranch, FL 34202
Updated 2-bedroom condo near Lakewood Ranch Main Street.
Property Features for 7702 LAKE VISTA COURT 306
General Information
- Standard status
- Active
- Size
- 1,762 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2007
Listing office COMPASS FLORIDA LLC (941) 720-5174
Listing date Dec 30, 2024
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Location: Walk or bike to Lakewood Ranch Main Street's dining, shopping, and entertainment.
- Updated and Move‑In Ready: Featuring new flooring (2022), HVAC (2023), and hot water tank (2023), plus a recently updated roof (2022) and exterior paint.
- Water and Preserve Views: Enjoy peaceful and private views from the screened‑in balcony and primary suite.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.6k | $18.48 |
| − Vacancy | −$3.4k | −$1.92 |
| EGI | $29.2k | $16.56 |
| − OpEx | −$13.1k | −$7.45 |
| NOI | $16.0k | $9.11 |