NEW CONSTRUCTION IN LAKE PARK **CUSTOM COASTAL LUXURY** BEST NEW
HOME VALUE IN LAKE PARK**Exceptional custom-built coastal residence
by Ocean Blue Builders offering 4 Bedrooms, 3.5 Baths, and 2,920
square feet of thoughtfully designed living space in the highly
desirable Lake Park neighborhood. Perfectly positioned with coveted
southern exposure and located in Flood Zone X-500, this home
combines luxury craftsmanship, timeless coastal design, and
effortless indoor-outdoor living. Designed to live beautifully and
feel far larger than its footprint, the home showcases PGT
impact-rated windows and doors, wide-plank oak flooring, custom
ceiling details, designer finishes, and an open-concept floor plan
filled with natural light. The chef's kitchen serves as the
centerpiece of the home, featuring premium Thermador appliances,
custom cabinetry, elevated finishes, and an oversized entertaining
island ideal for both everyday living and hosting guests.The
spacious great room offers a stunning fireplace with custom
built-ins and seamlessly opens through a dramatic wall of glass to
the private outdoor retreat. The expansive lanai is fully equipped
with a built-in grill, sink, and refrigerator, overlooking a
beautifully designed resort-style pool and spa with a large pool
deck creating the ultimate year-round entertaining experience.
Additional highlights include a large 2 car garage,
maintenance-free fencing, luxurious primary suite, and refined
architectural details throughout. Ideally located in the heart of
Lake Park, this exceptional residence offers one of Naples' most
desirable in-town lifestyles-just 5 minutes from the beach, near
the Four Seasons Resort Naples, world-class dining, boutique
shopping, and the vibrant charm of Downtown Olde Naples, all while
enjoying the tranquility of a quiet residential setting.A rare
opportunity to own a newly built, design-forward luxury home in one
of Naples' fastest-rising neighborhoods.
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.
Great location in the heart of Naples. Centrally located in a wonderful, family friendly neighborhood. Lots of beautiful plants and trees with pavered driveway. Roof is approximately 5 years old. Hurricane Impact windows and doors installed in 2021. Kitchen and bathroom have been updated, granite counters Open front porch and back patio. Additional storage shed located in back and fenced yard. Stacked washer and dryer located in utility room in carport. Close to shopping, dining, beaches, churches and so much more.
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