11525 LAKE LUCAYA DRIVE
About This Property
If you've been waiting for a home that actually feels worth moving for this is it. Impeccably maintained and sitting right on Lake Lucaya, this 4-bedroom, 4.5-bath pool home delivers both function and finish in all the right places.
The chef's kitchen with gas cooktop opens into a large family room anchored by a custom fireplace and framed by water views. The first floor features luxury vinyl in the office, staircase, and primary suite that's a beautiful and practical upgrade for everyday living. The kitchen has been refreshed with a Kraus sink, upgraded black faucet, and updated fan lighting. The primary suite is privately located on the main level with lake views and an oversized ensuite with a garden tub, walk-in shower, and generous closets.
Upstairs you'll find an oversized bonus/game room plus three guest bedrooms and two full baths. The carpeting upstairs was replaced in November 2022 and those rooms have been used only twice during the holidays, presenting as like-new. Both upstairs bathrooms also received updated tub enclosures at the same time.
Outdoor living is equally impressive. Stacking sliders open to a screened pool deck with pavers, outdoor kitchen, and new pool vacuum as of October 2025. The home also includes thoughtful upgrades such as a Phantom retractable screen at the front entry, new ceiling fans throughout the home, added cabinetry and sink in the laundry room, garage ceiling storage racks and T-bar ladder storage, and a newly installed exterior garage keypad (May 2025).
This property has been cared for with intention and it truly shows like new. Private tours available, this is the one that makes the move make sense. Select furniture items will be available for sale outside of the purchase agreement. One year home warranty provided. Yamaha receiver for newly installed surround sound also conveys. CDD fee of $3505 is included in total tax amount of $15,643
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Price Decreased |
$825,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Jan 10, 2026 | Price Decreased |
$835,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by KELLER WILLIAMS SOUTH TAMPA | $850,000 | |
| Listed by KELLER WILLIAMS SOUTH TAMPA | |||
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017