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11533 Manatee Terrace #11533
About This Property
The estate encompasses three separate dwellings:
Main Residence: 4 bedrooms, 4 bathrooms, plus a dedicated office (4,264 sq. ft.)
Guest House: 2 bedrooms, 1 bathroom (924 sq. ft.)
Utility Barn/Garage: 720 sq. ft.
Inside the main home, you'll find soaring ceilings, rich hardwood floors, and carefully curated finishes throughout. A dedicated office space and a stylish bar room enhance both daily living and entertaining. The heart of the home is the European-inspired gourmet kitchen, featuring a massive center island, Sub-Zero refrigeration, gas cooktop, and porcelain panel walls paired with quartz countertops. The luxurious primary suite offers a tranquil escape, complete with a spa-like bathroom.
Outdoor living is equally impressive. The resort-style saltwater pool is framed by lush landscaping and expansive entertaining spaces. Practical features include a brand-new metal roof, impact windows and doors, two private driveways, a three-car garage, and a 100kW Kohler generator providing power to both main and guest houses. The property is fully fenced and offers ample space to add equestrian amenities such as a stable or arena.
Ideally situated just minutes from the Winter Equestrian Festival, world-class shopping, and upscale dining, this lakefront estate delivers an unparalleled lifestyle of sophistication, privacy, and convenience.
Experience the perfect fusion of luxury and natureschedule your private tour today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 26, 2026 | Sold | ||
| Sold | |||
| Nov 17, 2025 | Relisted | $3,450,000 | |
| Relisted | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Price Decreased |
$3,450,000
↓ $145K
(4%) | |
| Price Decreased | |||
| Sep 21, 2025 | Price Decreased |
$3,595,000
↓ $100K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017