11702 LAKE LUCAYA DRIVE
About This Property
Perfectly positioned on an oversized corner lot in one of Riverview's most desirable gated, natural-gas communities, this impressive 5-bedroom, 3-bath, 3-car garage residence delivers the space, sophistication, and Florida lifestyle buyers dream about. With this significant new price improvement, now is the time to experience everything this exceptional home has to offer.
From the moment you arrive, the paver driveway, lush landscaping, and stately two-story curb appeal create an unforgettable first impression. Step inside to a bright, open-concept floor plan enhanced by crown molding, luxury wood-look tile, refined finishes, and generous living spaces designed for both everyday comfort and grand-scale entertaining.
The designer kitchen is the heart of the home, showcasing granite countertops, shaker cabinetry, stainless-steel appliances, an extra-large island with double sink, walk-in pantry, upgraded dinette hutch, and a seamless connection to the family room. A first-floor bedroom and full bath provide exceptional flexibility for guests, multigenerational living, or a private home office.
Upstairs, a spacious loft creates the perfect retreat for movie nights, gaming, homework, or quiet relaxation. The owner's suite is a true sanctuary, featuring tray ceilings, dual walk-in closets, dual vanities, a soaking tub, and a separate walk-in shower. Three additional upstairs bedrooms, a full bath with double vanity, and a convenient second-floor laundry room complete the upper level.
Then step outside and discover the showstopper, a spectacular screened backyard oasis featuring a sparkling saltwater pool and heated spa, covered lanai, expansive paver pool deck, and fully equipped outdoor kitchen. Whether hosting weekend barbecues, enjoying evening swims, relaxing poolside, or entertaining under the Florida sky, this outdoor living space was designed to impress.
Additional upgrades include a tankless water heater, whole-home water softener/purifier, hurricane shutters, rain gutters, irrigation system, and more.
Lucaya Lake Club presents an exceptional resort-style lifestyle centered around a beautiful 78-acre private lake with community boat ramp, fishing, kayaking, clubhouse, fitness center, zero-entry pool, splash pads, covered playground, sports field, sidewalks, private roads, and an engaging community atmosphere.
Ideally located near shopping, dining, entertainment, schools, medical services, and major commuter routes, this home blends luxury, comfort, community, and lifestyle in one extraordinary Riverview address.
With a fresh $15,000 price reduction, this is the weekend to see it, fall in love, and make your offer. Don't wait for another buyer to recognize the opportunity first. This is not just a home...it is your private Florida retreat.
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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 |
|---|---|---|---|
| Oct 4, 2026 | Price Decreased |
$635,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by JOSEPH SULLIVAN REAL ESTATE | $674,900 | |
| Listed by JOSEPH SULLIVAN REAL ESTATE | |||
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | Listed by JOSEPH SULLIVAN REAL ESTATE | $675,000 | |
| Listed by JOSEPH SULLIVAN REAL ESTATE | |||
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017