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118 Via Palacio
About This Property
You will be drawn in by the elegant motor court, 4 car garage, spa pool, impeccable landscaping, welcoming facade and stay for every incredible detail that follows in this meticulously maintained home. Golf Membership This waterfront beauty has it ALL!
Beyond its breathtaking exterior, 118 Via Palacio offers every upgrade your heart desires. Through the impressive custom glass front door, you will find soaring ceilings and a grand foyer, the perfect gateway to this opulent property. Not a single detail was missed in the design of this flawless model homebuilt by Courchane Buildersfrom the Parador Domus marble floor to the 26' dome ceiling.
This elegant 7,892 sq ft home provides plenty of space for families and privacy for guests with 5 spacious bedrooms, 6.2 bathrooms, a library, wine room with redwood wine racking system and multiple areas for entertaining and relaxing. The gorgeous wood beam details, intricate crown moldings, and trim found throughout the home provide an added touch of sophistication.
The alluring radius staircase leads to 4 spacious bedrooms each with custom closets complete with Melamine built-ins, a library, second floor terraces, and well-appointed expertly decorated bathrooms.
The heart of this home is the exquisite top-of-the-line kitchen featuring an oversized island with a patina finish Jerusalem stone top, hood with limestone finish, stainless steel Dacor appliances, double ovens and stacked lit cabinetry.
The expansive first floor master suite with its sweeping views and high ceilings is the perfect place to relax and rejuvenate. The generous ensuite offers an oversized tub and his and hers showers with sleek frameless tempered glass enclosures. The massive custom his and hers walk-in-closets, built in vanity, wet bar and gorgeous light fixtures add to the grandeur of this master retreat.
The inviting grand room features an elegant Temco limestone fireplace and offers unobstructed views of the water and immaculate backyard sanctuary.
Dreaming of a getaway? Escape to this luxurious backyard oasis, featuring a custom pool complete with sun shelf, spa, and tranquil water features flowing into two separate holding pools with rills, surrounded by beautiful Mediterranean and Venezian gold pavers. The backyard is an entertainer's dream with an outdoor kitchen, bar, and grill overlooking the incredible views of the lake. Southern exposure and covered living and dining areas allow for year-round outdoor living.
Mirasol is a highly sought-after community in the Palm Beaches bounded by nature preserves and tranquil lakes. Mirasol offers excellent dining and social options, fitness center, spa, family-friendly Sports Complex, Tennis Center, plus two championship golf courses designed by legends Tom Fazio and Arthur Hills. Located just a short drive from pristine beaches, and extensive shopping in the Palm Beach Gardens area.
Full golf membership available.
Do not let this one get away!
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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 |
|---|---|---|---|
| Mar 25, 2021 | Sold | ||
| Sold | |||
| Feb 2, 2021 | Listed by Premier Brokers International | $4,595,000 | |
| Listed by Premier Brokers International | |||
| Nov 25, 2020 | No longer available | - | |
| No longer available | |||
| Nov 21, 2020 | Relisted | $4,600,000 | |
| Relisted | |||
| Nov 10, 2020 | No longer available | - | |
| No longer available | |||
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About Mirasol
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017