Experience elevated Florida living in this elegantly upgraded light
and bright Farnese model, perfectly nestled in the prestigious
Esplanade Golf and Country Club at Lakewood Ranch. This stunning
2-bedroom, 2.5-bathroom home with a versatile den offers an
open-concept layout and luxurious finishes throughout. **Photos
included showing Possible Remodeling of laundry room and added
closet. From the moment you enter, you'll appreciate the crown
molding in every room-including the closets-tray ceilings, and
diagonally laid tile in the main living area that adds a touch of
sophistication. The gourmet kitchen features soft-close cabinetry,
a newer faucet, and a premium 2023 Cafe range, dishwasher, and
microwave. The spacious primary suite includes a new shower floor,
comfort-height toilets, and custom closet systems for maximum
organization. The laundry room is enhanced with extra cabinet space
and impact glass for added peace of mind. Step outside to a private
lanai designed for true Florida living. Enjoy tranquil panoramic
views of the pond and walking trail, complete with nebula lighting,
a fully equipped summer kitchen, and Storm Smart shutters for
hurricane protection. Accordion shutters and additional impact
windows at the front door and laundry room provide further
security. The extended garage offers epoxy floors, built-in
cabinetry, attic stairs, and overhead storage-ideal for both
convenience and function. Plantation shutters in the main living
area, newer HVAC installed in 2023, and one of the longest
driveways in the community complete this meticulously maintained
home. Situated in one of Lakewood Ranch's premier lifestyle
communities, residents enjoy access to championship golf, tennis,
resort pools, fitness centers, dining, and endless social events.
With the CDD partially paid off you will have savings of around
$900/annually. This home is a rare opportunity for luxury,
location, and long-term value. No golf dues pay to play. The drapes
in the dinette and great room and the shelves in the office DO NOT
CONVEY.
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.
Interior Features: Ceiling Fan(s), Crown Molding, Open Floorplan, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
Appliances: Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
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