Situated in a premier lakefront lot in the prestigious Mizner
Estates at Palm Beach Polo, this extensively updated residence
offers over 4,200 square feet of refined indoor living space,
complemented by breathtaking water views and seamless
indoor-outdoor living. The home features impact glass throughout,
rich hardwood flooring, and a thoughtfully reimagined and expanded
primary suite. Additional enhancements include updated lighting,
high-end hardware and plumbing fixtures, and fully replaced
air-conditioning systems. The property is further equipped with a
whole-house water filtration system, reverse osmosis drinking water
system, and an updated water heater. The chef's kitchen is
beautifully appointed with premium Wood-Mode custom cabinetry and
flows effortlessly into spacious living and entertaining areas,
showcasing exceptional craftsmanship and timeless design. Outdoor
amenities include a screened-in outdoor living room, a renovated
pool and spa, elegant travertine pool coping, lush professional
landscaping, and low-maintenance turf enhancements-creating a
private waterfront retreat ideal for both entertaining and everyday
living. Perfectly positioned on one of the most desirable streets
within Palm Beach Polo, this exceptional lakefront home offers a
rare opportunity to enjoy luxury living at its finest.
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.
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