11
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132 Gregory Road
About This Property
Step inside to discover natural wood flooring throughout, custom wood veneer cabinetry, and soaring 11-foot ceilings that enhance the open and airy ambiance. Expansive ESW hurricane-impact windows, including several 10-foot prestige line windows, bathe the interiors in natural light, while the 10-foot ESW front door makes a striking first impression. The Westlake flat concrete roof tile and professionally designed rounded landscaping add to the home's refined aesthetic.
Designed for both comfort and entertaining, the outdoor living space is a true retreat. A covered patio with wooden tongue & groove ceiling provides the perfect place to relax, while the outdoor kitchen features a built-in BBQ grill, hood, refrigerator, and shower. The 30x15 pool with a sundeck and jacuzzi creates a luxurious backyard oasis.
The home is equipped with top-tier finishes and smart home technology, including Toto toilets, Brizo plumbing fixtures, built-in Sonance audio system (with speakers in multiple rooms and outdoor spaces), Lutron lighting control, and remote access for pool equipment. A comprehensive security system with alarm keypads and four cameras ensures peace of mind.
The chef's kitchen is designed to impress, featuring all Thermador appliances, including a natural gas stove, 24-inch wine cooler, 24-inch bar refrigerator, and Scotsman ice machine. A spacious 2-car garage, advanced water management system (anti-flooding), and energy-efficient Lennox AC units further enhance the home's functionality and efficiency.
Situated on an 8,955 sq. ft. lot, this remarkable home offers 3,973 sq. ft. under air and a total structure of 5,053 sq. ft. Don't miss this rare opportunity to own a masterfully crafted, brand-new luxury residence in one of West Palm Beach's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Listed by Compass Florida LLC | $4,600,000 | |
| Listed by Compass Florida LLC | |||
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