135 Terrapin Trail
About This Property
Walls of impact-rated glass draw natural light deep into every living space, framing the lush greens and shimmering water beyond and blurring the boundary between indoors and out. Luxury light oak hardwood flooring, solid wood interior doors, and linear AC vents contribute to the clean, modern aesthetic, while the open layout encourages effortless flow between living, dining, and entertaining spaces.
The designer kitchen features a fully integrated appliance suite with cabinetry-panel refrigerator and freezer, streamlined custom cabinetry, and upper and lower accent lighting. A three-sided glass fireplace adds architectural interest and warmth to the main living space. In a separate great-room setting, a climate-controlled three-unit wine preservation bar anchors the dedicated wet bar area, creating a refined focal point for entertaining. The laundry room includes built-in cabinetry for added function and storage.
The primary suite is a serene retreat with dual walk-in closets and a spa-inspired bath finished with all-white quartz countertops, a frameless glass shower, and modern fixtures. Four additional bedroomseach with custom-built closets and updated en-suite bathsprovide flexibility for guests, family, or dedicated workspaces.
Outdoor living is a highlight, with 866 sq ft of covered lanai space, porcelain tile and paver hardscape, and all-new tropical landscaping with Zoysia grass and a new irrigation system. A heated saltwater water feature with waterfall bubbler, auto-fill, and tranquil focal point toward the environment provides sweeping views of the 18th hole from both the main living area and primary suite.
Architectural upgrades include a standing-seam metal roof with premium electrostatic repainting, a re-stuccoed exterior with decorative Bimini shutters, and a coastal-chic three-section paver driveway. Inside, a fully dimmable lighting package enhances the home's warm, natural tones.
The expansive 1,210 sq ft three-car garage features epoxy-finished floors, excellent storage, and a private side entry for a golf cart. Updated home systems include new electrical throughout, an AC system under warranty, dual central vacuum systems, and an integrated security and smart-home package monitored by The Loxahatchee Club and Hotwire.
Residents of The Loxahatchee Club enjoy access to a private Jack Nicklaus Signature 18-hole championship golf course, full practice facilities, tennis courts, bocce, dining venues, and a welcoming clubhouse environment. Membership details and availability are subject to the club's policies.
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Douglas Elliman Jupiter | $5,495,000 | |
| Listed by Douglas Elliman Jupiter | |||
| May 31, 2022 | Sold | ||
| Sold | |||
| Dec 21, 2021 | Listed by Douglas Elliman Jupiter | $2,370,000 | |
| Listed by Douglas Elliman Jupiter | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017