FULL GOLF AND SOCIAL MEMBERSHIP to Esplanade Golf & Country Club in
Lakewood Ranch is INCLUDED with this beautiful TURNKEY FURNISHED
second-level condo unit with GORGEOUS GOLF views! Enjoy all
the advantages of living the Lakewood Ranch lifestyle, plus relish
in the unparalleled amenities available at Esplanade such as the
18-hole championship golf course, pro shops, 6 lighted HarTru
tennis courts, 8 lighted pickleball courts, Koquina Sand Spa,
fitness center, Barrel House Bistro, Bahama Bar, resort-style
pools, expansive social calendar with activities, and more. In
addition to golf privileges, this unit also showcases sunrise views
of the 5th hole of the golf course from the covered and screened
balcony lanai. Being a second level unit, this home enjoys
stunningly tall ceilings, elevated views, and additional privacy
compared to the lower units. Throughout this home you'll
enjoy neutral tile flooring, crown molding, lofty ceilings, smart
upgrades, and stylish furnishings. Recently built in 2021,
Taylor Morrison's popular Avanti VII floor plan showcases an open
flow floor plan with central great room, dining room with 2023
chandelier, and upgraded kitchen all overlooking the golf course.
Chef's will feel right at home with a large peninsula with
extra counterspace and seating, stone counters, stainless steel GE
appliance suite, and dinette nook with 2023 chandelier. The
office flex space was upgraded in 2022 by adding a wall and sliding
opaque glass barn doors to create a private study; along with a
sleeper sofa to provide 3 rooms for a respite. The primary
suite offers the same impressive golf views as well as plush
carpeting, dual walk-in closets, dual sinks, a large walk-in
shower, and private water closet. The guest bedroom and full
guest bathroom offer the same comforting atmosphere for family and
friends and includes a pocket door for an en-suite environment.
Completing this home is a large laundry room, plus a private
detached 1-car garage. Enjoy peace of mind with a 2022 water
filtration and softener system by Kind Water, and 2022 electronic
front door lock. This unit is ready to move in right away –
just bring your suitcase! And with the included condo
maintenance it makes for the perfect full-time or part-time home,
or even an investment property with rental opportunities. You will
enjoy the active lifestyle by living in Esplanade with endless
activities and opportunities for you along with a golf and social
membership INCLUDED in the HOA dues. Along with Esplanade being
located in the heart of Lakewood Ranch, this will be the life
you've always dreamed of. Lakewood Ranch continues to be the
top multi-generational community in the country for 6 years in a
row with award-winning shopping, dining, A-rated schools, parks,
and nearby beaches.
Unit Size
1,528 Ft²
Days on Market
38 days
Land Size
-
Price per sqft
$344
Property Type
Condo
Property Taxes
$501
HOA Dues
$661
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Parking Features: Driveway, Garage Door Opener, Guest, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room
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