Welcome to Esplanade at Lakewood Ranch, a gated, resort-style golf
community and to an exceptional second-floor condominium located in
one of the newer condominium buildings in Esplanade. A full golf
membership is included, providing a complete resort-style living
experience. This beautifully appointed, single-owner home offers
two bedrooms, two full baths and a versatile flex room, providing
the perfect blend of luxury and comfort. High ceilings add
additional volume to the spacious open-concept great room where
natural light fills the main living area, creating a welcoming
atmosphere. Enter through the sliding glass doors to the private
screened balcony and take in the serene, sweeping views of the
fifth fairway and the green-belt area beyond. A spacious kitchen
features a large breakfast bar with abundant wood cabinetry,
granite countertops, stainless steel appliances, pantry and a
three-window bay area ideal for casual dining. The flex room is
ideal for a home office, media room or additional guest
accommodations. A well-designed primary bedroom offers an ensuite
bath complete with a large walk-in shower, private water closet,
double vanity and two walk-in closets. A generously sized guest
bedroom, located in the front of the home, includes a large closet
and offers private access to a full bath with a tub/shower,
providing privacy and comfort for family and guests. Additional
features include a spacious laundry room with a washer and dryer. A
private one-car garage, ideally located a short distance from the
home, provides parking and additional storage. Monthly fees include
exterior building and property maintenance, building insurance,
water and access to the community's extensive amenities. Impeccably
maintained, this condominium offers the best of Esplanade living: a
deeded golf membership, an abundance of resort-style amenities and
outdoor living in one of Lakewood Ranch's most desirable
communities. Residents enjoy the centrally located Clubhouse
overlooking the 18th green, two large resort-style pools with spas,
a resistance pool, an additional pool specifically for condominium
residents, two well-equipped fitness centers, eight pickleball
courts and six tennis courts, bocce, a driving range and putting
green, a full-service spa and salon, playground, dog parks and a
vibrant social calendar with live music and events. Dining options
include the popular Bahama Bar, the beautiful dining room at the
Club House and the Barrel House Bistro. Ideally located near
University Town Center, Waterside Place at Lakewood Ranch, Lakewood
Ranch Main Street, St. Armands Circle and the world-renowned
beaches of Siesta Key, Lido Key and Anna Maria Island, this
guard-gated community offers the ultimate in convenience, luxury
and lifestyle.
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: Garage Door Opener, Off Street, Parking Pad, Ground Level
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Eating Space In Kitchen, Split Bedroom, Thermostat, Window Treatments
Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Touchless Faucet
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room, Same Floor As Condo Unit
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