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141 Wilderness Cay
About This Property
Positioned on a wide canal in the waterfront enclave of Port of the Islands, the property was designed for buyers seeking boating, fishing, nature, privacy, and effortless coastal living. Launch from your backyard and explore the legendary Ten Thousand Islands within minutes.
The private dock features 40 feet of waterfront frontage, 10,000 lb boat lift, kayak lift, fish light, cleaning station, bench seating, and dusk-to-dawn lighting with excellent canal maneuverability and quick Gulf access.
Outdoor living spaces embrace the Southwest Florida lifestyle with a heated 30' x 10' saltwater pool, expansive screened lanai with Wi-Fi hurricane curtains, quality pavers, soffit lighting, dimmable exterior lighting, and seamless indoor-outdoor entertaining.
Inside, the home showcases porcelain plank flooring throughout, PGT bronze-tinted impact windows and doors, Hunter Douglas electric shades, solid wood pocket doors, custom entertainment wall with electric fireplace, and a bright open floor plan centered around waterfront living. The chef's kitchen features GE Cafe appliances, induction cooktop, quartz countertops, illuminated cabinetry, oversized island, and abundant storage.
The thoughtfully designed layout offers 3 en-suite bedrooms, private office, 3 full baths, oversized laundry room, and 2,223 sq ft under air.
Additional upgrades include cement-filled block walls, standing seam metal roof, R-36 insulation, custom HVAC with linear diffusers, Rheem on-demand hot water system, whole-home generator hookup, Schlage programmable locks, and extensive tropical landscaping for added privacy.
An additional value enhancement: the vacant waterfront lot directly across the street recently sold for $735,000 with plans submitted for an approximately 6,000 sq ft luxury waterfront residence, reinforcing the continued luxury growth and long-term value of this unique boating community.
Rare opportunity to own a modern direct-access waterfront home built for luxury boating lifestyle, Gulf access, and life on the edge of the Ten Thousand Islands. Marco Island buyers may want to pay attention...because this lifestyle at this price point is impossible to find there. Ideally suited for many shallow to moderate draft approximately 2.5-4 feet depending on tide, seasonal conditions, No Bridges to gulf, offshore fishing boats, bay boats, deck boats, pontoons. Nearby marina accommodates larger vessels up to 65 feet creating exceptional flexibility for boating enthusiasts seeking immediate access to the Ten Thousand Islands and Gulf waters. NO HOA, NO BRIDGES, Complete Quailty designed and built in 2022 by owner's!
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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 |
|---|---|---|---|
| Jul 22, 2026 | Price Decreased |
$1,888,000
↓ $11K
(0.6%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$1,899,000
↓ $91K
(4.6%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$1,989,999
↓ $10K
(0.5%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Coldwell Banker Realty | $1,999,999 | |
| Listed by Coldwell Banker Realty | |||
| Sep 18, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017