Discover one of the most desirable homes in highly regarded
Esplanade by the Islands. This beautifully furnished Beacon floor
plan combines impressive living spaces, luxurious finishes and
exceptional flexibility for entertaining and overnight guests. With
four bedrooms plus a study, four full baths, a powder bath, a
convenient pool bath and oversized three-car garage, this residence
is thoughtfully designed for everyday comfort and elegant
entertaining. Outdoor living takes center stage. The expansive
covered lanai features a panoramic screen enclosure that showcases
wide, unobstructed lake views and spectacular eastern sunrises.
Whether hosting friends or enjoying a quiet morning coffee, the
generous outdoor living area creates the ideal setting to embrace
Southwest Florida's year-round lifestyle. Inside, the grand foyer
opens to an expansive great room filled with natural light, while
gorgeous white luxury vinyl plank flooring flows throughout the
main living areas, creating a bright, sophisticated feel. Designed
for gathering, the open floor plan seamlessly connects the great
room, dining area and gourmet kitchen. The open and spacious chef's
kitchen is beautiful and functional, featuring quartz countertops,
shaker-style cabinetry, a large center island, walk-in pantry,
stainless appliances, double ovens, a five-burner natural gas
cooktop with pot filler and subway tile backsplash- ideal for
everything from casual family meals to entertaining on a grand
scale. The spacious first-floor primary suite overlooks the lake
and offers two walk-in closets and a luxurious bath with dual
quartz vanities, a soaking tub and an oversized walk-in shower. A
private study behind French doors provides an ideal home office,
while two additional guest bedrooms on the first floor offer
comfortable accommodations for family and friends. One of the
home's most outstanding features is the private upstairs guest
retreat. Rarely found in this price range, it offers a spacious
loft, convenient kitchenette, private bedroom with en-suite bath
and an additional powder bath, creating the ideal space for
extended family, visiting guests, live-in relatives, or a private
media and recreation area. Additional upgrades include
Impact-resistant windows and doors, a tankless water heater and
three Lennox air handlers installed in 2024, providing comfort,
efficiency and peace of mind. Residents of Esplanade by the Islands
enjoy an impressive active resort lifestyle with the spectacular
amenity center with resort-style zero-entry pool and spa, fitness
center, tennis, pickleball, bocce, a dog park, salon and spa
services, the popular Bahama Bar, firepits, a dedicated lifestyle
director, and the anticipated Culinary Center will be opening soon
with additional dining and entertainment options. Enjoy all this,
conveniently just minutes from island, downtown Naples, beaches,
shopping, fine dining, golf courses, marinas and executive airport.
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.
HOA/Condo/Coop Amenities: Clubhouse, Dog Park, Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s), Management, BocceCourt, Pickleball, Restaurant, Sidewalks
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