One or more photo(s) has been virtually staged, AI generated or
rendered. A rare opportunity to skip the wait for new
construction and move right into an exceptionally finished home in
the highly sought-after community of Esplanade by the Islands. Be
settled in before season begins and enjoy the gorgeous Southwest
Florida winter from your own private outdoor oasis. Beautiful
sunset and water views, a deeper homesite on a private corner lot,
an expanded lanai and the original larger Lazio floor plan set this
home apart. Offering approximately 2,400 sq. ft. with 3 bedrooms
plus a den and 3 full baths, the home is filled with thoughtful
upgrades and designer finishes, including wide-plank luxury vinyl
flooring, tray ceilings, plantation shutters, custom automatic
shades, California Closets, upgraded lighting and a private den
with French doors. The extended kitchen features Monogram and
Pofile appliances, quartz countertops, under-cabinet lighting,
beverage refrigerator and a built-in bar area. The spacious primary
suite includes a custom closet and impressive oversized shower with
dual shower heads. Outdoor living is truly exceptional, with an
expanded lanai overlooking peaceful water views, saltwater pool and
spa with waterfall feature, outdoor kitchen and bar, granite
countertops, outdoor refrigerator, Storm Smart motorized screens,
Sonos sound and upgraded landscaping. Additional features include a
whole-house generator, tankless water heater, whole-house surge
protection, centrally monitored alarm system with 7 cameras,
extended garage with A/C split and upgraded flooring, and extensive
storm protection. Unlike current new construction in Esplanade by
the Islands, this home offers the original larger Lazio floor plan
with a deeper homesite that allows for the expanded outdoor living
area-a combination that can no longer be replicated. With the pool,
spa and extensive upgrades already complete, simply move in and
start enjoying the Naples lifestyle from day one. Just minutes from
Marco Island, downtown Naples and the Gulf's renowned white-sand
beaches, Esplanade by the Islands offers an exceptional resort
lifestyle with a private clubhouse, restaurant, tiki bar, spa,
fitness center, dog park, recreational trails, tennis, pickleball
and an additional amenity center opening later this season.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017