Welcome to this exceptional new construction Pallazio I model home
in Esplanade by the Islands, ideally positioned at the end of the
street with no neighboring home on one side, providing an enhanced
sense of privacy. The highly coveted Pallazio I floor plan is no
longer offered by the builder, making this a rare opportunity to
own one of the community's most desirable designs. Built in 2025,
this beautifully appointed residence offers 4 bedrooms plus a den,
a 3-car tandem garage, and an expansive open-concept layout
perfectly suited for both everyday living and entertaining. The
home's desirable western exposure overlooks a serene water view,
providing a front-row seat to spectacular Naples sunsets every
evening. Thoughtful custom upgrades include GE Cafe Kitchen
appliances, quartz countertops, professionally designed California
Closets in the primary suite and den, adding exceptional
organization, functionality, and style. Spacious outdoor lanai area
with an oversized 27' pool and spa, summer kitchen, bar and
fireplace. As a resident of Esplanade by the Islands, you'll
experience a resort-inspired lifestyle with an impressive
collection of amenities and services. The community features a
Wellness Center and Day Spa offering hair, nail, facial, and
massage services, the popular Bahama Bar & Grill, large
resort-style pools and hot tub, state-of-the-art fitness center,
tennis and pickleball courts, dog park, and a planned Culinary Arts
Center opening soon. Residents also enjoy a vibrant social calendar
featuring wine tastings, exclusive culinary experiences, wellness
and spa events, excursions, and an array of community activities.
Adding to the convenience, a new Publix is located adjacent to the
development, making everyday shopping just minutes away. Combining
a rare Pallazio I floor plan, premium private homesite, beautiful
water views, western exposure, nightly sunsets, custom upgrades,
and exceptional resort-style amenities, this residence presents a
unique opportunity to experience the very best of the Esplanade by
the Islands lifestyle in Naples. Excellent proximity to downtown
Naples, Marco Island and Goodland.
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.
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