16005 SHORELINE DRIVE
About This Property
An exceptional location offering privacy, convenience, and peaceful lakefront living! Situated in the gated Edgewater Shores neighborhood, this home has just one immediate neighboring house, with lush greenery and a quiet community swimming pool on the other side. Enjoy the luxury of having a pool just steps away, without the cost and maintenance! This established neighborhood is fully built out, with no additional home construction.
Thoughtfully designed with extensive premium upgrades throughout! The light, bright interior features neutral finishes, upgraded tile flooring throughout (no carpet), and a beautifully appointed kitchen with premium appliances, upgraded cabinetry, quartz countertops, an oversized island, and reverse-osmosis drinking water filtration.
Additional upgrades include hurricane-impact windows, an upgraded exterior elevation with a spacious covered front porch, ceiling-height shower tile and upgraded glass shower enclosures in both bathrooms, ceiling fans in the bedrooms, living area and lanai, a tankless water heater, elegant tray ceiling, and gutters around the entire home.
Experience the extraordinary Babcock Ranch lifestyle! Enjoy community pools, shopping, restaurants, parks, pickleball, tennis, scenic walking and biking trails, fishing, farmers markets, Food Truck Fridays, and an exciting calendar of year-round community events.
Beautiful lakefront views, exceptional upgrades, a peaceful gated neighborhood, and an unbeatable lifestyle, all in one remarkable home!
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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%.
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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 |
|---|---|---|---|
| Nov 6, 2026 | Price Decreased |
$550,000
↓ $25K
(4.3%) | |
| Price Decreased | |||
| Oct 2, 2026 | Listed by LIST IN MLS REALTY, LLC | $574,900 | |
| Listed by LIST IN MLS REALTY, LLC | |||
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017