16598 Fleur De Lis Way
About This Property
Graced by its premier location, commanding views of a tranquil lake and a picturesque fountain, this exceptional property spans a total of 10,070 square feet, with an interior space of 7,757 square feet, set upon over half an acre of meticulously manicured land. Enter through grand double doors to be greeted by a palatial formal sitting area adorned with towering windows that frame the picturesque vistas, infusing the space with an ethereal allure. With six grand bedrooms and six and a half baths, including a lavishly appointed primary suite boasting a morning bar and bespoke custom closets, every corner of this estate exudes opulence.
Designed to indulge the most discerning culinary desires, the chef's kitchen is a masterpiece, featuring state-of-the-art Wolf and Sub-Zero appliances seamlessly integrated with two spacious walk-in pantries. From intimate gatherings to lavish soirees, this culinary haven is equipped to dazzle and delight.
Entertainment options include a sophisticated game room, a lavish full bar, and a private in-home theater system adorned with plush seating. Stay active in the private gym or retreat to the tranquility of the lushly appointed outdoor spaces, featuring a resort-inspired heated pool, gas-stone fire pits, and a gourmet summer kitchen, creating an ambiance of unparalleled luxury. Additional amenities include an elevator for seamless accessibility, electric shades for added comfort, a full-home natural gas generator, and a state-of-the-art security system with cameras.
SEVEN BRIDGES:
Seven Bridges epitomizes luxury living with its resort-style community boasting a sprawling 33,000-square-foot clubhouse brimming with diverse amenities. Among its offerings are 13 tennis courts, a comprehensive fitness center, indoor and outdoor basketball courts, and an arcade for entertainment. The pool area is a haven with its splash pad, resort-style pool, and lap pool. Residents can enjoy card rooms, event spaces like the Grand Lounge, and outdoor pavilion within the clubhouse and indulge in culinary delights at the 5-star Prime 7 restaurant. Adding to the convenience is an on-site Starbucks, ensuring every comfort is within reach. Seven Bridges offers a pinnacle of luxurious living in South Florida.
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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.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017