A rare Waterfront estate offering privacy, scale, and true
deep-water boating. This property is truly special! As you approach
the home, an expansive grand driveway entrance leads to a private
estate located at the end of a quiet street. Situated on a premier
corner lot just outside the city, this property offers pure
peacefulness and a true Old Florida lifestyle rarely found in
today's market. The estate spans approximately 1.5+ deeded acres
(2.5+ usable) with an impressive 750+ feet of river frontage,
delivering breathtaking 180-degree river views and a sense of
seclusion throughout. Mature oak trees, lush landscaping, a newer
boat dock with two lifts, and direct Gulf Yacht access complete
this exceptional waterfront setting. Outdoor living is centered
around a resort-style pool with a center spa and sun shelf, paired
with a fully equipped professional outdoor kitchen, ideal for
relaxing or entertaining along the river. Recessed exterior
lighting surrounds the home, creating a refined evening ambiance.
Inside, the home offers over 6,000 square feet of well-designed
living space with 6+ bedrooms. A soaring grand entry immediately
draws your eye to the water, with expansive river views, abundant
natural light, and high ceilings throughout. Natural oak flooring
runs throughout the home and is complemented by custom
baseboards.The open floor plan flows into the chef's kitchen
featuring a large island, Wolf appliances, Sub-Zero
refrigerator/freezer, wine cooler, butler's pantry, granite
countertops, and floor-to-ceiling custom cabinetry. Zero-corner
impact sliders seamlessly connect the interior to the outdoor
living areas, making this home ideal for entertaining. The primary
suite features a spacious custom closet and a stunning master
bathroom with a walk-in shower, stand-alone soaking tub, and dual
vanities. Additional features include a whole-home reverse osmosis
system, flood barrier system for peace of mind, oversized garages
large enough to park a large boat, RV and or your car collection,
and extra large storage space in a dedicated room above the garage.
This waterfront location offers large yacht boating access, east or
west. Be on the east coast in hours via the lock system out to the
Atlantic Ocean or head to the Keys out the river and to the Gulf
waters. A truly special riverfront property offering privacy,
quality, and unmatched boating access in Lee County.
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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