Welcome to a luxurious oasis in the heart of Park Shore where
sophistication meets comfort in this exquisite three-bedroom,
three-bathroom condominium. This lovely property is a testament to
refined living, boasting an impressive 3,074 square feet of
meticulously designed space. Step into a world of elegance
crafted by award-winning designer Wilfredo Emanuel. The interior is
a masterpiece of style and functionality, featuring European wide
plank wood flooring that flows seamlessly throughout the home. The
attention to detail is evident in every corner, from the 8-foot
3-panel wood interior doors with 4-inch casings to the generous
8.5-inch baseboards that add a touch of grandeur. The heart
of this home is undoubtedly the gourmet kitchen, a culinary
enthusiast's dream come true. Outfitted with luxury SubZero and
Wolf appliances, direct vent hood, 42-inch upper cabinets, and
stunning 2.25-inch quartz countertops, it's a space that beckons
creativity and gatherings. A charming custom banquette in the
breakfast area, complete with built-in storage, offers the perfect
spot for casual meals or morning coffee. The primary bedroom
is a serene retreat, featuring custom ceiling details that create a
sense of opulence. The en-suite bathroom is a spa-like sanctuary,
boasting a large walk-in shower with a custom frameless enclosure
and a separate freestanding tub for ultimate relaxation.
Throughout the condo, designer light fixtures and LED
lighting create ambiance, while Fanimation ceiling fans ensure
comfort year-round. The custom window coverings add a layer of
sophistication while allowing you to control natural light and
privacy. For those who appreciate finer things, this property
comes with a designer furnishing package that includes pieces from
renowned brands such as John Richards, Vanguard Custom Furniture,
Caracole, and Lexington, among other high-end manufacturers. Safety
and convenience are paramount in this residence. PGT
impact-resistant windows throughout and impact-resistant garage
doors provide peace of mind during storms. A private elevator
ensures easy access to the second level of the home, while the
two-car attached garage offers ample space for vehicles and
storage. The enclosed lanai space is equally impressive with
custom ceiling details that mirror the interior's elegance. For
added flexibility, the six foot sliding windows allow the lanai
space to be opened for fresh breezes, but the convenience of
utilizing it as AC space as well. Located in the heart
of Park Shore, you'll find yourself just a short distance from fine
dining, upscale retail, and the sugar sand beaches this area is
known for. It's where luxury meets functionality, where
every detail has been thoughtfully considered to create a living
space that's both impressive and inviting. Private membership
to Park Shore Association is available for beach access and
parking.
Unit Size
3,074 Ft²
Days on Market
49 days
Land Size
-
Price per sqft
$781
Property Type
Condo
Property Taxes
$570
HOA Dues
$1,300
Year Built
1995
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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%.
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.
Parking Features: Attached, Common, Garage, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Covered Spaces: 2
Has Attached Garage: Yes
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built In Features, Bathtub, Tray Ceilings, Closet Cabinetry, Cathedral Ceilings, Entrance Foyer, French Doors Atrium Doors, Fireplace, Kitchen Island, Living Dining Room, Separate Shower, Cable Tv, Walk In Closets, Window Treatments, Elevator, Split Bedrooms
Appliances: Built In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Refrigerator With Ice Maker, Self Cleaning Oven, Tankless Water Heater, Wine Cooler, Washer
Flooring Type: Tile, Wood
Living Area Square Feet Source: Plans
Doors: French Doors
Laundry Features: Inside, Laundry Tub
Has Fireplace
Exterior Details
Property Condition: Resale
Year Built: 1995
Waterfront Features: None
Home Type: Residential
Architectural Style: Coach Carriage, Low Rise
Roof: Tile
Window Features: Single Hung, Sliding, Impact Glass, Window Coverings
Construction Materials: Block, Concrete, Stucco
Pool Features: Community
Lot Size Source: Appraiser
Financial Details
Tax Year: 2024
Tax Annual Amount: $6,841
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Utilities: Cable Available, High Speed Internet Available, Underground Utilities
Location Details
Association Fee Includes: AssociationManagement, CableTv, Insurance, Internet, LegalAccounting, PestControl, ReserveFund, Sewer, StreetLights, Water
Association Amenities: Beach Rights, Beach Access, Clubhouse, Fitness Center, Pool
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