NEW AND IMPROVED PRICE! This Grand Paradiso residence stands apart
for the upgrades buyers can feel from the moment they arrive. Set
on a premier lot with unobstructed pond and mature preserve views,
this five-bedroom, four-and-a-half-bath home delivers exceptional
privacy, extensive 2023-2025 improvements, and more than $200,000
invested in Florida living upgrades. Added in 2024, the 5-foot-deep
heated saltwater pool with sun shelf and fountain spa creates a
true backyard retreat beneath a panoramic screen enclosure.
Northwestern exposure brings beautiful afternoon light and sunsets,
while multicolor lanai lighting sets the mood after dark. Electric
remote shade screens on the covered lanai add comfort, and durable
20/20 screening helps make outdoor living enjoyable year-round. A
fenced side yard provides a secure space for pets, while direct
lanai access to the first-floor guest suite adds privacy and
convenience. The home's exterior was comprehensively refreshed in
2024 with Viwinco hurricane impact-rated windows and exterior
doors, PGT impact sliding glass doors, fresh exterior paint,
architectural accents and corbels, custom curbing, Florida-native
landscaping, new irrigation lines and sprinkler heads. Dual York
HVAC systems were installed in 2023, and a generator-ready exterior
connection for a portable generator was added in 2025. Inside, the
main level is designed for connection and entertaining. A welcoming
sitting area with dry bar flows to the dedicated dining area, while
the bright kitchen features an oversized quartz island and opens to
the main living space. Tall ceilings, transom windows, and a wall
of glass sliders fill the great room with Florida sunshine and
frame the water and preserve backdrop beyond. Crown molding,
decorative shiplap detailing, and thoughtfully selected finishes
add character throughout. Upstairs, an open loft is surrounded by
the primary suite, three additional bedrooms, and a flexible bonus
room currently used as a music studio. Wood-plank flooring extends
through the loft, bonus room, and primary suite. The primary offers
two walk-in closets plus linen storage in the en-suite bath. Two
secondary bedrooms and the bonus space share access to a
dual-vanity bath, while another bedroom enjoys its own en-suite
bath. A split three-car garage with overhead storage offers room
for vehicles, a golf cart, and more. Gran Paradiso residents enjoy
resort-style amenities within comfortable walking distance,
including the clubhouse, pool, fitness center, tennis, pickleball,
walking trails, and an active social calendar. HOA fees under
$1,000 per quarter include lawn care, Hotwire internet and cable,
and full access to the community amenities, all just minutes from
Downtown Wellen Park, CoolToday Park, shopping, dining, and
beaches. ¤ Please see 3D Tour and Video ¤
KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
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100% Occupancy
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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%.
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: Driveway, Garage Door Opener, Golf Cart Garage, Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Ceiling Fan(s), Crown Molding, Dry Bar, High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s), Eating Space In Kitchen, In Wall Pest System, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Window Treatments
Appliances: Bar Fridge, Oven, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Wine Refrigerator
Flooring Type: Carpet, Ceramic Tile
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Rooms: 13
Has Fireplace
Fireplace Features: Decorative, Electric, Family Room
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