Welcome to your own slice of paradise in the sought-after Estero
Palms community. This stunning 2,429-square-foot residence offers
the perfect blend of timeless craftsmanship, modern sophistication,
and relaxed Florida living. Featuring three spacious bedrooms and
two and a half bathrooms, the thoughtfully designed layout flows
effortlessly, creating an airy and inviting atmosphere throughout.
Step inside to discover soaring 16-foot ceilings accented by
elegant crown molding, impressive 12-inch baseboards, and abundant
natural light that enhances the home's open and expansive feel.
These architectural details create a sense of grandeur and showcase
the exceptional craftsmanship rarely found in the area. The
interior has been refreshed with a crisp coat of paint, plush new
carpeting, and gleaming new countertops, bringing a fresh, updated
feel to the home. Beyond the living area, impressive 10-foot
sliding glass doors open to your private outdoor oasis. A sparkling
pool overlooks a serene lake, creating the perfect backdrop for
relaxation and entertaining. With coveted eastern exposure, the
lanai is an ideal setting to enjoy your morning coffee while
watching the sunrise over the water or hosting guests in a peaceful
waterfront setting. Additional peace of mind comes with a roof
installed end of 2018. Combining impressive architectural details,
inviting living spaces, and a picturesque lakefront setting, this
beautifully refreshed Estero Palms residence offers an exceptional
opportunity to enjoy the best of Southwest Florida living.
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.
Located in the charming gated community of Estero Palms, this fully custom pool home offers exceptional quality. The 18-foot ceilings are enhanced by soaring crown molding, large windows, and impressive 12-inch baseboards. It's rare to find such craftsmanship in the area. Enjoy beautiful 10-foot windows, solid core doors, a paved driveway, and a pool deck all contributing to an elegant atmosphere that's move-in ready. Spacious rooms include a large family room adjacent to the kitchen, as well as living and dining areas. You can walk to Estero Park and make use of amenities like pickleball, bocce, volleyball, playgrounds, disc golf, a dog park, basketball courts, an amphitheater, walking paths, a pavilion, and fishing spots. Very low fees. Ready to move right in!
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