A boater's paradise! This gated Key West-inspired European retreat
offers Lighthouse Point's waterfront lifestyle: direct ocean
access, NO fixed bridges, a new seawall, and a concrete 100-ft
deep-water dock, Hillsboro Inlet minutes away. Inside: 2 new 2026
AC units, generator, dual-tank water purifying system, marble
floors, all-impact glass, private elevator, and a dolomite marble
kitchen. Main level has two en-suite bedrooms with custom walk-in
closets, walk-out pool access. Upstairs, 3 bedrooms open to the
wrap-around balcony; primary suite with his-and-her bathrooms, a
wet bar, and walk-in closets. Mudroom/laundry to 3-car garage with
epoxy floors, hurricane-grade door. Gas runs to kitchen and summer
kitchen; travertine pool deck, heated pool, full-AC cabana bath.
Truly a special lot!
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.
Appliances: Cooktop, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Range, Ice Maker, Microwave, Oven, Water Purifier Owned, Refrigerator, Water Softener Owned, Water Softener, Water Purifier, Wine Refrigerator, Washer
Flooring Type: Marble, Wood
Laundry Features: Main Level, Laundry Room, Upper Level
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