Experience the pinnacle of modern design and South Florida living
in this completely reimagined residence, nestled on a quiet
cul-de-sac within the prestigious gated community of Bear Lakes on
Seminole Circle. Meticulously renovated with incredible features
and upgrades, this 4-bedroom plus flex room (optional 5th bedroom),
4.5-bath home offers 4,505 square feet of luxurious living space
designed for both everyday ease and grand entertaining. Step inside
through a 15-foot foyer illuminated by a designer chandelier,
leading into an expansive great room with 13-foot ceilings and
sliders that open to a serene marble courtyard-creating a seamless
indoor-outdoor connection. The heart of the home is a showstopping
chef's kitchen featuring a 120+ inch waterfall island, quartz
countertops with a full quartz backsplash, custom modern cabinetry,
reach in pantry and a full Thermador appliance suite (2024). The
primary suite is a private sanctuary with tranquil pool views, dual
walk-in closets with custom built-ins, electric shades, and a
spa-inspired bath with a soaking tub, oversized dual-head shower
wrapped in large-format porcelain tile, and a 10-foot quartz custom
dual vanity. Additional ensuite bedrooms offer comfort and style,
while a versatile flex room serves perfectly as a gym or office.
Recent enhancements include a new concrete flat tile roof, complete
impact windows and doors, two inverter HVAC units, new modern
driveway pavers, new upgraded screens and fresh interior and
exterior paint (all 2024). Outdoors, enjoy resort-style living with
a newly refinished salt-chlorinated pool finished with premium
Florida Gem and glass tile, sandblasted marble pool deck, and a
2025 summer kitchen all surrounded by lush, private landscaping.
Bear Lakes residents enjoy 24/7 security, low HOA fees, and access
to three resident-only private parks with tennis, pickleball, and
pool all minutes from premier golf clubs, fine dining, luxury
shopping, PBI Airport, and the world-class beaches of Palm Beach.
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.
You MUST see this amazing custom home in Bear Lakes Estates. As soon as you enter the foyer, you will begin to imagine wonderful gatherings with friends and family! The open floor plan, with all oversized rooms and a beautiful screened pool with lots of decking, will make entertaining both easy & enjoyable! This home is on a cul-de-sac in a manned gated area, close to the Bear Lakes Country Club, but NO MEMBERSHIP is required (however, it is available if desired - see attached info). The community offers 3 large recreation areas that include lighted tennis courts, Olympic size pool, sand volleyball court, picnic tables, children's playground & much more - all included in your low monthly HOA fee.The manager has listed the unit size as 4000 square feet.
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