Now under construction in the highly sought-after Park Shore
neighborhood of Naples, this exceptional waterfront estate by
Borelli Construction, a premier luxury builder in Naples, is
perfectly positioned on the blue waters of Venetian Bay with Gulf
access and a brand-new seawall. Designed by Unique Hite Designs
with pool and hardscape by Outside Productions International and
curated interiors and furnishings by Carrie Brigham Design, this
one-level residence offers over 5,000 square feet of refined living
space and is estimated for completion in January 2027. The
thoughtfully designed floor plan includes five en-suite bedrooms, a
dedicated office, and two half baths, including a well-appointed
pool bath with generous storage for towels and outdoor essentials.
A spacious great room concept anchors the home, featuring a wet
bar, custom dining room built-ins, and detailed stonework, all
oriented to capture sweeping water views. The chef's kitchen is a
showpiece, highlighted by a brick and stainless steel hood, French
blue Lacanche range, two 36-inch Sub-Zero over-under
refrigerator/freezers, Wolf convection and steam ovens, and a
built-in Miele coffee system. Interior appointments include
wide-plank European white oak flooring, extensive trim and ceiling
detailing, designer plumbing fixtures, and a fully integrated
Crestron home automation system controlling built-in speakers,
security, cameras, hardwired shades, and Lutron lighting. A
whole-house generator and 1,000-gallon underground propane tank
provide peace of mind. Outdoor living is equally impressive. The
covered lanai features a fully equipped outdoor kitchen with
Alfresco grill and pizza oven, island bar seating, fireplace, and
protection from screens and shutters. The resort-style pool design
seamlessly connects the entertaining areas to the bay,
incorporating stepping stones, a sun shelf, sunken fire pit, and
tranquil water features. An oversized lot offers rare grassy yard
space, and your boat can be docked in your backyard for quick
access to the Gulf of Mexico. Ideally located near Sea Gate Beach
and Park Shore beach access, and just minutes from premier shopping
and dining at Waterside Shops and Venetian Village, this residence
represents an extraordinary opportunity to own a newly constructed
waterfront estate in one of Naples' most desirable coastal
communities.
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.
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