Elite opportunity to purchase this new estate in the prestigous
Southfields community in Wellington. Unite with the builder now,
currently in mid phase construction to enable your personal flair
on this unique homes finishes. This contemporary masterpiece boasts
a total of 8,005 sqft of indoor living, in addition to the 2,206
covered patio that overlooks a detailed outdoor oasis. Inside the
home, a grand entrance featuring a 6 x 10 pivot front door welcomes
you and directs attention the 12- 16.5 ceilings throughout the
entire house. 48 x 48" Tile floors grace the estate and you will
admire the extra wide hallways and doors as you tour the open
concept living area featuring a custom walk-in wine cooler, a
gourmet chefs kitchen with top class Miele/ Sub Zero appliances,
butlers pantry, a double island with bold 2.5" thick
countertops, and ground to ceiling cabinetry. The split concept
primary suite is its own spa-inspired wing that features two roomy
walk in closets, morning bar, a 464 sqft primary bath with glass
enclosed steam shower, soaking tub, two water closets with Toto
seating, and two separate vanities. Included in the private suite
wing is a recovery room with cold plunge tub and large sauna. On
the north wings you will encounter four additional en suite
bedrooms, mudroom with dog wash station, fitness room, and sports
room with custom bar for entertaining guests. In addition, a formal
dining room, dedicated office, and two half baths are also
showcased. The outdoor oasis is a luxurious resort
style space that is sure to impress the most particular homeowner.
In its center is a 20 x 36 ft. heated, saltwater pool that is
flanked by firebowl features and jetted spa, outdoor kitchen,
accent lighting, and lush tropical landscaping to complete the
private, fully enclosed green space. This amazing
estate also delivers an oversized 4 car garage, ample storage and
cabinetry, large dual laundry room, smart home technology, security
cameras, upgraded insulation, a 6 zone A/C system with linear
grills, and a 1000 gal. propane tank. Entire lot is fully fenced,
security system, and a double gated driveway in addition to the
newly approved 24 hr. manned guard gate at the forefront of the
community.
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.
This is an exceptional opportunity to acquire a stunning equestrian estate ideally positioned on a paved road, just adjacent to the prestigious new Palm Beach International Equestrian Center and Polo Club. Enjoy the convenience of proximity to world-class equestrian facilities, offering unparalleled access to premier events and amenities in the heart of equestrian country.
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