405 Samar Avenue
About This Property
An exceptional opportunity to own a brand-new construction waterfront estate in the charming highly sought-after Isles of Capri, where luxury living meets effortless access to the Gulf.
This professionally designed and furnished residence offers 5 spacious bedrooms + a den, 4 full bathrooms, and a three-car garage. Thoughtfully crafted with a bright, open-concept layout, the home is filled with natural light through expansive glass sliding doors that seamlessly connect the indoor living spaces with the outdoor waterfront setting. A striking fireplace anchors the main living area, creating an inviting yet sophisticated gathering space. Stunning designer chandeliers & light fixtures will impress even the pickiest buyers. Beautiful wood floors.
The chef's kitchen is both beautiful & functional, featuring an oversized island, quartz countertops, gas cooktop with pot filler, walk-in pantry, dual wine coolers & a full suite of premium Thermador appliances-perfect for entertaining or everyday living.
The spacious primary suite offers a private retreat with direct access to an expansive balcony shared with the main living area, where you can take in tranquil water views and coastal breezes. His and her closets with built ins will keep you organized. Lower level features a huge family room with a sitting area, perfect for wine tastings or cocktails, a full-size bathroom, large bedroom and a flex room that can serve as another bedroom, den or storage room.
Luxury outdoor living features a large, heated saltwater pool with elegant water features, gas fire bowls, and a relaxing spa-creating a stunning backdrop for both quiet evenings and vibrant gatherings. Huge screened in lanai (no-see-um screens) with covered and uncovered areas, and spectacular outdoor kitchen with a large island. Impact windows and doors, metal roof, paver driveway, designer landscaping, 1000 gal propane gas tank.
For boating enthusiasts, the property delivers direct Gulf access and an impressive new dock equipped with a 40,000-lb boat lift, water, electricity & a fish cleaning station-making it effortless to enjoy days on the water.
Beautifully furnished, professionally decorated, and ideally positioned in one of Southwest Florida's most unique waterfront communities, this remarkable residence represents the very best of luxury coastal living. Nestled along Florida's Gulf Coast, Isles of Capri is a charming subtropical island known for its natural beauty, abundant wildlife, and relaxed coastal lifestyle. Residents enjoy a paddle and kayak park, scenic walking and jogging paths, a community park with bocce courts, four popular waterfront restaurants, and three full-service marinas. Ideally located just one mile from Marco Island and approximately 15–20 minutes from the shopping, dining, and cultural attractions of Downtown Naples.
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What does this mean?
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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017