One or more photo(s) has been virtually staged, AI generated or
rendered. Experience exceptional new-construction luxury in
Park Shore, crafted by award-winning Borelli Construction of
Naples, celebrating over 40 years and three generations of quality
and craftsmanship. Designed by JMDG, with interiors and furnishings
by Clive Daniel Home, this residence is anticipated to be completed
in early December, just in time for the holidays. Ideally located
near multiple beach accesses, Waterside Shops, Venetian Village,
the new Publix, and Naples' finest dining and shopping, this home
offers an exceptional blend of luxury, convenience, and coastal
living. European white oak wide-plank flooring, refined trim
details, and tall baseboards create a sophisticated aesthetic
throughout. Thoughtfully integrated technology includes Lutron
lighting, Control4 home automation, built-in speakers, security
cameras, and hardwired window shades. The expansive primary suite
occupies an entire side of the home, featuring a private sitting
room, three closets with custom built-ins, and a luxurious
wet-room. The primary bath is elevated by a beautiful
tongue-and-groove ceiling and custom LED-lit shower niches. Three
additional en-suite bedrooms offer generous custom-built closets,
complemented by a dedicated office with a closet, powder bath, and
separate pool bath. The gourmet kitchen features premium Sub-Zero,
Wolf, and Miele appliances, while a well-appointed butler's pantry
adds a sink, additional refrigeration, and second dishwasher. The
spacious great room features a wet bar with wine cooler-ideal for
entertaining. Ten-foot sliders open to an oversized outdoor living
space complete with hurricane shutters, screens, an outdoor kitchen
with built-in grill, and a fireplace. The private, sun-filled
backyard showcases a beautiful pool and spa, creating an inviting
retreat for year-round enjoyment. Elevated to 12 feet, the home
sits two feet above the base flood elevation. A spacious three-car
garage completes this exceptional Park Shore offering, where
thoughtful design, modern technology, and timeless craftsmanship
come together in a home designed for the ultimate Naples lifestyle.
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.
A rare chance to renovate or build new in the heart of Park Shore, one of Naples most prestigious and sought-after neighborhoods. Ideally located west of US-41, this property is just minutes from Venetian Village, Waterside Shops, and the renowned Gulf beaches. Surrounded by luxury residences and lush, mature landscaping, it presents a valuable opportunity for buyers looking to create their own custom retreat in a prime coastal setting. Whether you envision a full-scale renovation or brand-new construction, the lot offers the versatility, size, and location that make it an exceptional investment in the Naples lifestyle. Enjoy proximity to fine dining, boutique shopping, and private Park Shore beach access. Sold As-Is
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