5 Sheldrake Lane
About This Property
MARLWOOD ESTATES
PALM BEACH GARDENS, FL 33418
FEATURES LIST
This outstanding meticulously maintained one story home with 3508 square feet of indoor living, is located on a quiet cul-de-sac lane and was redesigned and newly reconstructed in 2010 by Puzzitiello Custom Builders, a third generation contractor who has been recognized for their emphasis on design, quality and workmanship. Attention to every detail is evident in the following list of features:
OVERALL FEATURES INCLUDE
a€¢ 3 zone Rheem air conditioners
a€¢ New plumbing throughout featuring oil rubbed bronze fixtures and Toto toilets; two (2) tank less gas water heaters; In Sinkerator brand instant hot water tank and dispenser
a€¢ New 400 AMP Electrical service, with new wiring throughout the home, including dimmer switches, receptacles and exquisite lighting fixtures
a€¢ New roof structure with hurricane approved strapped joist including all exterior studs; Wind Mitigation Certificate available
a€¢ Hurricane PGT "Winguard Impact-Resistant tinted windows, skylights and all sliding doors
a€¢ Hurricane impact resistant custom solid mahogany and glass front entry door with five (5) point locking system
a€¢ All exterior and interior studs have been sprayed from the slab up to four (4) feet with a revolutionary new liquid technology by Hulett, which is one of the most effective defenses in termite and pest control solutions (photos available)
a€¢ All exterior walls, ceilings, and attic have foam Icynene insulation for moisture and sound control which contributes to low electrical bills
a€¢ Cat 5 wiring throughout featuring Surround Sound System, speakers with volume controls in various rooms, including outside on the lanai
a€¢ All Hardwood and Marble flooring a€" No Carpet!
a€¢ 8" Baseboard and Crown Moldings throughout
a€¢ Central Vacuum throughout including a Toe Sweep in the Kitchen
a€¢ Automatic 20,000 KW Generator set up to service the entire home
a€¢ 500 Gallon underground Propane Gas tank
a€¢ Security alarm system
a€¢ Two air conditioned storage rooms
a€¢ Garage attic storage with flooring and pull down stairs
The Gourmet Kitchen is the center focal point of this home. Here are some of the great features:
a€¢ Beautiful award winning gourmet kitchen with marble and granite counters
a€¢ Exquisite twelve (12) light chandelier hanging over the marble island counter
a€¢ Butler Pantry with separate walk-in pantry storage, two (2) zone wine cooler, wet bar, and custom cabinetry, including top cabinets with glass panels, custom glass rack and soft close drawers
a€¢ GE Monogram appliances including a 48" built-in refrigerator/freezer; dish washer; warmer drawer; convection ovens and induction cook top with custom designed backsplash; GE Advantium microwave; In Sinkerator disposal; 1200 cfm ventilation aan; custom cabinetry hood and ventilation system including dimming lights
a€¢ Coffered ceiling with cypress inlay
a€¢ Some lower cabinetry with pullout drawers
a€¢ Adjacent 14 foot breakfast bar
a€¢ Adjacent informal kitchen dining area
The Family Room is adjacent to the Kitchen, and has direct access to the Lanai, Den, and Guest Bedrooms and Guest Bathroom. The following are some of the features of this spacious room:
a€¢ Custom designed entertainment center and cabinetry with glass display shelves and storage which conceals media components including surround sound with infrared remote;
a€¢ Remote controlled gas fireplace and large screen TV above
a€¢ Built-in speakers with volume control
a€¢ 14' Coffered Cypress ceiling with ceiling fan
a€¢ Remote controlled window shades
A charming Wine Storage Room is one of the focal points of the main living area. It features:
a€¢ Custom designed wrought iron decorative entry door with storage racks for over 200 bottles of wine all of which is conveniently located to the formal dining, kitchen bar, and family room
The elegant Formal Dining Room is conveniently located on the front of the home adjacent to the entrance foyer, the Butler Pantry and Kitchen. You will be impressed with the features of this room:
a€¢ Tray Ceiling with dimmable lighting
a€¢ Two (2) lighted wall sconces
a€¢ Built-in speakers with volume control
a€¢ Wainscoting
a€¢ Decorative Columns
a€¢ Custom Draperies
a€¢ Conveniently adjacent to the Butler Pantry and Entry Foyer
The split bedroom plan provides for the privacy of an owners retreat with all the amenities you would expect in this caliber of home:
a€¢ Vaulted Ceilings with two (2) ceiling fans
a€¢ Hardwood flooring in Bedroom and Large Sitting Area
a€¢ Two walk-in closets with custom built-in drawers, storage and shelving
a€¢ A separate closet for hang-up dresses and shelving for shoes
a€¢ His and Her large vanities with separate sinks and marble tops
a€¢ His and her designer mirrors and lighting fixtures
a€¢ Decorative marble flooring
a€¢ Bath Ceiling Fan
a€¢ Separate dual rain head marble shower
a€¢ Whirlpool jetted tub
a€¢ Private toilet room
a€¢ Remote shades in bath area
a€¢ Wall mounted TV
a€¢ Remote control shades
The Guest bedrooms and den are conveniently located adjacent to the Family living areas of the home.
a€¢ The First guest bedroom/den and the Second Bedroom share a private full guest bath which services the pool and family room entertainment areas of the home
a€¢ Second guest bedroom also features a double closet
a€¢ The Third guest bedroom is a private mini suite which overlooks the pool and golf course. This suite can be closed off from the main house and there is a private entry door that leads out to the pool and lanai. It includes a full private bath.
The Laundry/Mud room is conveniently located adjacent to the garage. It includes:
a€¢ Private entrance off driveway
a€¢ GE Profile pedestal washer and gas dryer
a€¢ Granite counter with deep laundry sink
a€¢ 42" Cabinetry
a€¢ 2nd Refrigerator
The double 78' paver driveway with a ten (10) car capacity, leads to an oversized two car garage and a private entrance laundry/mud room.
GARAGE FEATURES
a€¢ Oversized 2 car capacity garage with hurricane impact 18' double door with remote door opener and a commercial porcelain floor
a€¢ Built out ceiling for a car lift
a€¢ Pull down stairs to floored attic storage and access to air conditioned storage room
a€¢ Overhead storage cabinets
a€¢ Ceiling fan
EXTERIOR HOME FEATURES
a€¢ An entertainer's dream encompasses a magnificent 800+square foot Lanai with Cypress ceilings; Four (4) ceiling fans; travertine decking
a€¢ Custom designed Cypress wood and marble top wet bar with built-in ice maker and stainless steel sink. Great under counter pull-out shelves for bar storage
a€¢ Separate Summer Kitchen with granite tops and tile wall background. Custom cabinetry with built-in GE stainless steel gas grill; hood ventilation fan; GE refrigerator and stainless steel sink with hot and cold water
a€¢ Spectacular view of the 9th hole on the PGA National Squire Golf Course and Lake
a€¢ Stucco Exterior Walls
a€¢ Covered Front Entry with Cypress wood ceiling; a custom eight(8) foot solid Mahogany door with hurricane impact-resistant glass in
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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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