Tucked within the gulf-front enclave of Gulf Ridge, this coastal
residence is defined by its rare positioning between a tranquil
lagoon and the Gulf, offering sweeping water views, tropical
privacy, and direct beach access. Thoughtfully designed across
multiple levels, the home blends space, flexibility, and relaxed
coastal living. The ground level is designed for outdoor enjoyment
and everyday practicality, featuring direct access to the pool area
with a newly enclosed screen, perfect for year-round use. A
spacious multi-car garage provides ample storage for vehicles,
bikes, and beach gear, making island living effortless. The main
living level serves as the heart of the home, offering generous
gathering spaces ideal for both daily living and entertaining. A
well-appointed kitchen with an adjacent dining area anchors the
floor, while the expansive living room opens to an enclosed patio
overlooking the lagoon and lush surroundings. Three bedrooms and
two bathrooms on this level provide comfortable accommodations for
family and guests, all complemented by hurricane shutters for added
peace of mind. The top floor is dedicated to a private primary
retreat, creating a true sanctuary above it all. This level
features a spacious bedroom with access to a private patio
showcasing unobstructed lagoon and Gulf views, a spa-inspired
bathroom with soaking tub and separate shower, and a walk-in
closet. A morning kitchen and additional sitting area enhance the
retreat-like feel, while an additional guest bedroom offers
flexibility for visitors or extended stays. Surrounded by mature
tropical landscaping and set in one of the area's most desirable
gulf-front communities, this home offers a rare opportunity to
enjoy privacy, water views, and beach access in a thoughtfully
designed coastal setting.
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.
Gulf Ridge A Gulf Front Subdivision, This magnificent 5-bedroom, 5-bathroom family home offers breathtaking views of a serene lagoon, lush tropical landscaping, and access to the beach, creating an unparalleled living experience.
The enclosed lower level provides direct entry to the pool with a newly enclosed screen for year-round enjoyment, complemented by a multiple-car garage ideal for vehicles, bikes, and beach gear.
The second level features 3 bedrooms and 2 bathrooms, providing ample space, and a large kitchen, completed with a dedicated dining area. The expansive living area offers comfort and versatility, flowing seamlessly to the enclosed patio. Outfitted and equipped with hurricane shutters.
The luxurious master suite occupies a private space on the third level, complete with a walk-in closet and a spa-like bathroom featuring a soaking tub and a separate shower. The master bedroom opens to its own patio, offering unobstructed views of the lagoon and beach. The master suite also features a morning kitchen, an additional living area, enhancing comfort and convenience, and guest bedroom.
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