Coastal modern elegance and exceptional craftsmanship come together
in this beautifully renovated 4-bedroom, 3-bath residence on a
quiet street in the heart of Park Shore. Originally the custom
builder's own private residence, this spacious home showcases
high-end finishes and thoughtful details throughout, including
engineered hickory hardwood flooring, extensive custom woodwork,
trim, and built-ins. The light and bright custom kitchen features
white cabinetry and a five-burner gas cooktop and opens to the
spacious main living area. The dining room includes custom built-in
buffet storage, while the split-bedroom floor plan provides maximum
privacy for family and guests. The generous primary suite offers a
true retreat with dual walk-in closets. Situated on a large corner
lot with desirable southern exposure, the home was designed for
Florida indoor-outdoor living. Enjoy a private, completely fenced
backyard, pool with tranquil water feature, and a generous outdoor
entertaining space. Additional features include impact-resistant
windows and doors, a three-car air-conditioned garage, and a
tankless water heater. The home underwent a complete renovation,
including a rear addition with a new roof and trusses. Turtle Hatch
Lane offers a peaceful Park Shore setting just minutes from the
Gulf beaches, The Village Shops on Venetian Bay, Waterside Shops,
and Artis Naples. Park Shore property owners are eligible for
membership in the Park Shore Association and its private Gulf-front
Beach Park. An exceptional opportunity to enjoy the Park Shore
lifestyle in a beautifully updated home with space, privacy and
timeless coastal style.
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.
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