48
Map
$959,000
●
House -
For Sale
5577 Saint Armands Way
Westlake, FL 33470
3 Beds
3 Baths,
1
Half Bath
2,543 Ft²
$6,462
Est. Monthly
$408
HOA / Fees
About This Property
This unique 3-bedroom, 3.5-bathroom home with 2,543 sq ft of living
space sits on an 11,352 sq ft lakefront corner lot in the
prestigious 55+ community of Cresswind at Westlake. Significant
post-closing upgrades include a resort-style pool project
($78,500), professionally designed landscaping ($21,736), perimeter
fence ($8,308), and designer lighting fixtures, window treatments,
drapery, and furniture ($36,700). The home also features a private
den and oversized laundry room, along with premium security and
smart-home upgrades, including 12 security cameras and home
automation controlling the heated pool, lights, alarm system, and
waterfalls. Enjoy tranquil lake views and a private outdoor retreat
perfect for relaxing or entertaining. Ideally located just 20
minutes to the beach and Downt
Unit Size
2,543 Ft²
Days on Market
12 days
Land Size
0.26 acres
Price per sqft
$377
Property Type
House
Property Taxes
$1,345
HOA Dues
$408
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 days ago (Beaches MLS #B26095035)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2026 | Listed by KW Reserve Business Brokerage LLC | $959,000 | |
| Listed by KW Reserve Business Brokerage LLC | |||
| Jan 15, 2026 | Listed | $849,000 | |
| Listed | |||
| | |||
|
Located in the prestigious Cresswind at Westlake, this meticulously designed single-story home offers the ideal 55+ lifestyle with the freedom to host family and friends year-round, while maintaining community guidelines that ensure only qualified residents may reside in the property, creating an exceptional balance of privacy, activity, and community in one of Westlake’s most desirable enclaves. The home features 3 bedrooms, 3.5 bathrooms, a private den, oversized laundry, premium security and smart upgrades, and a resort-style outdoor retreat with home automation for heated pool, lights, alarm, and waterfalls. 12 security cameras. Designer landscaping, and tranquil lake views. Ideally situated just 20 minutes to the beach and Downtown West Palm Beach, 40 minutes to Boynton Beach Mall, 15 minutes to Wellington for golf and horse riding lovers, 20 minutes to PBI Airport, and 1 hour to FLL Airport.
| |||
| Mar 14, 2023 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Covered, Driveway, Garage, Garage Door Opener, Paver Block
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Built-in Features, Kitchen Island, Soaking Tub, Walk-In Closet(s), Bathtub, FamilyDiningRoom, GardenTubRomanTub, LivingDiningRoom, MainLevelPrimary, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Gas Cooktop, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
Flooring Type: Ceramic Tile, Laminate, Tile, Wood
Door Features: French Doors
Laundry Features: Laundry Room, LaundryTub
Rooms: 4
Exterior Details
Square Footage: 2543
Square Footage Source: $0
Security Features: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
Property Condition: Resale
Architectural Style: Contemporary, Ranch
Year Built: 2023
Waterfront Features: Lagoon
Building Area Total: 3468
Levels: One
Window Features: Blinds, Sliding
Construction Materials: Block, Other, Stucco, CBSConcreteBlockStructure
Patio and Porch Features: Porch
Pool Features: Gunite, Heated, In Ground, Association, PoolEquipment
Pool is Private
Lot Features: QuarterToHalfAcreLot, SprinklersAutomatic
Lot Size Area: 11325.6
Lot Size Units: Square Feet
Lot Size Acres: 0.26
Lot Size Square Feet: 11325.6
Water Source: Public
Financial Details
Tax Assessed Value: $698,910
Tax Annual Amount: $16,141
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Sewer, Trash, CommonAreas
HOA/Condo/Coop Amenities: Cabana, Clubhouse, Fitness Center, Gated, Pool, Recreation Facilities, Tennis Court(s), Trail(s), Pickleball
HOA Fee: $348
HOA Fee Frequency: Monthly
Condo/Coop Fee: $60
Condo/Coop Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About The Acreage
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Listed by: John A Diaz
KW Reserve Business Brokerage LLC
Last Updated: 12 days ago
Data Source: Beaches MLS, MLS# B26095035
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
KW Reserve Business Brokerage LLC
Last Updated: 12 days ago
Data Source: Beaches MLS, MLS# B26095035
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