$1,160,000
●
House -
Off Market
5954 NW 85th Ln
Parkland, FL 33067
6 Beds
5 Baths
4,238 Ft²
$1,426,139
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Stunning 6/5/3 waterfront Estate home sits on over an acre
w/manicured grounds, fully fenced backyard & fabulous custom
pool/spa & summer kitchen perfect for entertaining on warm Florida
nights. Grand entryway greets you w/soaring high ceilings, crown
molding, floor-to-ceiling windows provide tons of natural light,
Marble floors thru-out living areas, electric fireplace, wet bar,
eat-in kitchen w/real wood cabinets, granite & SS appliances,
sought after triple split floor plan, Master suite boasts tray
ceilings, sitting area, His/Her custom walk-in closets, dual sinks
& separate tub/shower. Separate children's wing has a play area &
sitting room. Split AC system, hurricane shutters, wired for whole
house generator, lake-fed auto-sprinklers & oversized 3-car
garage/car lift not included
Unit Size
4,238 Ft²
Days on Market
-
Land Size
-
Price per sqft
$283
Property Type
House
Property Taxes
$1,292
HOA Dues
$258
Year Built
1996
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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: 3 years ago (Beaches MLS #F10275833)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by RE\MAX In Motion | $1,199,000 | |
| Listed by RE\MAX In Motion | |||
| May 5, 2020 | No longer available | - | |
| No longer available | |||
| Aug 8, 2019 | Listed by RE/MAX Advisors | $985,000 | |
| Listed by RE/MAX Advisors | |||
| | |||
|
OUTSTANDING STATELY WATERFRONT HOME SET ON A MAGNIFICENT 1+ ACRE, OF MANICURED GROUNDS. SPRAWLING LAWNS FOR PLAY, FULLY FENCED REAR YARD, ENORMOUS CUSTOM POOL & SPA, & FABULOUS EXPANSIVE PATIOS & GRAND SUMMER KITCHEN FOR ENTERTAINING! SOARING HIGH FLAT CEILINGS W/ CROWN MOLDINGS & HUGE WINDOWS THAT ALLOW BEAUTIFUL VIEWS & LIGHT FILLED ROOMS. MARBLE FLOORS THROUGHOUT THE FORMAL LIVING & DINING ROOMS, KITCHEN & LOVELY FAMILY ROOM WHICH FEATURES AN ELECTRIC FIREPLACE & BAR. KITCHEN HAS WOOD CABINETS, GRANITE COUNTERS & STAINLESS STEEL APPLIANCES. SOUGHT AFTER TRIPLE SPLIT FLOOR PLAN. HUGE MASTER SUITE WITH COFFERED CEILING, SITTING AREA & LUXURIOUS BATH. CHILDREN'S WING HAS A SITTING / PLAY AREA TOO! OVER SIZED 3+ CAR GARAGE & SO MUCH MORE, ALL IN A WONDERFUL GUARD GATED COMMUNITY. The manager has listed the unit size as 4175 square feet.
| |||
| Jan 14, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Parkland
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Listed by: Laura Sanders
RE\MAX In Motion
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10275833
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.
RE\MAX In Motion
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10275833
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017