This rare gem strikes the perfect balance between proximity to
downtown and Palm Beach, a peaceful private retreat, and the
perfectly curated entertainment oasis. Thoughtfully
reimagined, from Turkish limestone floors inside and out, to marble
baths and kitchen, generator, roof, impact windows and doors,
custom interiors (including additional 65 sq ft under air), pool &
equipment, the list goes on. The true magic of this property
are the bespoke gardens - from the beautifully framed long
waterfront views, to the exotic trees (mature tree canopy), fruit
trees, shrubs, air plants (see attachment), and dedicated walking
paths - to being located just on the edge of the Arthur R. Marshall
Loxahatchee National Wildlife Refuge, encompassing 145,188 acres
(226 square miles).
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.
Interior Features: Wet Bar, Breakfast Bar, Bidet, Built-in Features, High Ceilings, Kitchen Island, Soaking Tub, Bar, Walk-In Closet(s), BedroomOnMainLevel, Bathtub, DualSinks, KitchenDiningCombo, MainLevelPrimary, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Heater, Wine Refrigerator, Washer
Flooring Type: Other, Tile
Laundry Features: Laundry Room
Rooms: 5
Exterior Details
Square Footage: 2655
Square Footage Source: $0
Security Features: Gated with Guard, Gated Community, Smoke Detector(s)
Property Condition: Resale
Year Built: 2000
Waterfront Features: Lake Front
Building Area Total: 3605
Levels: One
Other Structures: Storage
Window Features: Blinds, Bay Window(s)
Construction Materials: Block, Stucco
Patio and Porch Features: Covered, Deck, Patio, Porch
Pool Features: Heated, In Ground, Pool/Spa Combo, Salt Water
Pool is Private
Lot Features: Landscaped, Many Trees, FiveToTenAcres, FruitTrees
Lot Size Area: 217800
Lot Size Units: Square Feet
Lot Size Acres: 5
Lot Size Square Feet: 217800
Water Source: Well
Financial Details
Tax Annual Amount: $11,176
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
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