Beautiful lake views from the property, with both the primary suite
and great room perfectly positioned to overlook the water, set the
tone for this exceptional Pasadena ESP. Designed with comfort and
flexibility in mind, this home features an Extra Suite Plus ideal
for multigenerational living or extended guest stays. The
chef-inspired kitchen showcases white designer cabinetry paired
with polished quartz countertops, flowing seamlessly into the
connected great room and dining area beneath an impressive vaulted
ceiling that enhances the sense of space and light. The private
primary suite offers a spacious walk-in closet and a spa-like bath
complete with a stylish barn door and a freestanding soaking tub.
Extending the living space outdoors, a versatile covered patio with
a 12-foot multi- slide door creates the perfect setting for
entertaining or relaxing while enjoying the tranquil lake backdrop.
Community Amenities: Enjoy resort-style living with sparkling pool
& cabanas, pickleball courts, tot lot, and tranquil walking trails
around scenic ponds. Whether you're looking to unwind or stay
active, Salerno Reserve offers the lifestyle you've been seeking -
just steps from your front door. Prime Location: - Easy access to
I-95 and the Florida Turnpike - Minutes to Stuart Beach and other
South Florida coastal gems - Close to shops, dining, and
entertainment in historic Downtown Stuart - Conveniently located 40
miles from Palm Beach International Airport - Near world-class golf
courses, museums, and outdoor recreation
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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