70 Spoonbill Road
About This Property
The curb appeal is enhanced by the clean and manicured landscape and decorative driveway with ample parking for residents and guests alike. The double glass door entry provides the first glimpse of the light and bright interior with impressive views of the grounds, pool and waterway thanks to floor-to-ceiling glass sliders. The living room has a fireplace, volume paneled tray ceilings and flows effortlessly to the kitchen and dining room. The chef's kitchen has a sleek design with large island, Thermador appliances including gas range, lots of cabinets and counter space and easy access to the formal dining room with Wine Guardian temperature controlled glass wine cellar and bar with Miele cappuccino machine. The office is located off the entryway across from the elevator and stairway.
The south wing hallway leads to the three-car garage for easy access to the kitchen, pantry and first floor laundry room with full-size washer and dryer. The hallway also leads to the massage room which could serve as an office, a full bath with exterior door and pathway leading to the pool and a gym which could be a bedroom with closets and sliders to the terrace and pool. The first floor master wing is located on the north wing and features a morning bar, two large walk-in closets, dual vanities, two water closets, soaking tub and custom glass walk-in shower. The master bedroom has wood paneled ceiling and sliding glass doors to the pool and waterway beyond.
At the top of the stairway there is an expansive landing, morning bar and second floor laundry room. The VIP suite features gorgeous water views, sliders that open to the expansive covered balcony, two large closets, linen closet and master bath with dual vanities, glass shower and soaking tub. There are two additional en suite guest bedrooms with closets and access to covered balconies.
The flexible floor plan of this coastal contemporary residence allows the indoors to effortlessly transition to the outdoors for private retreats and festive entertaining. The spacious covered loggia has a summer kitchen with grill and plenty of room for outdoor living area and dining. The sparkling heated pool has dual sun shelves and water features that arc across. The manicured green spaces perfectly frame the decorative poolside terrace with outdoor shower and walking path to cabana bath. With 115 feet of waterfrontage on Manatee Cove and a private 50-foot dock, boating is a breeze with ocean access via the nearby inlet. Ready to go to the beach or schedule a spa day? Residents of Manalapan have private beach access and gratis membership to La Coquille Club at the nearby Eau Palm Beach Resort & Spa.
Quality built with custom finishes, this brand new home has 5,593 square feet under air; 7,253 total square feet; five bedrooms including a first floor master suite and second floor VIP suite and five full baths. Other luxury features include three air conditioning zones with linear air diffusers; wood floors; custom trim; central vacuum; generator; impact windows and doors; elevator; custom lighting on stairway; interior frosted glass doors; under-stair closet; fenced yard and three-car garage with exterior door that leads to walking path and grounds.
Come enjoy all that South Florida has to offer in this luxurious brand new property with stunning water views and plenty of room for residents and guests alike!
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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%.
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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.
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Jan 31, 2019 | Listed by Douglas Elliman | $4,795,000 | |
| Listed by Douglas Elliman | |||
| Mar 10, 2017 | Sold | ||
| Sold | |||
| Jan 23, 2017 | Listed by William Raveis Real Estate | $1,395,000 | |
| Listed by William Raveis Real Estate | |||
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110+/- feet of waterfront property occupying a privileged waterfront location on exclusive Point Manalapan's Manatee Cove. Home could be remodeled or a great new construction project!. Residents of Manalapan enjoy gratis to the La Coquille Club, membership with resort amenities. Don’t miss the opportunity to purchase property at one of the lowest price point in the Pt Manalapan.
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| Nov 28, 2016 | Listed by William Raveis Real Estate | $1,395,000 | |
| Listed by William Raveis Real Estate | |||
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Opportunity to renovate into your waterfront dream home. This privileged location on exclusive Point Manalapan's Manatee Cove enjoys 110’ of waterfront. Residents of Manalapan enjoy gratis Eau Resort beach club membership. Don’t miss the chance to purchase at the lowest price point in the Pt Manalapan.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017