709 Turkey Oak Lane
About This Property
Step inside and you're greeted by soaring cathedral ceilings and an open concept living and dining area, creating an inviting space perfect for both relaxing and entertaining. The chef's kitchen is a standout, complete with an island, in-kitchen dining, and top-of-the-line Subzero appliances. The seamless flow into the family room features a built-in wet bar making this home ideal for hosting guests. The split floor plan offers privacy and functionality. On one wing, the spacious primary suite opens directly to the pool and outdoor spaces, while two additional bedrooms are tucked away in their own separate wing. A large laundry room adds convenience, and the fourth bedroom can serve as an office or a guest room, with easy access to a full guest bath.
The outdoor area is equally impressive, with a large, covered lanai perfect for relaxing poolside. The home's fenced-in yard provides peace and tranquility, making it the perfect retreat for enjoying Florida's beautiful weather with family and friends. Additional amenities include membership to Pelican Bay's world-class beach club, tennis facilities, fitness center, and more. 709 Turkey Oak Ln is zoned for Naples Sea Gate Elementary, Pine Ridge Middle, and Barron Collier High. Pelican Bay sets the bar for luxury beachfront living with its exclusive private beach club, offering a one-of-a-kind coastal experience. The club features two beachside dining options. Members also have access to unparalleled beach services, including reserved chairs, umbrellas, towel service, and beach attendants to ensure a carefree and luxurious day by the water. The beach club offers a full suite of amenities, including private beachfront restaurants and lounges, making it the perfect spot for both casual outings and special events. For those who love an active lifestyle, Pelican Bay also offers world-class tennis facilities with 18 Har-Tru courts, numerous tennis leagues, and events for players of all levels. Pelican Bay is expanding its racquet offerings with the development of a brand-new Racquets Center, which will feature 8 Har-Tru tennis courts& 20 outdoor pickleball courts. This exceptional property offers an unparalleled lifestyle in one of Naples' most coveted beachfront communities. Don't miss the opportunity to make this dream home your own!
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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%.
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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.
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.
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About North Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017