Beautiful landscaping sets the tone for this magnificent waterfront
estate in Boca Harbour Island, imparting a luxuriant sense of
place, while the rear gardens offer resort-style outdoor living.
The loggia with a summer kitchen flows out to the ice-white marble
patio and the sparkling 40-foot pool with a spa and waterfall
feature, where afternoons slip into languid leisure. A
boating-enthusiast's dream, this luxury residence fronts 85 feet on
a wide stretch of the Intracoastal Waterway, and a 40-foot pier
dock extends from the private 60-foot concrete dock, complete with
a 15,000-pound hydraulic boat lift and a 5,000-pound Jet Ski lift.
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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%.
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.
Brand New Direct Intracoastal Modern Contemporary Dream Home. State of the Art Movie Theater,Game Room Loft Area, Wood Panel Library, 5 Suites, 7 1/2 Baths, Resort Style Pool and Spa, Incredible Ceiling Work, Spectacular Gourmet Kitchen, Electric Fireplace, Generator, Elevator, Smart House, On-Pilings, Intracoastal Views Galore. See survey in document section.
Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener
Garage Spaces: 3
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 7
Interior Features: Breakfast Bar, Central Vacuum, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Pantry, Storage, Soaking Tub, Walk-In Closet(s), BreakfastArea, Bathtub, DiningArea, SeparateFormalDiningRoom, MultiplePrimarySuites, MultipleEnSuiteBathrooms, SittingAreaInPrimary, SeparateShower, UpperLevelPrimary
Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
Flooring Type: Carpet, Marble, Wood
Laundry Features: Inside, LaundryTub
Rooms: 20
Has Fireplace
Fireplace Features: Gas
Exterior Details
Square Footage: 7043
Square Footage Source: $0
Security Features: Security System Owned, Fire Alarm, Smoke Detector(s), MotionDetectors
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