Imagine waking up every day in your own waterfront paradise. This
stunning 2021 custom-built home in a very private, gated community
of Pelican Pointe brings together everything you love about Florida
living-sunlight, water, and luxury. With over 3,800 sq ft, 4
spacious bedrooms, and 5 beautifully finished bathrooms, this home
feels open, bright, and welcoming from the moment you step inside.
Coastal hardwood floors, vaulted ceilings, elevator, and a chef's
kitchen. Step outside and the magic continues. Enjoy morning coffee
overlooking the Intracoastal from your second story heated
saltwater pool, spend afternoons on your private beach, or head out
for sunset boat ride from your deeded boat slip. The three car
garage and large veranda make hosting easy, while the nearly half
acre lot gives you room to breathe. This isn't just a home - it's a
lifestyle. With the Intracoastal in your backyard and the Atlantic
just across the street, you truly have the best of both worlds.
Come see what waterfront living is meant to feel like.
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.
Welcome to Your Private Waterfront Paradise! Experience the epitome of coastal luxury in this custom-built 2021 estate, nestled within the exclusive gated community of Pelican Pointe. Set along the serene shores of the Intracoastal Waterway, this stunning home offers over 3,800 square feet of exquisite living space, featuring 4 spacious bedrooms, 5 luxurious bathrooms, and a deeded boat slip, perfect for the avid boater. As you step inside, you're greeted by soaring coffered ceilings, gorgeous light coastal hardwood floors, and an open-concept design that flows effortlessly from room to room. The gourmet kitchen is a chef's dream, with granite countertops, high-end stainless steel appliances, custom lighting, and a hidden ocean-view pantry, ideal for both intimate gatherings and grand entertaining. The outdoor space is nothing short of spectacular, with a second-story heated saltwater pool that offers sweeping views of the water, a private beach along the Intracoastal, and a dedicated boat slip to launch your adventures. The expansive three-car garage opens to a welcoming veranda, while the nearly half-acre lot features lush landscaping, offering ultimate privacy and tranquility. This isn't just a home; it's a lifestyle. With the peaceful Intracoastal in your backyard and the Atlantic Ocean just across the street, you truly have the best of both worlds, luxury, convenience, and natural beauty all in one place. Schedule your private tour today and immerse yourself in the lifestyle of Florida's most exclusive waterfront living.
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