New construction in X-500 flood zone, a luxurious transitional
oasis! Enter the grand foyer of this exquisite five-bedroom,
five-bath residence, and be immediately enamored by its
breathtaking vaulted ceilings and the seamless flow between indoor
and outdoor spaces. This stunning home in the Moorings showcases
distinctive architectural details that elevate its charm and
sophistication. Prepare to entertain in style in the gourmet
kitchen, equipped with elegant quartz countertops, state-of-the-art
appliances, a built-in pantry, wine cooler, and refrigerator
drawers. The spacious center island, complete with a breakfast bar,
is ideal for gatherings and culinary delights. Throughout the home,
you'll find exquisite porcelain tile and white oak wood flooring,
complemented by solid-core 8-foot interior doors. Modern
conveniences abound with a generator, a built-in Sonos music system
and pre-wiring for security cameras, marrying elegance with
cutting-edge functionality. The expansive owner's suite is a
retreat, featuring quartz countertops, a relaxing soaking tub, two
beautifully designed walk-in closets, and private water closets for
added privacy. Enter into the magnificent great room which opens
seamlessly to your secure outdoor living area, complete with a
stunning swimming pool and spa. Enjoy alfresco dining in the fully
equipped summer kitchen, cozy up by the gas fireplace, and relax on
the outdoor patios or under the covered lanai, featuring automated
insect screens and hurricane-rated shutters. Ideally just a short
distance from the beach, restaurants and shopping, this remarkable
home also offers the opportunity for membership to sought-after
Moorings Private Beach Park. Crafted with precision and elegance by
Lutgert Construction, this residence is a blend of luxury and
lifestyle. Your forever home awaits.
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.
Build plans are prepared and available for this Property. Beautifully updated single-story Moorings residence is now available. This 2 bedroom + den home flows gracefully from one engaging space to another. Gourmet kitchen comes complete with Sub-Zero and KitchenAid appliances, island, breakfast bar seating, wood cabinetry and plenty of counter space. The interior living spaces blend harmoniously with outdoor living areas via a full wall of glass windows and French doors which lead out to a spacious screened lanai with a built-in grill and tranquil pool area, perfect for relaxing or entertaining. The spacious primary retreat offers an updated bath with frameless glass shower. Impact windows, granite counters, crown molding, plantation shutters, wood and tile floors, brick paver driveway and lanai, and epoxy garage floors are just a few of the many updates to note. Conveniently located in close proximity to Venetian Village, 5th Avenue South, and Naples' famous sugar sand beaches. Truly a MUST SEE! The manager has listed the unit size as 1445 square feet.
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