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8340 CATAMARAN CIRCLE
About This Property
The expansive outdoor retreat elevates the Florida living experience with an expansive screened lanai, abundant open and under cover spaces grounded with travertine pavers, full summer kitchen, and a PebbleTec heated saltwater pool and spa. Ten foot disappearing glass sliders seamlessly connect the outdoor oasis to a luxuriantly welcoming great room, dining area and gourmet kitchen with plank tile floors, crowned with tray ceilings and designer light fixtures to create a cohesive continuity of space. Meanwhile the kitchen further accentuates with wood cabinetry, quartz counters, high-performance appliances, large island, reverse osmosis, and an oversized hidden walk-in pantry.
Relax and unwind in the owner's quarters positioned on a private wing, offering double tray ceilings, large scale windows, direct lanai access, two oversized walk-in closets and one standard closet, 3-way dressing mirror, remote window screens, and a luxuriously appointed bath with large dual station vanity, an oversized shower with designer tile, a large soaking tub, and separate water closet. On a separate wing of the home there are two additional guest suites generous in size, both with walk-in closets and private ensuite full baths. Off the lanai and pool bath, the club room beckons for entertaining or ideal for spillover guests as a fourth bedroom opportunity. The residence also offers a large tucked away office just off the entry foyer.
Other notable highlights of this all-encompassing 5,146 total square foot residence includes a brilliantly finished laundry room, tankless water heater, generator, impact windows and doors, water filtration system, reverse osmosis in the kitchen, remote window treatments, plantation shutters, Smarthome automation, and a split three car garage with epoxy flooring and one with its own AC unit. Modern refinement and luxury living in The Lake Club, where residents enjoy access to a wealth of amenities, including two resort-style heated pools, Grande Clubhouse with fine dining and bar area, a fitness center, spa, tennis courts, pickleball, a playground, dog park, and services of a full-time concierge and activities director.
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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 |
|---|---|---|---|
| Oct 26, 2026 | Price Decreased |
$2,095,000
↓ $100K
(4.6%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by MICHAEL SAUNDERS & COMPANY | $2,195,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Aug 4, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017