Rare opportunity to own the actual Lotus Palm SANTO GRAND model
home, featuring a private pool, beautiful water views and a fully
designer-finished interior curated by GL Homes' top-tier design
team. Built to showcase the very best of Lotus Palm, this
exceptional single-story residence is loaded with premium builder
upgrades, custom finishes and designer details throughout. Offering
4 bedrooms, 4.5 baths, a den, 3,106 SF of living space and a 3-car
garage, the home features generous open living areas designed for
both everyday living and entertaining, with seamless indoor-outdoor
living overlooking the pool and water. Lotus Palm delivers
true resort-style living with a spectacular clubhouse, restaurant
and bar, resort pools, state-of-the-art fitness center, tennis,
pickleball, children's amenities and an active social calendar. HOA
dues include lawn maintenance, alarm monitoring, staffed gated
security and maintenance of the community's beautifully landscaped
grounds and amenities. Ideally located in West Boca Raton
near premier shopping, dining and entertainment, this is a rare
opportunity to own the home GL Homes originally selected to
showcase the Lotus Palm lifestyle.
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.
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