One or more photo(s) has been virtually staged, AI generated or
rendered. Experience the pinnacle of Florida luxury living in
this stunning new construction, two-story Glades Elite floor plan,
perfectly positioned on a sparkling waterfront lot with desirable
eastern rear exposure. Designed to capture breathtaking lake views
and abundant natural light, this home offers an exceptional
open-concept layout that seamlessly connects the main living spaces
for both everyday comfort and elegant entertaining. Step outside to
your private oasis, featuring a spectacular pool and spa
complemented by an oversized covered lanai-ideal for enjoying
serene sunrises and the ultimate indoor-outdoor lifestyle. At the
heart of the home, the gourmet kitchen impresses with premium
KitchenAid appliances, a natural gas cooktop, stacked upper shaker
cabinetry, and thoughtfully curated designer finishes. The
luxurious primary suite serves as a true retreat, showcasing a
freestanding soaking tub, expansive walk-in shower, dual vanities,
and a spa-inspired ambiance. This home features five spacious
bedrooms, a dedicated office, flex room, formal dining room, and an
upstairs loft with two additional bedrooms and a full bath. Built
to the latest codes and backed by a builder warranty, it also
features impact-resistant windows and doors throughout for peace of
mind. Residents enjoy access to a full-service amenity center,
including a clubhouse, state-of-the-art fitness center,
resort-style pool, putting green, tennis and pickleball courts, and
a full-time lifestyle director-bringing resort living right to your
doorstep. This exceptional property blends sophistication, comfort,
and an unbeatable waterfront setting-truly a place to call home.
Please see MLS supplements for floor plan layout/interior design
selections. Lot 200.
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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