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8722 Mustang Island Circle
About This Property
Upgraded enhanced kitchen quartz countertops/backsplash, fresh interior paint, beautiful light fixtures, refinished pool with stunning new tile, newer A/C, Newer Hot Water Heater, ELECTRIC HURRICANE SHUTTER SCREENS ON LANAI and a NEWER ROOF add to the home's appeal. The open-concept kitchen serves as the heart of the home, with plenty of counter space, upgraded appliances and room for 5 barstools on the island.
Embrace the Florida lifestyle with multiple outdoor living areas, serene golf course views, a custom pool and spa ideal for relaxing or entertaining year-round.
Located within renowned Lely Resort, residents enjoy access to three championship golf courses, including the two public courses, Flamingo Island and Mustang, as well as The Classics Country Club, with optional membership. Immediate membership to The Players Club & Spa offers an impressive array of resort-style amenities, including two lagoon pools, a lap pool, tiki bar, full-service spa, state-of-the-art fitness center, tennis, bocce, pickleball, and elegant indoor fine dining.
Meticulously maintained and move-in ready, this exceptional home combines timeless appeal, thoughtful upgrades, outdoor enjoyment, and resort-inspired living in one of Southwest Florida's most desirable communities.
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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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About South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017