This 5 bedroom + den/flex, 6 bath brand-new 2026 2 story custom
coastal luxury residence is ideally located - it is one of the
closest houses to the white sands of Vanderbilt Beach. Situated on
an oversized lot spanning 157' wide on one of the most private
streets along Vanderbilt drive with landscaped views to the front
and rear of the home, this magnificent 7,776 total
living and 4,570 AC SQ FT home combines sophisticated architecture,
outstanding craftsmanship and the finest appointments throughout.
Buyer can purchase the home with the complete Designer furnishings
package for easy quick move in. A striking coastal
contemporary exterior welcomes you with crisp white finishes,
black-framed windows, lush tropical landscaping, and an elegant
circular paver driveway plus a 3 car wide side load garage with
high enough ceilings for lifts and the ability to hold 6 cars.
Inside, soaring ceilings, wide-plank wood flooring, custom
millwork, designer lighting, and exquisite architectural details
create an atmosphere of timeless elegance. An impressive wood
staircase, floor to ceiling wood designer walls and expansive
windows enhance the bright, open design. The spectacular chef's
kitchen features a dramatic vaulted wood ceiling with exposed
beams, custom cabinetry, gorgeous stone countertops, a Wolf gas
range, sub zero refrigerator, double sized sink with two faucets,
cove dishwasher, an oversized island perfect for gathering and a
one of a kind large see through glass wall cabinets that allow
light and treed nature as a framed background. Open the
cleverly concealed cabinet door and you are looking at the second
Glass door Subzero refigerator in the rear kitchen/butlers pantry
that provides additional dishwasher, sink, preparation space &
storage The adjoining great room showcases a contemporary linear
fireplace, illuminated display shelving, a full wall TV and
expansive sliding glass doors that open to the outdoor living
areas. The dining space features designer lighting and red and
white wine coolers. The luxurious Owner's suite is an inviting
retreat with a private covered balcony, spa-inspired bath with
freestanding tub, expansive glass-enclosed shower, dual vanities,
beautiful stone finishes, designer fixtures and impressive His &
Hers custom walk-in closets. Four guest bedrooms are
elegantly appointed with ensuite baths, and there is a spacious
upstairs flex room w/built-ins, TV & a beverage center. Designed
for effortless indoor-outdoor living, the covered lanai includes a
fully equipped outdoor kitchen, built-in grill, comfortable
entertaining area, and outdoor television. Beyond, a stunning
resort-style pool and spa are surrounded by stone decking and
tropical landscaping, with dramatic fire bowls plus a large price
artificial turf fenced yard. BUT BEST OF ALL: VANDERBILT
BEACH'S PARAISO BEACH CLUB MEMBERSHIP IS INCLUDED AT NO CHARGE TO
BUYER - A $150,000 VALUE! The Complete package and no 2+ year
wait!!
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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