Welcome to this exceptional waterfront residence in Lotus Edge,
Boca Raton. The only brand-new, move-in-ready Santorini model
currently available on the market, this highly sought-after floor
plan offers the perfect blend of luxury, comfort, and sophisticated
design. This stunning two-story home features 5 bedrooms, 7
bathrooms, and 5,453 square feet of beautifully finished living
space. Designed for both everyday living and grand entertaining,
the home showcases exquisite finishes throughout, expansive living
areas, and multiple indoor and outdoor spaces ideal for hosting
family and friends. The gourmet kitchen, elegant gathering
spaces, and seamless indoor-outdoor flow create an exceptional
lifestyle experience. A spacious four-car garage provides ample
parking and storage. Situated on a premium waterfront lot, the
property offers tranquil water views and the distinctive appeal of
waterfront living within one of South Florida's most desirable new
luxury communities. Residents enjoy access to Lotus Edge's
world-class amenities, resort-style clubhouse, fitness center,
pools, sports courts, and more. A rare opportunity to own one
of the community's most desirable models without the wait of new
construction. Some photos have been virtually staged.
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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