Custom Waterfront Home in Gated Eagle Preserve Estates Intracoastal
Waterway Views. Experience the best of Southwest Florida waterfront
living in this custom 3-bedroom, 2.5-bath home situated on nearly
half an acre with 100 feet of direct frontage on the Intracoastal
Waterway. Located in the gated community of Eagle Preserve Estates,
this exceptional property offers peaceful natural surroundings,
shallow-water access for kayaking and paddleboarding, and beautiful
sunset views. The circle driveway greets you with dual garages and
inviting landscaping. The main living level welcomes you with
engineered hardwood floors, crown molding, and a distinctive coral
fireplace. A built-in bar has wood cabinets, a sink and beverage
refrigerator. The open kitchen features matte black appliances,
wood cabinets, an island with a copper sink and stone countertops,
while sliding glass doors lead to a spacious tiled deck with
roll-down screens, creating the perfect setting for indoor-outdoor
living. Two guest bedrooms are located on the main level, including
one currently used as an office. One guest bedroom features an
en-suite full bath, and an additional updated half bath provides
convenience for guests. The upper-level primary suite is a private
retreat featuring cathedral ceilings, two large closets, a
breakfast bar with a sink and refrigerator, and a private balcony
overlooking the water. Enjoy spectacular Southwest Florida sunsets
from your own elevated vantage point. The renovated primary bath
offers dual sinks, granite countertops, and a relaxing soaking tub.
Outdoor living takes center stage with a private, fenced waterfront
setting featuring a pool, spa, oversized paver deck, and covered
porch. An expansive overhang provides welcome shade, while the dock
leads to an observation deck where you can enjoy birdwatching,
fishing, and the tranquility of the surrounding waterways. Built
with durability in mind, the home features a 2022 steel roof,
impact-resistant glass, cement siding, and vented cement-board
soffits. The garage and ground level offer ample storage. The gated
entrance to Eagle Preserve Estates is adjacent to the beautiful
Lemon Bay Golf Club, where optional membership is available.
Ideally positioned between the charming beach destinations of Boca
Grande and Manasota Key, you'll enjoy convenient access to coastal
dining, shopping, beaches, and outdoor recreation.
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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