1119 Grand Cay Drive, Palm Beach Gardens, FL 33418 — MLS photo

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1119 Grand Cay Drive, Palm Beach Gardens, FL 33418

Active · SingleFamilyResidence

$2,699,000

1119 Grand Cay Drive, Palm Beach Gardens, FL 33418

Beds
5
Baths
6
Living area
4,423 sq ft
$ / sq ft
$610/sq ft
Year built
1997
Lot size
14,383 sq ft
HOA fee
$1,211 Monthly
Annual tax
$24,070

About this property

Welcome to one of the most exclusive opportunities in all of PGA National -- the only double lot available in the prestigious, double-gated community of Grand Cay. Situated on an oversized .33-acre homesite with sweeping golf and sunset views, this exceptional estate offers over 4,423 square feet of living space in the main residence, plus a private 570-square-foot guest house, making it one of the most unique properties within a community of more than 4,500 homes. From the moment you enter, you are greeted by soaring 20+ foot ceilings, striking architectural detail, and a grand sense of scale. The main home features four bedrooms, four full bathrooms, one half bath, a dedicated office, and a spacious media room or den, offering flexibility for both everyday living and entertaining. The detached guest house includes a bedroom, full bathroom, kitchenette, and living area--perfect for extended family, guests, live-in support, or a private retreat. Positioned along the Nicklaus-designed 16th hole of the iconic Bear Trap, the home captures spectacular west-facing sunset views from the second-floor balcony. Whether enjoying a peaceful afternoon watching golfers pass through or experiencing the excitement of the Cognizant Classic from your own backyard vantage point, the setting is truly unmatched. Grand Cay is an intimate enclave of just 42 estate homes, offering lake and championship golf course views, a private community pool, fitness clubhouse, and 24-hour manned security behind double gates. Residents enjoy privacy and prestige within one of Palm Beach Gardens' most desirable addresses. Living in PGA National means embracing the ultimate South Florida lifestyle. The community offers five championship golf courses, world-class tennis and pickleball, a luxury spa, resort-style pools, and seven on-site restaurants including the renowned Butcher's Club. Membership is optional, providing flexibility to enjoy the resort amenities at your discretion. Ideally located just minutes from luxury shopping at The Gardens Mall, top-rated dining, beautiful beaches, boating, Downtown West Palm Beach, Palm Beach Island, and Palm Beach International Airport, this home also sits near some of the area's most respected private schools including The Benjamin School, Oxbridge Academy, The King's Academy, and Rosarian Academy. This is more than a home -- it is a rare opportunity to own one of the most distinctive and private properties in PGA National, offering space, views, security, and the very best of the Florida lifestyle.

Property location

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1119 Grand Cay Drive, Palm Beach Gardens, FL 33418

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Facts & features

Interior

Bedrooms
5
Bathrooms
6
Living area
4,423 sq ft
Flooring
Carpet, Ceramic Tile, Marble
Appliances
Some Gas Appliances, Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bidet, Bedroom On Main Level, Breakfast Area, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, Main Level Primary, Sitting Area In Primary, Shower Only, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1997
Stories
2
Lot size
14,383 sq ft
Architectural style
Mediterranean
Roof
Spanish Tile
Construction
Block
Exterior features
Balcony, Fence, Patio
Pool
Pool, Association, Community
View
Golf Course, Lake

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$1,211 Monthly
Fee inclusions
Common Area Maintenance, Security
Amenities
Fitness Center, Golf Course, Pool, Putting Greens, Guard, Security, Tennis Courts, Trails
Security
Gated With Guard, Security Guard
Pets allowed
No
Annual tax
$24,070
Subdivision
Grand Cay
County
Palm Beach
Days on market
222
MLS listing ID
R11165244
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,740

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-5.9%
Gross yield
6.8%
Mortgage payment
$12,795/mo
Down payment
$674,750
Loan amount
$2,024,250
Annual NOI
$108,652

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.