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0 HOULE AVENUE
About This Property
Imagine building the custom home you've always dreamed of on over half an acre with plenty of room for a pool, detached garage, guest house, or expansive outdoor living space. Or take advantage of the opportunity to build up to three separate homes, creating an outstanding investment or multi-generational living opportunity.
The combined lots offer generous frontage, added privacy, and endless possibilities in a well-established neighborhood. Whether you're looking to build now or secure land for the future, this property offers the flexibility to bring your vision to life.
Ideally located just minutes from Downtown Sarasota, world-renowned beaches, shopping, dining, parks, schools, medical facilities, and major roadways, you'll enjoy the perfect blend of convenience and tranquility.
Whether you're searching for the perfect place to build your forever home or a unique development opportunity, this one-of-a-kind three-lot offering is packed with potential. Don't miss your chance to own a piece of Sarasota with possibilities that are truly hard to find.
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Cap Rate Calculator
What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 4, 2026 | Price Decreased |
$310,000
↓ $29K
(8.6%) | |
| Price Decreased | |||
| Jun 7, 2026 | Price Decreased |
$339,000
↓ $30K
(8.1%) | |
| Price Decreased | |||
| Apr 10, 2026 | Relisted | $369,000 | |
| Relisted | |||
| Apr 3, 2026 | No longer available | - | |
| No longer available | |||
| Mar 20, 2026 | Price Decreased |
$369,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017