96
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1016 SIGNET DRIVE
About This Property
Apollo Beach is home to hundreds of dolphins and manatees that swim the canals daily, and from this address they are not something you drive to see -- they are something you watch from your own backyard. The retired golf course directly across the street has become a natural sanctuary for some of Florida's most beautiful birds, making Signet Drive one of the quietest and most naturally scenic streets in the entire community. Brand new seawalls mean zero worry and zero near-term expense for the new owner -- a significant advantage that waterfront buyers elsewhere in Florida rarely get to enjoy.
The main level is designed for both grand entertaining and everyday living. A two-story entry sets the tone immediately. The open kitchen flows into the family room and oversized breakfast nook, anchored by an large pantry with custom wooden shelving. A formal dining room, private office, and full guest suite with a separate exterior door round out the first floor, along with the primary suite featuring a gigantic walk-in closet and oversized bath. Tile floors run throughout the entire main level.
Upstairs is essentially a second home. Four additional bedrooms, a bonus room, a loft, a theatre room, and a fully equipped private kitchenette with all appliances included make this floor work perfectly for multigenerational living, long-term guests, or a luxury secondary retreat. A large balcony overlooks the canal and captures the bay breezes and water views that define life in MiraBay.
The upgrades go well beyond the aesthetics. Motorized blinds, a motorized chandelier, a whole-home water softener, and customized closets in every bedroom. Level 2 EV chargers in both garages. A generator already wired and ready to go. The gym equipment and play zone are included in the sale.
All of this sits inside MiraBay, one of the most amenity-rich communities in the Tampa Bay area at just $190 yearly in HOA fees. Residents enjoy two heated pools open year-round, a poolside cafe, an evening lounge with TVs, a 24-hour gym with dual saunas and fitness classes, tennis courts, pickleball courts, basketball courts, three parks with playgrounds, miles of walking trails winding through the community and deep into the Wolfe Creek Nature Preserve all the way to Tampa Bay, a private boat launch, and two separate kayak and paddleboard launches with free community equipment for residents and their guests. A full-time activity coordinator keeps the calendar packed year-round with food trucks, live entertainment, movies in the park, holiday events, and the beloved annual lighted boat and golf cart parade. The CDD covers seawall maintenance -- a financial benefit that waterfront homeowners elsewhere in Florida pay dearly for. Golf cart access connects residents directly to the MiraBay Shopping Village for dining, groceries, a wine bar, an ice cream shop, healthcare, salons, and more without ever touching the highway.
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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%.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Price Decreased |
$1,690,000
↓ $60K
(3.4%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$1,750,000
↓ $40K
(2.2%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by 27NORTH REALTY | $1,790,000 | |
| Listed by 27NORTH REALTY | |||
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017