103 WEST DRIVE
About This Property
The lot provides easy access to golf courses, parks, walking and biking paths, and is just a short drive to Englewood Beach, Boca Grande, and the Gulf of Mexico. Shopping, dining, medical facilities, and marinas are all nearby, making this an ideal location for both relaxation and convenience. Public utilities are available, simplifying the building process.
Enjoy a low annual HOA fee while benefiting from a community that maintains its infrastructure and common areas, preserving property values and overall appeal. Whether you're planning to build now or hold for the future, this lot presents an excellent opportunity to own property in one of Southwest Florida's most established communities.
Don't miss your chance to secure a homesite in Rotonda West - a community known for its charm, accessibility, and Florida lifestyle.
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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%.
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 |
|---|---|---|---|
| Sep 2, 2026 | Price Decreased |
$17,400
↓ $2K
(7.9%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$18,900
↓ $6K
(24.4%) | |
| Price Decreased | |||
| Mar 3, 2026 | Price Decreased |
$25,000
↓ $5K
(16.7%) | |
| Price Decreased | |||
| Dec 22, 2025 | Listed by GRANT TEAM REAL ESTATE, LLC | $30,000 | |
| Listed by GRANT TEAM REAL ESTATE, LLC | |||
| Mar 29, 2025 | Price Decreased |
$29,900
↓ $5K
(14.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017