10389 VALENCIA ROAD
About This Property
From the moment you arrive, the home's freshly painted exterior and clean architectural lines create a warm and sophisticated first impression. Step inside to discover fresh interior paint throughout, creating a light, airy ambiance that's both welcoming and refined.
Major upgrades provide lasting value, including a brand-new roof (2024) with a transferable 25-year warranty, ensuring years of worry-free living. The electrical panels have been fully replaced, and a whole-house surge protection device has been installed on the main panel for enhanced safety and efficiency. This home sits on a quiet residential street just minutes from some of the area's finest amenities. Enjoy easy access to the award-winning Gulf beaches, including Madeira Beach and Redington Shores, both less than a 10-minute drive away. The property is also close to top-rated schools, beautiful parks like Lake Seminole Park, and upscale shopping and dining at Seminole City Center. With its prime location, thoughtful updates, and timeless appeal, this property is truly move-in ready and ideal for those seeking a luxurious 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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Listed by REALTY EXPERTS | $460,000 | |
| Listed by REALTY EXPERTS | |||
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About Seminole
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017