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10432 SPOONBILL ROAD W
About This Property
Designed for the boating enthusiast, this saltwater canal property offers direct access to open water with no fixed bridges, a 150-foot private seawall, and a 12,000-lb boat lift-allowing you to be on plane just moments after leaving your dock.
The home has been tastefully updated with high-end finishes, including Italian Lube cabinetry, Miele appliances, Hunter Douglas window treatments, and premium countertops and flooring, creating a sophisticated yet comfortable coastal atmosphere.
Multiple outdoor living spaces, including open and covered decks and a private balcony off the primary suite, overlook the heated pool and tranquil bayou, offering the perfect setting for relaxation or entertaining. The outdoor experience is enhanced with a fireplace, travertine patios, and lush tropical landscaping, all fully fenced for privacy.
Nature lovers will appreciate the ability to kayak or paddleboard directly to the 600+ acre Robinson Preserve in minutes, while dolphins and manatees frequently visit the waters just beyond your backyard.
Ideally located, Flamingo Cay offers quick access by boat or car to waterfront dining, marinas, and the world-renowned beaches of Anna Maria Island.
Additional highlights include a 2021 roof and both AC systems, along with the rare benefit of over 3,000 square feet within one of the area's most sought-after canal communities.
Flamingo Cay features a voluntary HOA.
This is a rare opportunity to own a spacious waterfront retreat in one of West Bradenton's most desirable boating communities.
Come experience the lifestyle that makes Flamingo Cay such a special place to call home.
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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.
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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 20, 2026 | Price Decreased |
$2,599,000
↓ $66K
(2.5%) | |
| Price Decreased | |||
| May 30, 2026 | Price Decreased |
$2,665,000
↓ $30K
(1.1%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by COLDWELL BANKER REALTY | $2,695,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Jun 21, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed by COLDWELL BANKER REALTY | $1,999,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017