1071 SEAGRAPE DRIVE
About This Property
The open-concept layout features a spacious living and dining area with high ceilings, ceramic tile flooring, and abundant natural light, creating a clean and functional flow for everyday living. The kitchen serves as the centerpiece, anchored by an oversized island, solid wood cabinetry, stone countertops, and built-in appliances, making it both a functional workspace and a natural gathering point.
The primary suite is positioned as a private retreat within the split-bedroom design, offering a walk-in closet and a well-appointed en-suite bath. Tray ceilings and recessed lighting act as a subtle design focal point, while cohesive finishes throughout contribute to a clean, modern aesthetic.
Outdoor living is a standout feature, featuring a covered and screened lanai and a fully fenced backyard, backing to a conservation area that provides added privacy and a natural, open setting. The coastal-inspired exterior presents a strong architectural highlight, complemented by a paver driveway, landscaping, and an elevated entry.
Additional enhancements such as an in-wall pest control system, water softener, and water purification system provide elevated details that support everyday convenience. Large sliding glass doors create a seamless transition between indoor and outdoor living, acting as a defining feature that enhances natural light and flow.
Southshore Yacht Club delivers a true waterfront lifestyle centered around boating, recreation, and everyday convenience, serving as a distinctive element of this property. Residents enjoy direct access to Tampa Bay and the Gulf with no locks, along with a private marina offering boat slips with water and electricity. The community is designed around coastal living, with opportunities for fishing, kayaking, paddle boarding, and sunset views along the water. Resort-style amenities include a waterfront clubhouse, expansive pool, fitness center, and social spaces, while nearby waterfront dining and golf cart accessibility enhance everyday living. Walking paths, green spaces, and a well-planned layout create an active and connected environment.
The location places you within convenient reach of St. Pete, Apollo Beach, and Tampa, offering access to beaches, shopping, dining, and major roadways.
This property's combination of thoughtful design, privacy, and coastal setting stands as the feature that sets it apart, delivering a balanced Florida lifestyle within a premier waterfront community.
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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.
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About Ruskin
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$2,500 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017