11210 Spring STREET
About This Property
The main house features 3 bedrooms and 3.5 bathrooms, thoughtfully designed to accommodate a variety of needs. It includes a formal living room, formal dining area, a kitchen with a charming breakfast nook, and a large family room with a cozy fireplace. A private in-law suite with its own living room, small kitchen, and bedroom makes it ideal for extended family or guests. Completing the main residence is a dedicated office space and laundry room. The second-floor balcony spans the entire rear of the home, providing serene views and a perfect space for relaxation. An elevator shaft is in place for those planning to enhance accessibility in the future.
The 4-bay oversized garage offers space for cars, motorcycles, jet skis, or a workshop, with an additional bonus room on the garage level featuring a mini-split AC, ideal for a home gym, office, or creative studio.
A covered walkway leads to the north building, which houses two separate units, making this property ideal for multi-generational living. The first unit, a 1-bedroom, 1-bathroom dwelling, features an open-concept great room situated over a 2-car garage. The second unit is a 2-bedroom, 1.5-bathroom dwelling with a similar layout over a 4-car garage. Both units include their own laundry rooms for ultimate convenience.
The possibilities for the backyard oasis are endless. With ample space, you can design a luxurious retreat with a resort-style pool, complete with cascading waterfalls, a spa, and an expansive sun deck. There's room for a full outdoor kitchen and bar, a fire pit for cozy evenings, or even a lush garden with winding paths. The large corner lot ensures plenty of space for entertaining, creating your private paradise while still enjoying proximity to the vibrant amenities of Largo and the gulf beaches.
In addition to its stunning features, the property is just a short drive to Indian Rocks Beach, local parks, shopping, and dining. The crow's nest provides a truly exceptional vantage point to soak in the Gulf views, making this property a rare find.
With so much potential and an unbeatable location, this estate offers endless opportunities to create the home of your dreams. Whether you're looking for multi-generational living, a home with designated workspace, or a private coastal retreat, this property is ready to become something extraordinary. Don't miss your chance to explore the possibilities and enjoy the ultimate Florida lifestyle! All information is believed to be accurate but is not guaranteed. Buyers and agents to verify all information pertinent to their purchase decision. Room sizes are approximate. Property is sold as-is with right to inspect.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017