116 CASTILE STREET
About This Property
Enjoy easy access to boutique shopping, local dining, farmers markets, and year-round events, all just a short drive, bike ride, or even walk away. Whether you're spending your mornings by the Gulf, afternoons exploring downtown, or evenings enjoying one of Venice's renowned sunsets, this location puts you right in the center of it all.
This home features a new kitchen and appliances (2025) and beautifully refinished wood floors (2025), blending modern updates with the home's original vintage character and charm-a rare find that adds warmth and personality.
With its highly desirable location, this property also presents excellent rental and investment potential, making it a fantastic opportunity for seasonal rentals, full-time income, or a personal getaway with income-producing flexibility.
Whether you're looking for a primary residence, vacation home, or investment property, 116 Castile offers the perfect opportunity to embrace the laid-back Florida lifestyle.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by LPT REALTY, LLC | $795,000 | |
| Listed by LPT REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017