1167 OCEAN SPRAY DRIVE
About This Property
A welcoming foyer opens to a private den or home office before leading into the heart of the home. The well-appointed kitchen features granite countertops, a large center island, abundant cabinetry, and a walk-in pantry, all overlooking the bright and spacious great room filled with natural light. Sliding glass doors off the dining area lead to the covered, screened lanai where you can enjoy morning coffee, evening sunsets, or weekend cookouts while taking in tranquil pond views. The oversized backyard also provides ample space to add a future pool.
The thoughtfully designed floor plan includes a first-floor bedroom and full bath, perfect for guests or multigenerational living. Upstairs, a spacious bonus room offers flexible living space, while an additional bedroom and full bath create a comfortable private retreat for family or visitors. A custom barn door provides added privacy between the primary suite and bonus room.
The expansive primary suite offers a bright, relaxing retreat with an ensuite bath featuring dual granite vanities, a soaking garden tub, a custom glass walk-in shower, and two generous walk-in closets. Storage is exceptional throughout the second floor, including a walk-in closet in one of the secondary bedrooms and three additional hallway closets, providing plenty of room to stay organized.
This meticulously maintained home also includes a whole-house water softener installed approximately three years ago, a security system, and major components that offer added peace of mind, including a roof and water heater that are both approximately four years old.
Residents of Shell Cove enjoy outstanding community amenities including a resort-style pool, clubhouse, playground, and dog park. Conveniently located near US-41 and I-75, you'll have easy access to Tampa, St. Petersburg, Bradenton, shopping, restaurants, marinas, parks, nature preserves, and the beautiful Gulf Coast beaches. Move-in ready and loaded with space, storage, and modern conveniences, this exceptional home is ready for its next owners. Schedule your private showing today!
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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 |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Sep 10, 2026 | Price Decreased |
$399,999
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$419,999
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Aug 4, 2026 | Listed by EXP REALTY, LLC | $424,999 | |
| Listed by EXP REALTY, LLC | |||
| Nov 23, 2021 | Sold | ||
| Sold | |||
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About Ruskin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017