119 Ozona DRIVE
About This Property
are always cool breezes off the Gulf to enjoy as you swim in the beautiful Pebble Tec saltwater pool in
the summer and enjoy the winter months as well, as the pool is heated by a new Pentair heat pump.
You will never miss a breathtaking sunset from your patio and covered lanai or stargaze from your open balcony off the upstairs master suite. There is lots of fenced yard space, decorative lighting, lush landscaping, and 90+ ft. of waterfront. This home has been lovingly and extensively renovated throughout. From the time you enter, you will love the easy to maintain rustic travertine tile flooring in the main part of the house and the beautiful hardwoods in the bedrooms. Crown molding and lots of
wood trim add to the ambiance of the home and a cozy gas fireplace will set the tone for enjoying life with family and entertaining friends. A huge island is the heart of the kitchen with abundant custom wood cabinetry and counter space. All Stainless GE Profile appliances are a joy to use. Off the kitchen is an office space with cabinets and room for storage. The kitchen and all bathroom cabinets in the home have stunning granite countertops. The separate dining room features a beautifully crafted tray celling and skylight. The master suite is situated on the second floor, with 2 large closets, a spacious bathroom with two sinks and a walk-in shower. It has a large balcony facing west and overlooking the pool. The home has new impact windows and impact sliding glass doors. The huge garage is approximately 20x40. The roof was new in 2015 and is still under warranty, which is transferrable. New soffits, facia boards, and an oversized gutter system were installed in 2021. Train high efficiency heat pump/air conditioners with Halo air purifiers were installed in 2019 and 2023. Ozona Is a golfcart friendly unique community with many restaurants, shops, 6 marinas, its own post office, and ice cream parlor. You can walk to the Pinellas Trail and are close to top-rated schools, including Ozona Elementary, Palm Harbor Middle, and Palm Harbor University High School. Enjoy the unparalleled casual charm and beauty of this one-of-a-kind property. This is Florida living at its best!
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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 |
|---|---|---|---|
| Apr 23, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Price Decreased |
$2,200,000
↓ $298K
(11.9%) | |
| Price Decreased | |||
| Mar 15, 2024 | Listed by TOM TUCKER REALTY | $2,498,000 | |
| Listed by TOM TUCKER REALTY | |||
| May 5, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017