Beautiful, large corner lot with private landscaping, Maintenance
free, gated living in a charming boutique community with NO CDD and
low HOA fees! This 2022-built, move-in ready home offers 4
bedrooms, 2 bathrooms, and 1,850 square feet of well-designed
living space with room to add a swimming pool. Located in
Bradenton, just minutes from Lakewood Ranch and I-75, this home
combines modern finishes with everyday convenience. The
open-concept floor plan features a spacious kitchen with quartz
countertops, subway tile backsplash, stainless steel appliances,
walk-in pantry, and a large center island overlooking the dining
area and great room. Tile flooring extends throughout the main
living areas, creating a seamless flow to the extended covered
lanai and private backyard. Enjoy pond views from the front of the
home, along with a tile roof, paver driveway, and professionally
landscaped exterior. The primary suite includes a walk-in closet
and an en suite bathroom with dual vanities and a walk-in shower.
Three additional bedrooms with flexible space for guests, a home
office, hobby room, or workout area. Additional features include a
2-car garage with EV charger, hurricane shutters, and
maintenance-free lawn care. Low HOA fees and NO CDD FEES help keep
ownership costs down. Conveniently located near Lakewood Ranch,
Sarasota, UTC Mall, shopping, restaurants, parks, golf courses,
medical facilities, SR 64, I-75, and the Gulf Coast beaches
including Anna Maria Island, Siesta Key, and Lido Key. This home is
available for a quick closing and is ready for its next owner.
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.
Under Construction. Magnolia Ranch calls you home to the thoughtfully designed Highgate featuring 4 bedrooms, 2 bathrooms, and an extended covered lanai everyone can enjoy. Currently under construction, this beautifully upgraded single-family home awaits you. Stop by Magnolia Ranch today for details and to tour this quick move-in home! This home is UNDER CONSTRUCTION and expected to complete in DECEMBER 2022. Photos are for illustration purposes only, options may vary.
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener, Ground Level
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Open Floorplan, Walk-In Closet(s), In Wall Pest System, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
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