12536 116TH STREET
About This Property
Experience the perfect blend of location, comfort, and value in this energy-efficient concrete block home in the desirable Avon Ridge neighborhood. Enjoy peace of mind with NO HOA, a brand-new roof (2025), and a fully paid 5kW solar panel system-saving you thousands on utilities every year.
Step inside this light-filled open-concept layout featuring tile and luxury vinyl flooring, a stunning remodeled kitchen with white shaker cabinetry, quartz countertops, chevron backsplash, Whirlpool stainless appliances, and custom wood-inlay ceiling with designer lighting.
Relax in the inviting living area with natural stone fireplace or the versatile Florida room-perfect for a home office, studio, or play space.
This thoughtfully designed 2-bedroom, 2-bath home offers flexibility to add a third bedroom or guest suite in the spacious 22' x 12' bonus room (264 sq. ft.), providing instant equity potential and space to grow.
The private primary suite features a walk-in closet and sleek en-suite bath with dual shower heads, while the guest bath includes a tub/shower combo for comfort and convenience.
Step outside to your fenced backyard oasis-ideal for entertaining, gardening, pets, or even a future pool. A rear gate provides direct access to the Pinellas Trail, with nearby parks, lakes, and beaches for endless outdoor fun.
All this in a flood zone X, non-evacuation area, just minutes to Indian Rocks Beach, Largo Mall, Seminole City Center, and top-rated schools. Easy access to airports and medical centers make this a smart choice for full-time residents, snowbirds, or investors alike.
Priced competitively - schedule your private showing today and start living the Florida lifestyle you deserve!
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$425,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Oct 11, 2025 | Price Decreased |
$429,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 30, 2025 | Price Decreased |
$435,000
↓ $3K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017