12676 SAGEWOOD DRIVE
About This Property
From the moment you step inside, your eye is drawn through the open living space to the expansive lake views beyond. The kitchen is both stylish and functional with white shaker cabinetry, quartz countertops, subway tile backsplash, soft-close cabinets, gas range, and a large pantry. The kitchen opens seamlessly to the dining and living areas, creating an inviting space for entertaining, gathering with family, or simply enjoying the view.
Step outside to the super-extended screened lanai, where the long lake view becomes the backdrop for morning coffee, evening cocktails, and beautiful Florida sunsets, while the additional sun deck outside the screened enclosure offers another place to relax and soak up the Florida sunshine.
The spacious owner's suite enjoys a peaceful lake view and features dual walk-in closets, dual vanities, and a frameless walk-in shower. Two additional bedrooms and a full guest bath are privately positioned in their own wing, making the layout ideal for visiting family and friends. A two-car garage provides additional storage, and a whole-home 18kW gas-powered Generac generator in 2023 adds valuable peace of mind and convenience.
This home has been thoughtfully refreshed, upgraded, and prepared for its next owner and is truly move-in ready. Recent improvements include a NEW A/C in 2025, NEW hot water heater in 2025 with approximately 9 years remaining on the warranty, NEW fans and light fixtures, NEW toilets, and a NEW microwave. The interior has just been freshly painted, the tile professionally cleaned, the dryer vents cleaned, and the exterior pressure washed. The irrigation system has also been extended around the entire home and was recently serviced. With so many updates and maintenance items already taken care of, you can simply move in and begin enjoying your new Florida lifestyle.
Grand Palm is known for its incredible amenity package and miles of scenic trails throughout the community. Residents enjoy multiple resort-style pools, slide pool, lap pool, fitness center and studio, splash park, kayak storage and launch, dog parks, pickleball courts, tennis, basketball, bocce, sand volleyball, playgrounds, and a full calendar of activities coordinated by an on-site lifestyle director.
Ideally located just minutes from historic Downtown Venice, Gulf beaches, shopping, dining, and Downtown Wellen Park, this waterfront home offers the perfect combination of location, lifestyle, and low-maintenance Florida living.
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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 |
|---|---|---|---|
| Oct 28, 2026 | In contract | - | |
| In contract | |||
| Oct 19, 2026 | Price Decreased |
$424,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$429,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed by SUNSET DREAM REALTY | $435,000 | |
| Listed by SUNSET DREAM REALTY | |||
| Jul 24, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017