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1317 BARBARA DRIVE
About This Property
Built in 2002, the home features soaring vaulted ceilings, abundant natural light, beautiful plank tile flooring throughout, and a newer roof less than four years old. The spacious open-concept kitchen is truly the heart of the home, showcasing an oversized quartz island, sleek stainless steel appliances ( including a new ultra quiet Kitchen Aid dishwasher and a new LG super microwave that has a built in air fryer and veggie steamer), and plenty of space for entertaining family and friends.
One of the home's standout features is its flexible layout. Currently configured with a private in-law suite complete with a second kitchen area and separate hurricane-rated entrance, the space offers incredible possibilities for multigenerational living, guests, or additional income potential.
Step outside and discover your own tropical oasis. Lush landscaping surrounds the property with mature privacy hedges and an impressive collection of fruit-bearing trees and vines, including mango, avocado, orange, cherry, and grapes-creating a peaceful backyard retreat unlike anything else on the market.
Live the Florida lifestyle you've been dreaming of with easy access to the Legacy Biking Trail, nearby pickleball courts, golf courses, Pinebrook Park walking trails, and world-famous Gulf Coast beaches. Spend your days collecting shark teeth at Caspersen Beach or enjoying unforgettable sunsets over the Gulf.
Convenience meets peace of mind with Sarasota Memorial Hospital less than 3 miles away, plus Publix, Walgreens, dining, and everyday essentials all within a half-mile walk. Best of all: NO HOA fees and NOT located in a flood zone.
Just 1 mile to historic downtown Venice with its quaint shops, fabulous restaurants and weekly farmer's markets, approximately 2 miles to Venice Beach, 4 miles to Nokomis Beach, and less than 5 miles to Caspersen Beach.
This is more than a home - it's a rare opportunity to embrace the relaxed coastal lifestyle that makes Venice one of Florida's most sought-after destinations.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017