1318 ROOSEVELT DRIVE
About This Property
Step inside to find luxury vinyl flooring throughout and an inviting open-concept design. The spacious living room boasts wood beams on soaring ceilings, a stunning stone fireplace, and a large bay window that fills the space with natural light.
The chef's kitchen is a dream, featuring stainless steel appliances, a stylish tile backsplash, ample cabinetry, and a built-in desk area. A generous dining space just off the kitchen makes entertaining a breeze.
The primary suite is a true retreat, offering French doors leading to the oversized screened-in lanai, as well as an ensuite bathroom with a beautifully tiled shower and jetted garden tub. The two additional spacious bedrooms provide plenty of room for guests or a home office.
This home is storm-ready with brand-new hurricane and heat-resistant windows on the front of the house and a full set of galvanized storm shutters for all remaining doors and windows-offering peace of mind during Florida's storm season.
Step outside to your massive screened-in lanai, where you can enjoy peaceful mornings or relaxing evenings with stunning pond views and NO REAR NEIGHBORS!
Located just minutes from Venice and Wellen Park's premier shopping, dining, and entertainment, this deed-restricted community offers low HOA fees of just $265 annually and no costly CDD fees.
Don't miss this incredible opportunity-schedule your private showing today!
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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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Price Decreased |
$399,988
↓ $30K
(7%) | |
| Price Decreased | |||
| Feb 26, 2025 | Price Decreased |
$430,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Feb 18, 2025 | Listed by KELLER WILLIAMS REALTY- PALM H | $449,988 | |
| Listed by KELLER WILLIAMS REALTY- PALM H | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017