$400,000
●
House -
In Contract
13315 SHELLMORE AVENUE
PALMETTO, FL 34221
4 Beds
3 Baths
2,337 Ft²
$2,014
Est. Monthly
$49
HOA / Fees
6.88%
Cap Rate
About This Property
Under Construction. Brand new, energy-efficient home available by
Oct 2025! The Modena offers an open-concept floorplan with 4
bedrooms, 3 bathrooms and 2 car garage. Enjoy cooking in the open
kitchen with a large work island or entertaining on the covered
lanai. Relax in the private primary suite, which has a large
walk-in close Coming soon, Coasterra Reserve Series offers new
single-family homes in Palmetto, FL with a variety of floorplans,
both single-story and two-story. Residents can enjoy the ideal
Florida lifestyle with the community's resort-style pool and
cabana. With close proximity to I-75, this community offers easy
access to St. Pete, Bradenton, Sarasota and beautiful Gulf Coast
beaches. Each of our homes is built with innovative,
energy-efficient features designed to help you enjoy more savings,
better health, real comfort and peace of mind.
Unit Size
2,337 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$171
Property Type
House
Property Taxes
$0
HOA Dues
$49
Year Built
-
Listed By
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 days ago (Stellar MLS #O6328587)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2026 | In contract | - | |
| In contract | |||
| Oct 17, 2026 | Price Decreased |
$400,000
↓ $21K
(4.9%) | |
| Price Decreased | |||
| Sep 6, 2026 | Price Increased |
$420,710
↑ $1K
(0.4%) | |
| Price Increased | |||
| Mar 25, 2026 | Price Increased |
$419,230
↑ $1K
(0.3%) | |
| Price Increased | |||
| Nov 7, 2025 | Price Decreased |
$418,000
↓ $9K
(2.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Open Floorplan, Walk-In Closet(s), Kitchen/Family Room Combo, Solid Surface Counters, Split Bedroom, Thermostat
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator
Flooring Type: Carpet, Ceramic Tile
Door Features: Sliding Doors
Laundry Features: Inside, Laundry Room
Rooms: 3
Has Fireplace
Fireplace Features: Living Room, Outside
Exterior Details
Square Footage: 2337
Square Footage Source: $0
Property Condition: Under Construction
Architectural Style: Craftsman, Florida
Year Built: 2025
Builder Name: Meritage Homes
Builder Model: 4M25
Building Area Total: 2982
Levels: One
Building Area Units: Square Feet
Construction Materials: Block
Patio and Porch Features: Covered, Rear Porch
Lot Size Area: 6000
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6000
Lot Size Dimensions: 50 x 120
Tax Lot: 0163
Water Source: Public
Financial Details
Tax Annual Amount: $1
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Other
HOA Fee: $49
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Manatee
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Listed by: Bryan Sumner
MERITAGE HOMES OF FL REALTY
Last Updated: 6 days ago
Data Source: Stellar MLS, MLS# O6328587
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
MERITAGE HOMES OF FL REALTY
Last Updated: 6 days ago
Data Source: Stellar MLS, MLS# O6328587
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017