1332 OCEAN SPRAY DRIVE
About This Property
This charming 3-bedroom, 2-bathroom, 2-car garage home offers solid concrete block construction and an open-concept layout, while boasting a host of thoughtful upgrades that truly set it apart. Inside, you'll find ceiling fans in every bedroom, a dedicated laundry room with overhead cabinets for added storage and convenience, and an insulated garage ceiling and doors for year-round comfort. A whole-home surge protector has been installed at the meter for extra peace of mind.
The kitchen is equipped with a reverse osmosis system, and the home also features a water softener system. Outside, enjoy your own private retreat with a fully screened lanai, retractable privacy screens, and a relaxing therapy hot tub - all surrounded by six custom shade sails, outdoor flood lighting, mature landscaping, palm trees, and a fully fenced backyard, perfect for both entertaining and privacy.
This home is USDA loan eligible, which means no money down, and best of all, flood insurance is not required. Shell Cove offers incredible community amenities including a resort-style pool, playground, and sports courts. Plus, you're just minutes away from a vibrant marina, boat club, tiki bar, and a local beach - all within a 5-minute drive. With in-ground termite protection, gutters, and so many thoughtful upgrades, this home offers the perfect blend of comfort, function, and Florida lifestyle.
Don't miss your chance to make it yours - schedule your private tour today and take advantage of the $10,000 in closing costs being offered to buyers!
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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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by COASTAL PROPERTIES GROUP INTER | $288,000 | |
| Listed by COASTAL PROPERTIES GROUP INTER | |||
| Oct 27, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by COASTAL PROPERTIES GROUP INTER | $300,710 | |
| Listed by COASTAL PROPERTIES GROUP INTER | |||
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About Ruskin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017