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13476 TORPEDO-RAY PLACE
About This Property
Just minutes from Boca Grande beaches, boat ramps, golf courses, marinas, and local restaurants, this lot provides both tranquility and convenience. Whether you plan to build now or hold as an investment, this is an excellent piece of property in a highly desirable location.
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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 |
|---|---|---|---|
| Dec 5, 2025 | Listed by DTB FLORIDA REALTY, INC. | $37,500 | |
| Listed by DTB FLORIDA REALTY, INC. | |||
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$14,700
↓ $1K
(8.1%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by KW COASTAL LIVING | $16,000 | |
| Listed by KW COASTAL LIVING | |||
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Welcome to your opportunity of a lifetime in Rotonda Meadows and Villas! With development on the rise, now is the perfect time to secure your slice of paradise before prices soar. Nestled in a growing community, this lot offers endless possibilities for your dream home or investment property. You'll find the allure of the Gulf of America beckoning just minutes away. From sun-soaked beaches to world-class fishing in Boca Grande, the recreational opportunities are endless. Indulge in fresh seafood at nearby restaurants, explore charming coastal towns, or simply relax and soak up the sunshine – the choice is yours. Convenience is key in Rotonda Meadows and Villas, with easy access to major airports for hassle-free travel. Whether you're jetting off for a weekend getaway or welcoming guests from afar, getting there is a breeze. Don't miss out on this incredible opportunity to build your future in one of Florida's most sought-after destinations. Act now and make your dreams a reality in Rotonda Meadows and Villas!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017