8
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1387 HARBOR DRIVE
About This Property
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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 |
|---|---|---|---|
| Jun 14, 2026 | Listed by HB REALTY GROUP INC. | $5,590,000 | |
| Listed by HB REALTY GROUP INC. | |||
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Listed by RE/MAX ALLIANCE GROUP | $1,695,000 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
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YES! PRICED TO MOVE! Golden Investment Opportunity to Buy a Tear Down House in one of the MOST Sought after Sarasota Neighborhoods! This Lovely Prime "HARBOR ACRES" Gem Located WEST OF THE TRAIL Features: Fantastic Location with Elevated Views of the Bay Across the Street, 14,179 SF Lot, .33 Acres, Public Sewer and Water Hooked-up, Natural Gas Available, Circular Driveway, Room for Pool, Excellent Schools, Close to Morton's Market, Local Restaurants, Shopping, Sarasota Memorial Hospital, Downtown Sarasota, St Armand's plus Easy Access to the Best Florida Beaches! Build Your Custom Custom Home. Hire Our Builder or Bring Your Own! Or Buy your Lot Now and Build Later! Current Home is Being Sold As-Is and was Affected by Storm Damage. Seller has plans for a 5000+SF home for a Modern Farm House or Modern Coastal Style Home that can be built as Custom Construction w/Elevated Water Views!
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| Oct 31, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017